World Bank · Private Sector

Iceland: Time required to start a business

11.50days · 2019+130.0% since 2009

Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen. Annual figures for Iceland from 2004 to 2019.

20042019

Every year

YearValue (days)Note
201911.5
201811.5
201711.5
201611.5
201512
201412
20134.5
20124.5
20114.5
20105
20095
20085
20075
20065
20055
20045

Source

Published by World Bank. Licence: CC BY 4.0. Retrieved 2026-11-07.

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Cite or download

World Bank (2026). Time required to start a business. Interva. https://interva.co/dataset/worldbank-time-required-to-start-a-business (accessed 2026-11-08). catalog snapshot 2026-11-07.

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Iceland: Time required to start a business (2004–2019) · Interva