Time required to start a business in Montenegro

Montenegro: Time required to start a business was 12 days in 2019. ▼ Falling

Latest (2019)
12 days
Change on year
unchanged
World rank
92nd
of 188 countries
All-time high
26 days
in 2006
All-time low
12 days
in 2010
Years of data
14
2006–2019

Time required to start a business in Montenegro, 2006–2019

01020302006201220192006: 26 days2007: 26 days2008: 23 days2009: 14 days2010: 12 days2011: 12 days2012: 12 days2013: 12 days2014: 12 days2015: 12 days2016: 12 days2017: 12 days2018: 12 days2019: 12 days

Source: Doing Business project, World Bank (2025) – processed by Our World in Data. Measured in days.

Analysis

In 2019, time required to start a business in Montenegro stood at 12 days. That is the lowest value across all 14 years on record.

Compared with earlier readings it is down 14.3% over ten years.

Over the whole period, time required to start a business in Montenegro peaked at 26 days in 2006 and was at its lowest, 12 days, in 2010.

Montenegro ranks 92nd of 188 countries on this measure, 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 a business in Montenegro, year by year

Annual values for Time required to start a business in Montenegro, 2006 to 2019.
Year days Change
2006 26 days
2007 26 days +0.0%
2008 23 days -11.5%
2009 14 days -39.1%
2010 12 days -14.3%
2011 12 days +0.0%
2012 12 days +0.0%
2013 12 days +0.0%
2014 12 days +0.0%
2015 12 days +0.0%
2016 12 days +0.0%
2017 12 days +0.0%
2018 12 days +0.0%
2019 12 days +0.0%

Montenegro compared with similar countries

  • Montenegro's 12 days is above the median for upper middle income countries, which is 12 days, 1.0× the median. (55 countries reporting)
  • Montenegro's 12 days is above the median for Europe & Central Asia, which is 7.25 days, 1.7× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.25 days 14 days 26 days 4
2010s 12 days 12 days 12 days 10

Countries ranked near Montenegro

  1. 89 Egypt 12.5 days compare
  2. 89 Jordan 12.5 days compare
  3. 89 Spain 12.5 days compare
  4. 92 Bhutan 12 days compare
  5. 92 Dominica 12 days compare
  6. 92 Grenada 12 days compare
  7. 92 Maldives 12 days compare
  8. 92 Mongolia 12 days compare

See the full ranking of 188 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is time required to start a business in Montenegro?
Time required to start a business in Montenegro 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 Montenegro?
The highest recorded value was 26 days in 2006.
What is the lowest time required to start a business recorded in Montenegro?
The lowest recorded value was 12 days in 2010.
How does Montenegro rank for time required to start a business?
Montenegro ranks 92nd out of 188 countries with data for 2019.
Is time required to start a business rising or falling in Montenegro?
Over the last ten years it is down 14.3%. The long-run trend across the full record is falling.
Where does this Montenegro 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.

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Time required to start a business in Montenegro. Statizoid, drawing on Doing Business project, World Bank (2025) – processed by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/time-required-to-start-business/montenegro/

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About this data

Indicator
Time required to start a business
Unit
days
Source
Doing Business project, World Bank (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed

Number of calendar days needed to complete the procedures to legally operate a business.