Time required to start business in Micronesia (country)
Micronesia (country): Time required to start business was 16 in 2019. ▼ Falling
Time required to start business in Micronesia (country), 2003–2019
Source: Our World in Data.
Analysis
In 2019, time required to start business in Micronesia (country) stood at 16. That is the lowest value across all 17 years on record.
That represents a change of unchanged over ten years.
Over the whole period, time required to start business in Micronesia (country) peaked at 36 in 2003 and was at its lowest, 16, in 2004.
That places Micronesia (country) 69th 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 17 years of available data.
Time required to start business in Micronesia (country), year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 36 | — |
| 2004 | 16 | -55.6% |
| 2005 | 16 | +0.0% |
| 2006 | 16 | +0.0% |
| 2007 | 16 | +0.0% |
| 2008 | 16 | +0.0% |
| 2009 | 16 | +0.0% |
| 2010 | 16 | +0.0% |
| 2011 | 16 | +0.0% |
| 2012 | 16 | +0.0% |
| 2013 | 16 | +0.0% |
| 2014 | 16 | +0.0% |
| 2015 | 16 | +0.0% |
| 2016 | 16 | +0.0% |
| 2017 | 16 | +0.0% |
| 2018 | 16 | +0.0% |
| 2019 | 16 | +0.0% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 16 is above the median for upper middle income countries, which is 12, 1.3× the median. (55 countries reporting)
- Micronesia (country)'s 16 is above the median for East Asia & Pacific, which is 12.8, 1.2× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.86 | 16 | 36 | 7 |
| 2010s | 16 | 16 | 16 | 10 |
Countries ranked near Micronesia (country)
More reference data data for Micronesia (country)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0157 (2050)
- Emission Totals - Emissions (CH4) - Burning - Crop residues 0.0003 (2050)
- Emission Totals - Emissions (CH4) - Enteric Fermentation 1.94 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.092 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0626 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0136 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 3.01 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 3.61 (2050)
Frequently asked questions
- What is time required to start business in Micronesia (country)?
- Time required to start business in Micronesia (country) was 16 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Micronesia (country)?
- The highest recorded value was 36 in 2003.
- What is the lowest time required to start business recorded in Micronesia (country)?
- The lowest recorded value was 16 in 2004.
- How does Micronesia (country) rank for time required to start business?
- Micronesia (country) ranks 69th out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Micronesia (country)?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Micronesia (country) 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).