Time required to start a business in Thailand

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

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

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

102030402003201120192003: 35 days2004: 35 days2005: 35 days2006: 35 days2007: 35 days2008: 35 days2009: 34 days2010: 34 days2011: 32 days2012: 31 days2013: 31 days2014: 31 days2015: 31 days2016: 29 days2017: 6 days2018: 6 days2019: 6 days

Source: Doing Business project, World Bank (2025) – processed by Our World in Data. Measured in days.

Analysis

In 2019, time required to start a business in Thailand stood at 6 days. 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 a business in Thailand peaked at 35 days in 2003 and was at its lowest, 6 days, 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.

Averages by decade

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

Countries ranked near Thailand

  1. 147 Portugal 6.5 days compare
  2. 147 Ukraine 6.5 days compare
  3. 147 Uruguay 6.5 days compare
  4. 150 Cote d'Ivoire 6 days compare
  5. 150 Cyprus 6 days compare
  6. 150 Mauritania 6 days compare
  7. 150 Panama 6 days compare
  8. 150 Senegal 6 days 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 a business in Thailand?
Time required to start a business in Thailand was 6 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 Thailand?
The highest recorded value was 35 days in 2003.
What is the lowest time required to start a business recorded in Thailand?
The lowest recorded value was 6 days in 2017.
How does Thailand rank for time required to start a business?
Thailand ranks 150th out of 188 countries with data for 2019.
Is time required to start a 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 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

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.