Time required to start business in Palau
Palau: Time required to start business was 28 in 2019. ▬ Flat
Latest (2019)
28
Change on year
unchanged
World rank
35th
of 188 countries
All-time high
33
in 2003
All-time low
24
in 2004
Years of data
17
2003–2019
Time required to start business in Palau, 2003–2019
Source: Our World in Data.
Analysis
Palau recorded 28 for time required to start business in 2019.
That represents a change of unchanged over ten years.
Over the whole period, time required to start business in Palau peaked at 33 in 2003 and was at its lowest, 24, in 2004.
That places Palau 35th out of 188 countries with data for 2019, putting it in the top quarter.
Time required to start business in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 33 | — |
| 2004 | 24 | -27.3% |
| 2005 | 24 | +0.0% |
| 2006 | 28 | +16.7% |
| 2007 | 28 | +0.0% |
| 2008 | 28 | +0.0% |
| 2009 | 28 | +0.0% |
| 2010 | 28 | +0.0% |
| 2011 | 28 | +0.0% |
| 2012 | 28 | +0.0% |
| 2013 | 28 | +0.0% |
| 2014 | 28 | +0.0% |
| 2015 | 28 | +0.0% |
| 2016 | 28 | +0.0% |
| 2017 | 28 | +0.0% |
| 2018 | 28 | +0.0% |
| 2019 | 28 | +0.0% |
Palau compared with similar countries
- Palau's 28 is above the median for high income countries, which is 8.5, 3.3× the median. (62 countries reporting)
- Palau's 28 is above the median for East Asia & Pacific, which is 12.8, 2.2× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.57 | 24 | 33 | 7 |
| 2010s | 28 | 28 | 28 | 10 |
Countries ranked near Palau
More reference data data for Palau
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Political regime fh 2 (2025)
- Political regime lexical 7 (2025)
- Elections for the governments chief executive 1 (2025)
- Competitive elections lexical 1 (2025)
- Universal suffrage men lexical 1 (2025)
Frequently asked questions
- What is time required to start business in Palau?
- Time required to start business in Palau was 28 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Palau?
- The highest recorded value was 33 in 2003.
- What is the lowest time required to start business recorded in Palau?
- The lowest recorded value was 24 in 2004.
- How does Palau rank for time required to start business?
- Palau ranks 35th out of 188 countries with data for 2019.
- Is time required to start 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 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).