Time required to start business in Hong Kong
Hong Kong: Time required to start business was 1.5 in 2019. ◆ Volatile
Latest (2019)
1.5
Change on year
unchanged
World rank
184th
of 188 countries
All-time high
11
in 2003
All-time low
1.5
in 2015
Years of data
17
2003–2019
Time required to start business in Hong Kong, 2003–2019
Source: Our World in Data.
Analysis
Hong Kong recorded 1.5 for time required to start business in 2019. That is the lowest value across all 17 years on record.
That represents a change of down 75.0% over ten years.
Over the whole period, time required to start business in Hong Kong peaked at 11 in 2003 and was at its lowest, 1.5, in 2015.
Hong Kong ranks 184th of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Time required to start business in Hong Kong, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 11 | — |
| 2004 | 11 | +0.0% |
| 2005 | 11 | +0.0% |
| 2006 | 11 | +0.0% |
| 2007 | 11 | +0.0% |
| 2008 | 11 | +0.0% |
| 2009 | 6 | -45.5% |
| 2010 | 6 | +0.0% |
| 2011 | 2.5 | -58.3% |
| 2012 | 2.5 | +0.0% |
| 2013 | 2.5 | +0.0% |
| 2014 | 2.5 | +0.0% |
| 2015 | 1.5 | -40.0% |
| 2016 | 1.5 | +0.0% |
| 2017 | 1.5 | +0.0% |
| 2018 | 1.5 | +0.0% |
| 2019 | 1.5 | +0.0% |
Hong Kong compared with similar countries
- Hong Kong's 1.5 is below the median for high income countries, which is 8.5, 18% of the median. (62 countries reporting)
- Hong Kong's 1.5 is below the median for East Asia & Pacific, which is 12.8, 12% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.29 | 6 | 11 | 7 |
| 2010s | 2.35 | 1.5 | 6 | 10 |
Countries ranked near Hong Kong
More reference data data for Hong Kong
- Emission Totals - Emissions (CO2eq) (AR5) - Burning - Crop residues 0 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 1.38 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure applied to Soils 1.05 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure Management 6.26 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 20.78 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Enteric Fermentation 6.8 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Crop Residues 0.0002 (1990)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 0.0041 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.0291 (2050)
- Emission Totals - Direct emissions (N2O) - Crop Residues 0 (1990)
Frequently asked questions
- What is time required to start business in Hong Kong?
- Time required to start business in Hong Kong was 1.5 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Hong Kong?
- The highest recorded value was 11 in 2003.
- What is the lowest time required to start business recorded in Hong Kong?
- The lowest recorded value was 1.5 in 2015.
- How does Hong Kong rank for time required to start business?
- Hong Kong ranks 184th out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Hong Kong?
- Over the last ten years it is down 75.0%. The long-run trend across the full record is volatile.
- Where does this Hong Kong data come from?
- The figures come from Our World in Data, published as part of Time required to start business. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).