Time required to start a business in Ukraine

Ukraine: Time required to start a business was 6.5 days in 2019. ▼ Falling

Latest (2019)
6.5 days
Change on year
unchanged
World rank
147th
of 188 countries
All-time high
41 days
in 2003
All-time low
6.5 days
in 2016
Years of data
17
2003–2019

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

102030402003201120192003: 41 days2004: 35 days2005: 35 days2006: 34 days2007: 28 days2008: 28 days2009: 28 days2010: 28 days2011: 25 days2012: 23 days2013: 22 days2014: 22 days2015: 8 days2016: 6.5 days2017: 6.5 days2018: 6.5 days2019: 6.5 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 Ukraine is 6.5 days, measured in 2019. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 76.8% over ten years.

Over the whole period, time required to start a business in Ukraine peaked at 41 days in 2003 and was at its lowest, 6.5 days, in 2016.

That places Ukraine 147th 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 32.71 days 28 days 41 days 7
2010s 15.4 days 6.5 days 28 days 10

Countries ranked near Ukraine

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

See the full ranking of 188 places →

More reference data data for Ukraine

All data for Ukraine →

Frequently asked questions

What is time required to start a business in Ukraine?
Time required to start a business in Ukraine was 6.5 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 Ukraine?
The highest recorded value was 41 days in 2003.
What is the lowest time required to start a business recorded in Ukraine?
The lowest recorded value was 6.5 days in 2016.
How does Ukraine rank for time required to start a business?
Ukraine ranks 147th out of 188 countries with data for 2019.
Is time required to start a business rising or falling in Ukraine?
Over the last ten years it is down 76.8%. The long-run trend across the full record is falling.
Where does this Ukraine 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.