Time required to start business in Romania
Romania: Time required to start business was 20 in 2019. ◆ Volatile
Time required to start business in Romania, 2003–2019
Source: Our World in Data.
Analysis
The most recent figure for time required to start business in Romania is 20, measured in 2019.
That represents a change of down 42.9% on the previous year and up 150.0% over ten years.
Over the whole period, time required to start business in Romania peaked at 35 in 2018 and was at its lowest, 8, in 2007.
That places Romania 50th out of 188 countries with data for 2019, putting it 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 Romania, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 29 | — |
| 2004 | 28 | -3.4% |
| 2005 | 11 | -60.7% |
| 2006 | 11 | +0.0% |
| 2007 | 8 | -27.3% |
| 2008 | 8 | +0.0% |
| 2009 | 8 | +0.0% |
| 2010 | 8 | +0.0% |
| 2011 | 12 | +50.0% |
| 2012 | 8 | -33.3% |
| 2013 | 8 | +0.0% |
| 2014 | 8 | +0.0% |
| 2015 | 8 | +0.0% |
| 2016 | 12 | +50.0% |
| 2017 | 12 | +0.0% |
| 2018 | 35 | +191.7% |
| 2019 | 20 | -42.9% |
Romania compared with similar countries
- Romania's 20 is above the median for high income countries, which is 8.5, 2.4× the median. (62 countries reporting)
- Romania's 20 is above the median for Europe & Central Asia, which is 7.25, 2.8× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Time required to start business in Romania changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +191.7% | 12 | 35 |
| 2005 | -60.7% | 28 | 11 |
| 2011 | +50.0% | 8 | 12 |
| 2016 | +50.0% | 8 | 12 |
| 2019 | -42.9% | 35 | 20 |
| 2012 | -33.3% | 12 | 8 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.71 | 8 | 29 | 7 |
| 2010s | 13.1 | 8 | 35 | 10 |
Countries ranked near Romania
More reference data data for Romania
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.5 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.03 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.59 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.689 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.59 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.04 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.02 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.93 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 21.54 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 3.75 (2050)
Frequently asked questions
- What is time required to start business in Romania?
- Time required to start business in Romania was 20 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Romania?
- The highest recorded value was 35 in 2018.
- What is the lowest time required to start business recorded in Romania?
- The lowest recorded value was 8 in 2007.
- How does Romania rank for time required to start business?
- Romania ranks 50th out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Romania?
- Over the last ten years it is up 150.0%. The long-run trend across the full record is volatile.
- Where does this Romania 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).