Time required to start a business in Greece

Greece: Time required to start a business was 4 days in 2019. ◆ Volatile

Latest (2019)
4 days
Change on year
down 68.0%
World rank
168th
of 188 countries
All-time high
38 days
in 2003
All-time low
4 days
in 2019
Years of data
17
2003–2019

Time required to start a business in Greece, 2003–2019

0102030402003201120192003: 38 days2004: 38 days2005: 38 days2006: 38 days2007: 38 days2008: 19 days2009: 19 days2010: 19 days2011: 11 days2012: 11 days2013: 14 days2014: 13 days2015: 13 days2016: 13 days2017: 12.5 days2018: 12.5 days2019: 4 days

Source: Doing Business project, World Bank (2025) – processed by Our World in Data. Measured in days.

Analysis

The most recent figure for time required to start a business in Greece is 4 days, measured in 2019. That is the lowest value across all 17 years on record.

That represents a change of down 68.0% on the previous year and down 78.9% over ten years.

Over the whole period, time required to start a business in Greece peaked at 38 days in 2003 and was at its lowest, 4 days, in 2019.

That places Greece 168th out of 188 countries with data for 2019, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 32.57 days 19 days 38 days 7
2010s 12.3 days 4 days 19 days 10

Countries ranked near Greece

  1. 166 Oman 4.3 days compare
  2. 167 United States 4.2 days compare
  3. 168 Armenia 4 days compare
  4. 168 Chile 4 days compare
  5. 168 France 4 days compare
  6. 168 Moldova 4 days compare
  7. 168 Norway 4 days compare
  8. 168 Rwanda 4 days compare

See the full ranking of 188 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is time required to start a business in Greece?
Time required to start a business in Greece was 4 days in 2019, according to Doing Business project, World Bank (2025) – processed by Our World in Data.
What is the highest time required to start a business recorded in Greece?
The highest recorded value was 38 days in 2003.
What is the lowest time required to start a business recorded in Greece?
The lowest recorded value was 4 days in 2019.
How does Greece rank for time required to start a business?
Greece ranks 168th out of 188 countries with data for 2019.
Is time required to start a business rising or falling in Greece?
Over the last ten years it is down 78.9%. The long-run trend across the full record is volatile.
Where does this Greece data come from?
The figures come from Doing Business project, World Bank (2025) – processed by Our World in Data, published as part of Time required to start a business. Statizoid updates them automatically from the source API.

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About this data

Indicator
Time required to start a business
Unit
days
Source
Doing Business project, World Bank (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed

Number of calendar days needed to complete the procedures to legally operate a business.