Time required to start a business in Palau
Palau: Time required to start a business was 28 days in 2019. ▬ Flat
Latest (2019)
28 days
Change on year
unchanged
World rank
35th
of 188 countries
All-time high
33 days
in 2003
All-time low
24 days
in 2004
Years of data
17
2003–2019
Time required to start a business in Palau, 2003–2019
Source: Doing Business project, World Bank (2025) – processed by Our World in Data. Measured in days.
Analysis
Palau recorded 28 days for time required to start a business in 2019.
That represents a change of unchanged over ten years.
Over the whole period, time required to start a business in Palau peaked at 33 days in 2003 and was at its lowest, 24 days, in 2004.
That places Palau 35th out of 188 countries with data for 2019, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.57 days | 24 days | 33 days | 7 |
| 2010s | 28 days | 28 days | 28 days | 10 |
Countries ranked near Palau
More reference data data for Palau
- Universal right to vote 2 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
- Civil liberties rating 1 (2025)
- Universal right to vote in practice 2 (2025)
- Competitive elections 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Consumer price index 160.77 2010 = 100 (2025)
- Democracy 7 (2025)
- Free country 2 (2025)
Frequently asked questions
- What is time required to start a business in Palau?
- Time required to start a business in Palau was 28 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 Palau?
- The highest recorded value was 33 days in 2003.
- What is the lowest time required to start a business recorded in Palau?
- The lowest recorded value was 24 days in 2004.
- How does Palau rank for time required to start a business?
- Palau ranks 35th out of 188 countries with data for 2019.
- Is time required to start a business rising or falling in Palau?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Palau 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.