Time required to start business in Hungary
Hungary: Time required to start business was 7 in 2019. ◆ Volatile
Latest (2019)
7
Change on year
unchanged
World rank
140th
of 188 countries
All-time high
54
in 2003
All-time low
5
in 2009
Years of data
17
2003–2019
Time required to start business in Hungary, 2003–2019
Source: Our World in Data.
Analysis
Hungary recorded 7 for time required to start business in 2019.
The figure is up 40.0% over ten years.
Over the whole period, time required to start business in Hungary peaked at 54 in 2003 and was at its lowest, 5, in 2009.
Hungary ranks 140th of 188 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Time required to start business in Hungary, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 54 | — |
| 2004 | 54 | +0.0% |
| 2005 | 39 | -27.8% |
| 2006 | 39 | +0.0% |
| 2007 | 17 | -56.4% |
| 2008 | 6 | -64.7% |
| 2009 | 5 | -16.7% |
| 2010 | 5 | +0.0% |
| 2011 | 5 | +0.0% |
| 2012 | 7 | +40.0% |
| 2013 | 7 | +0.0% |
| 2014 | 7 | +0.0% |
| 2015 | 7 | +0.0% |
| 2016 | 7 | +0.0% |
| 2017 | 7 | +0.0% |
| 2018 | 7 | +0.0% |
| 2019 | 7 | +0.0% |
Hungary compared with similar countries
- Hungary's 7 is below the median for high income countries, which is 8.5, 82% of the median. (62 countries reporting)
- Hungary's 7 is below the median for Europe & Central Asia, which is 7.25, 97% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.57 | 5 | 54 | 7 |
| 2010s | 6.6 | 5 | 7 | 10 |
Countries ranked near Hungary
More reference data data for Hungary
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5538 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1724 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.75 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.5679 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.75 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.86 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.09 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.6937 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 12.77 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 3.09 (2050)
Frequently asked questions
- What is time required to start business in Hungary?
- Time required to start business in Hungary was 7 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Hungary?
- The highest recorded value was 54 in 2003.
- What is the lowest time required to start business recorded in Hungary?
- The lowest recorded value was 5 in 2009.
- How does Hungary rank for time required to start business?
- Hungary ranks 140th out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Hungary?
- Over the last ten years it is up 40.0%. The long-run trend across the full record is volatile.
- Where does this Hungary 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).