Time required to start business in Mongolia
Mongolia: Time required to start business was 12 in 2019. ▼ Falling
Latest (2019)
12
Change on year
unchanged
World rank
92nd
of 188 countries
All-time high
24
in 2003
All-time low
12
in 2015
Years of data
17
2003–2019
Time required to start business in Mongolia, 2003–2019
Source: Our World in Data.
Analysis
The most recent figure for time required to start business in Mongolia is 12, 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 business in Mongolia peaked at 24 in 2003 and was at its lowest, 12, 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.
Time required to start business in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 24 | — |
| 2004 | 17 | -29.2% |
| 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 | 16 | -5.9% |
| 2013 | 16 | +0.0% |
| 2014 | 16 | +0.0% |
| 2015 | 12 | -25.0% |
| 2016 | 12 | +0.0% |
| 2017 | 12 | +0.0% |
| 2018 | 12 | +0.0% |
| 2019 | 12 | +0.0% |
Mongolia compared with similar countries
- Mongolia's 12 is above the median for upper middle income countries, which is 12, 1.0× the median. (55 countries reporting)
- Mongolia's 12 is below the median for East Asia & Pacific, which is 12.8, 94% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18 | 17 | 24 | 7 |
| 2010s | 14.2 | 12 | 17 | 10 |
Countries ranked near Mongolia
More reference data data for Mongolia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.8173 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.37 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.25 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0069 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.25 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.74 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.16 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 12.74 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 18.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0378 (2050)
Frequently asked questions
- What is time required to start business in Mongolia?
- Time required to start business in Mongolia was 12 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Mongolia?
- The highest recorded value was 24 in 2003.
- What is the lowest time required to start business recorded in Mongolia?
- The lowest recorded value was 12 in 2015.
- How does Mongolia rank for time required to start business?
- Mongolia ranks 92nd out of 188 countries with data for 2019.
- Is time required to start 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 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).