Time required to start business in Luxembourg
Luxembourg: Time required to start business was 16.5 in 2019. ▼ Falling
Latest (2019)
16.5
Change on year
unchanged
World rank
65th
of 188 countries
All-time high
28
in 2006
All-time low
16.5
in 2010
Years of data
14
2006–2019
Time required to start business in Luxembourg, 2006–2019
Source: Our World in Data.
Analysis
Luxembourg recorded 16.5 for time required to start business in 2019. That is the lowest value across all 14 years on record.
The figure is down 25.0% over ten years.
Over the whole period, time required to start business in Luxembourg peaked at 28 in 2006 and was at its lowest, 16.5, in 2010.
That places Luxembourg 65th out of 188 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Time required to start business in Luxembourg, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 28 | — |
| 2007 | 24 | -14.3% |
| 2008 | 24 | +0.0% |
| 2009 | 22 | -8.3% |
| 2010 | 16.5 | -25.0% |
| 2011 | 16.5 | +0.0% |
| 2012 | 16.5 | +0.0% |
| 2013 | 16.5 | +0.0% |
| 2014 | 16.5 | +0.0% |
| 2015 | 16.5 | +0.0% |
| 2016 | 16.5 | +0.0% |
| 2017 | 16.5 | +0.0% |
| 2018 | 16.5 | +0.0% |
| 2019 | 16.5 | +0.0% |
Luxembourg compared with similar countries
- Luxembourg's 16.5 is above the median for high income countries, which is 8.5, 1.9× the median. (62 countries reporting)
- Luxembourg's 16.5 is above the median for Europe & Central Asia, which is 7.25, 2.3× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.5 | 22 | 28 | 4 |
| 2010s | 16.5 | 16.5 | 16.5 | 10 |
Countries ranked near Luxembourg
- 62 Marshall Islands 17 compare
- 62 Mozambique 17 compare
- 64 Brazil 16.6 compare
- 65 Dominican Republic 16.5 compare
- 65 El Salvador 16.5 compare
- 65 Pakistan 16.5 compare
More reference data data for Luxembourg
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.041 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0209 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1381 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0065 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1381 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1376 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.099 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1147 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.6709 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0353 (2050)
Frequently asked questions
- What is time required to start business in Luxembourg?
- Time required to start business in Luxembourg was 16.5 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Luxembourg?
- The highest recorded value was 28 in 2006.
- What is the lowest time required to start business recorded in Luxembourg?
- The lowest recorded value was 16.5 in 2010.
- How does Luxembourg rank for time required to start business?
- Luxembourg ranks 65th out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Luxembourg?
- Over the last ten years it is down 25.0%. The long-run trend across the full record is falling.
- Where does this Luxembourg 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 — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).