Time required to start business in Serbia
Serbia: Time required to start business was 7 in 2019. ◆ Volatile
Latest (2019)
7
Change on year
up 27.3%
World rank
140th
of 188 countries
All-time high
56
in 2003
All-time low
5.5
in 2017
Years of data
17
2003–2019
Time required to start business in Serbia, 2003–2019
Source: Our World in Data.
Analysis
In 2019, time required to start business in Serbia stood at 7.
The figure is up 27.3% on the previous year and down 46.2% over ten years.
Over the whole period, time required to start business in Serbia peaked at 56 in 2003 and was at its lowest, 5.5, in 2017.
That places Serbia 140th 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 Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 56 | — |
| 2004 | 56 | +0.0% |
| 2005 | 23 | -58.9% |
| 2006 | 23 | +0.0% |
| 2007 | 23 | +0.0% |
| 2008 | 23 | +0.0% |
| 2009 | 13 | -43.5% |
| 2010 | 13 | +0.0% |
| 2011 | 13 | +0.0% |
| 2012 | 12 | -7.7% |
| 2013 | 12 | +0.0% |
| 2014 | 11.5 | -4.2% |
| 2015 | 11.5 | +0.0% |
| 2016 | 6.5 | -43.5% |
| 2017 | 5.5 | -15.4% |
| 2018 | 5.5 | +0.0% |
| 2019 | 7 | +27.3% |
Serbia compared with similar countries
- Serbia's 7 is below the median for upper middle income countries, which is 12, 58% of the median. (55 countries reporting)
- Serbia's 7 is below the median for Europe & Central Asia, which is 7.25, 97% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31 | 13 | 56 | 7 |
| 2010s | 9.75 | 5.5 | 13 | 10 |
Countries ranked near Serbia
More reference data data for Serbia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.6055 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3321 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.36 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3467 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.36 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.03 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.29 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 15.2 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.89 (2050)
Frequently asked questions
- What is time required to start business in Serbia?
- Time required to start business in Serbia was 7 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Serbia?
- The highest recorded value was 56 in 2003.
- What is the lowest time required to start business recorded in Serbia?
- The lowest recorded value was 5.5 in 2017.
- How does Serbia rank for time required to start business?
- Serbia ranks 140th out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Serbia?
- Over the last ten years it is down 46.2%. The long-run trend across the full record is volatile.
- Where does this Serbia 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).