Time required to start business in North Macedonia

North Macedonia: Time required to start business was 15 in 2019. ◆ Volatile

Latest (2019)
15
Change on year
unchanged
World rank
75th
of 188 countries
All-time high
60
in 2003
All-time low
15
in 2012
Years of data
17
2003–2019

Time required to start business in North Macedonia, 2003–2019

1020304050602003201120192003: 602004: 602005: 602006: 312007: 282008: 222009: 172010: 162011: 162012: 152013: 152014: 152015: 152016: 152017: 152018: 152019: 15

Source: Our World in Data.

Analysis

In 2019, time required to start business in North Macedonia stood at 15. That is the lowest value across all 17 years on record.

That represents a change of down 11.8% over ten years.

Over the whole period, time required to start business in North Macedonia peaked at 60 in 2003 and was at its lowest, 15, in 2012.

North Macedonia ranks 75th of 188 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Time required to start business in North Macedonia, year by year

Annual values for Time required to start business in North Macedonia, 2003 to 2019.
Year Value Change
2003 60 —
2004 60 +0.0%
2005 60 +0.0%
2006 31 -48.3%
2007 28 -9.7%
2008 22 -21.4%
2009 17 -22.7%
2010 16 -5.9%
2011 16 +0.0%
2012 15 -6.2%
2013 15 +0.0%
2014 15 +0.0%
2015 15 +0.0%
2016 15 +0.0%
2017 15 +0.0%
2018 15 +0.0%
2019 15 +0.0%

North Macedonia compared with similar countries

  • North Macedonia's 15 is above the median for upper middle income countries, which is 12, 1.2× the median. (55 countries reporting)
  • North Macedonia's 15 is above the median for Europe & Central Asia, which is 7.25, 2.1× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 39.71 17 60 7
2010s 15.2 15 16 10

Countries ranked near North Macedonia

  1. 74 Syria 15.5 compare
  2. 75 Guatemala 15 compare
  3. 75 Guinea 15 compare
  4. 75 Lebanon 15 compare
  5. 75 Lesotho 15 compare

See the full ranking of 188 places →

More reference data data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is time required to start business in North Macedonia?
Time required to start business in North Macedonia was 15 in 2019, according to Our World in Data.
What is the highest time required to start business recorded in North Macedonia?
The highest recorded value was 60 in 2003.
What is the lowest time required to start business recorded in North Macedonia?
The lowest recorded value was 15 in 2012.
How does North Macedonia rank for time required to start business?
North Macedonia ranks 75th out of 188 countries with data for 2019.
Is time required to start business rising or falling in North Macedonia?
Over the last ten years it is down 11.8%. The long-run trend across the full record is volatile.
Where does this North Macedonia 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.

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Time required to start business in North Macedonia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/time-required-to-start-business/north-macedonia/

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About this data

Indicator
Time required to start business
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed