Time required to start business in Thailand

Thailand: Time required to start business was 6 in 2019. ▼ Falling

Latest (2019)
6
Change on year
unchanged
World rank
150th
of 188 countries
All-time high
35
in 2003
All-time low
6
in 2017
Years of data
17
2003–2019

Time required to start business in Thailand, 2003–2019

102030402003201120192003: 352004: 352005: 352006: 352007: 352008: 352009: 342010: 342011: 322012: 312013: 312014: 312015: 312016: 292017: 62018: 62019: 6

Source: Our World in Data.

Analysis

In 2019, time required to start business in Thailand stood at 6. That is the lowest value across all 17 years on record.

That represents a change of down 82.4% over ten years.

Over the whole period, time required to start business in Thailand peaked at 35 in 2003 and was at its lowest, 6, in 2017.

That places Thailand 150th out of 188 countries with data for 2019, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Time required to start business in Thailand, year by year

Annual values for Time required to start business in Thailand, 2003 to 2019.
Year Value Change
2003 35 —
2004 35 +0.0%
2005 35 +0.0%
2006 35 +0.0%
2007 35 +0.0%
2008 35 +0.0%
2009 34 -2.9%
2010 34 +0.0%
2011 32 -5.9%
2012 31 -3.1%
2013 31 +0.0%
2014 31 +0.0%
2015 31 +0.0%
2016 29 -6.5%
2017 6 -79.3%
2018 6 +0.0%
2019 6 +0.0%

Thailand compared with similar countries

  • Thailand's 6 is below the median for upper middle income countries, which is 12, 50% of the median. (55 countries reporting)
  • Thailand's 6 is below the median for East Asia & Pacific, which is 12.8, 47% of the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 34.86 34 35 7
2010s 23.7 6 34 10

Countries ranked near Thailand

  1. 147 Portugal 6.5 compare
  2. 147 Ukraine 6.5 compare
  3. 147 Uruguay 6.5 compare
  4. 150 Cote d'Ivoire 6 compare
  5. 150 Cyprus 6 compare
  6. 150 Mauritania 6 compare
  7. 150 Panama 6 compare
  8. 150 Senegal 6 compare

See the full ranking of 188 places →

More reference data data for Thailand

All data for Thailand →

Frequently asked questions

What is time required to start business in Thailand?
Time required to start business in Thailand was 6 in 2019, according to Our World in Data.
What is the highest time required to start business recorded in Thailand?
The highest recorded value was 35 in 2003.
What is the lowest time required to start business recorded in Thailand?
The lowest recorded value was 6 in 2017.
How does Thailand rank for time required to start business?
Thailand ranks 150th out of 188 countries with data for 2019.
Is time required to start business rising or falling in Thailand?
Over the last ten years it is down 82.4%. The long-run trend across the full record is falling.
Where does this Thailand 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.

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Time required to start business in Thailand. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/time-required-to-start-business/thailand/

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About this data

Indicator
Time required to start business
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 2,945 data points, 2003–2019
Last refreshed