Time required to start business in Marshall Islands
Marshall Islands: Time required to start business was 17 in 2019. ▼ Falling
Latest (2019)
17
Change on year
unchanged
World rank
62nd
of 188 countries
All-time high
22
in 2003
All-time low
17
in 2004
Years of data
17
2003–2019
Time required to start business in Marshall Islands, 2003–2019
Source: Our World in Data.
Analysis
In 2019, time required to start business in Marshall Islands stood at 17. That is the lowest value across all 17 years on record.
The figure is unchanged over ten years.
Over the whole period, time required to start business in Marshall Islands peaked at 22 in 2003 and was at its lowest, 17, in 2004.
Marshall Islands ranks 62nd of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Time required to start business in Marshall Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 22 | — |
| 2004 | 17 | -22.7% |
| 2005 | 17 | +0.0% |
| 2006 | 17 | +0.0% |
| 2007 | 17 | +0.0% |
| 2008 | 17 | +0.0% |
| 2009 | 17 | +0.0% |
| 2010 | 17 | +0.0% |
| 2011 | 17 | +0.0% |
| 2012 | 17 | +0.0% |
| 2013 | 17 | +0.0% |
| 2014 | 17 | +0.0% |
| 2015 | 17 | +0.0% |
| 2016 | 17 | +0.0% |
| 2017 | 17 | +0.0% |
| 2018 | 17 | +0.0% |
| 2019 | 17 | +0.0% |
Marshall Islands compared with similar countries
- Marshall Islands's 17 is above the median for upper middle income countries, which is 12, 1.4× the median. (55 countries reporting)
- Marshall Islands's 17 is above the median for East Asia & Pacific, which is 12.8, 1.3× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.71 | 17 | 22 | 7 |
| 2010s | 17 | 17 | 17 | 10 |
Countries ranked near Marshall Islands
- 60 India 17.5 compare
- 60 Malaysia 17.5 compare
- 62 Mozambique 17 compare
- 64 Brazil 16.6 compare
- 65 Dominican Republic 16.5 compare
- 65 El Salvador 16.5 compare
- 65 Luxembourg 16.5 compare
- 65 Pakistan 16.5 compare
More reference data data for Marshall Islands
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 0 (2019)
- Universal right to vote in practice 2 (2025)
- Civil liberties rating fh 1 (2025)
- Universal suffrage men lexical 1 (2025)
- Elections legislature lexical 1 (2025)
- Competitive elections lexical 1 (2025)
Frequently asked questions
- What is time required to start business in Marshall Islands?
- Time required to start business in Marshall Islands was 17 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Marshall Islands?
- The highest recorded value was 22 in 2003.
- What is the lowest time required to start business recorded in Marshall Islands?
- The lowest recorded value was 17 in 2004.
- How does Marshall Islands rank for time required to start business?
- Marshall Islands ranks 62nd out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Marshall Islands?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Marshall Islands 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).