Time required to start a business in Slovakia
Slovakia: Time required to start a business was 21.5 days in 2019. ◆ Volatile
Time required to start a business in Slovakia, 2003–2019
Source: Doing Business project, World Bank (2025) – processed by Our World in Data. Measured in days.
Analysis
The most recent figure for time required to start a business in Slovakia is 21.5 days, measured in 2019. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 18.9% on the previous year and down 24.6% over ten years.
Over the whole period, time required to start a business in Slovakia peaked at 113 days in 2003 and was at its lowest, 21.5 days, in 2019.
That places Slovakia 46th out of 188 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Time required to start a business in Slovakia, year by year
| Year | days | Change |
|---|---|---|
| 2003 | 113 days | — |
| 2004 | 62 days | -45.1% |
| 2005 | 37 days | -40.3% |
| 2006 | 37 days | +0.0% |
| 2007 | 37 days | +0.0% |
| 2008 | 28.5 days | -23.0% |
| 2009 | 28.5 days | +0.0% |
| 2010 | 28.5 days | +0.0% |
| 2011 | 28.5 days | +0.0% |
| 2012 | 28.5 days | +0.0% |
| 2013 | 33.5 days | +17.5% |
| 2014 | 26.5 days | -20.9% |
| 2015 | 26.5 days | +0.0% |
| 2016 | 26.5 days | +0.0% |
| 2017 | 26.5 days | +0.0% |
| 2018 | 26.5 days | +0.0% |
| 2019 | 21.5 days | -18.9% |
Slovakia compared with similar countries
- Slovakia's 21.5 days is above the median for high income countries, which is 8.5 days, 2.5× the median. (62 countries reporting)
- Slovakia's 21.5 days is above the median for Europe & Central Asia, which is 7.25 days, 3.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49 days | 28.5 days | 113 days | 7 |
| 2010s | 27.3 days | 21.5 days | 33.5 days | 10 |
Countries ranked near Slovakia
More reference data data for Slovakia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2166 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.064 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.8538 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1453 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.8538 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.7263 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.46 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.296 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 4.04 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.7911 (2050)
Frequently asked questions
- What is time required to start a business in Slovakia?
- Time required to start a business in Slovakia was 21.5 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 Slovakia?
- The highest recorded value was 113 days in 2003.
- What is the lowest time required to start a business recorded in Slovakia?
- The lowest recorded value was 21.5 days in 2019.
- How does Slovakia rank for time required to start a business?
- Slovakia ranks 46th out of 188 countries with data for 2019.
- Is time required to start a business rising or falling in Slovakia?
- Over the last ten years it is down 24.6%. The long-run trend across the full record is volatile.
- Where does this Slovakia 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.