Time required to start a business in Mongolia
Mongolia: Time required to start a business was 12 days in 2019. ▼ Falling
Time required to start a business in Mongolia, 2003–2019
Source: Doing Business project, World Bank (2025) – processed by Our World in Data. Measured in days.
Analysis
The most recent figure for time required to start a business in Mongolia is 12 days, measured in 2019. That is the lowest value across all 17 years on record.
The figure is down 29.4% over ten years.
Over the whole period, time required to start a business in Mongolia peaked at 24 days in 2003 and was at its lowest, 12 days, in 2015.
Mongolia ranks 92nd 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18 days | 17 days | 24 days | 7 |
| 2010s | 14.2 days | 12 days | 17 days | 10 |
Countries ranked near Mongolia
More reference data data for Mongolia
- Spring temperature anomalies 1.18 °C (2026)
- Summer temperature anomalies -1.21 °C (2026)
- Temperature anomalies by month -0.0846 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.7275 °C (2025)
- Winter temperature anomalies 1.26 °C (2025)
- Consumer price index 319.47 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is time required to start a business in Mongolia?
- Time required to start a business in Mongolia was 12 days in 2019, according to Doing Business project, World Bank (2025) – processed by Our World in Data.
- What is the highest time required to start a business recorded in Mongolia?
- The highest recorded value was 24 days in 2003.
- What is the lowest time required to start a business recorded in Mongolia?
- The lowest recorded value was 12 days in 2015.
- How does Mongolia rank for time required to start a business?
- Mongolia ranks 92nd out of 188 countries with data for 2019.
- Is time required to start a business rising or falling in Mongolia?
- Over the last ten years it is down 29.4%. The long-run trend across the full record is falling.
- Where does this Mongolia data come from?
- The figures come from Doing Business project, World Bank (2025) – processed by Our World in Data, published as part of Time required to start a 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).
About this data
Number of calendar days needed to complete the procedures to legally operate a business.