Time required to start a business in Slovakia

Slovakia: Time required to start a business was 21.5 days in 2019. ◆ Volatile

Latest (2019)
21.5 days
Change on year
down 18.9%
World rank
46th
of 188 countries
All-time high
113 days
in 2003
All-time low
21.5 days
in 2019
Years of data
17
2003–2019

Time required to start a business in Slovakia, 2003–2019

204060801001202003201120192003: 113 days2004: 62 days2005: 37 days2006: 37 days2007: 37 days2008: 28.5 days2009: 28.5 days2010: 28.5 days2011: 28.5 days2012: 28.5 days2013: 33.5 days2014: 26.5 days2015: 26.5 days2016: 26.5 days2017: 26.5 days2018: 26.5 days2019: 21.5 days

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 44 Nepal 22.5 days compare
  2. 45 Central African Republic 22 days compare
  3. 46 Eswatini 21.5 days compare
  4. 48 Austria 21 days compare

See the full ranking of 188 places →

More reference data data for Slovakia

All data for Slovakia →

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.

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About this data

Indicator
Time required to start a business
Unit
days
Source
Doing Business project, World Bank (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed

Number of calendar days needed to complete the procedures to legally operate a business.