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

010203040502003201120192003: 542004: 542005: 392006: 392007: 172008: 62009: 52010: 52011: 52012: 72013: 72014: 72015: 72016: 72017: 72018: 72019: 7

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

Annual values for Time required to start business in Hungary, 2003 to 2019.
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

DecadeAverage LowestHighest Years
2000s 30.57 5 54 7
2010s 6.6 5 7 10

Countries ranked near Hungary

  1. 138 Sweden 7.5 compare
  2. 139 Nigeria 7.2 compare
  3. 140 Democratic Republic of Congo 7 compare
  4. 140 Myanmar 7 compare
  5. 140 Sao Tome and Principe 7 compare
  6. 140 Serbia 7 compare
  7. 140 Tajikistan 7 compare
  8. 140 Turkey 7 compare

See the full ranking of 188 places →

More reference data data for Hungary

All data for Hungary →

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).

Share, cite or embed this page

Cite this page

Time required to start business in Hungary. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/time-required-to-start-business/hungary/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/time-required-to-start-business/hungary/">Time required to start business in Hungary</a> — Statizoid

About this data

Indicator
Time required to start business
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed