Benin BJ: Time Required to Start a Business

2003 - 2019 | Yearly | Day | World Bank

Benin BJ: Time Required to Start a Business data was reported at 8.500 Day in 2019. This stayed constant from the previous number of 8.500 Day for 2018. Benin BJ: Time Required to Start a Business data is updated yearly, averaging 32.500 Day from Dec 2003 (Median) to 2019, with 17 observations. The data reached an all-time high of 35.500 Day in 2003 and a record low of 8.500 Day in 2019. Benin BJ: Time Required to Start a Business data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Benin – Table BJ.World Bank.WDI: Company Statistics. 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.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.

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Benin Benin BJ: Time Required to Start a Business

What was Benin's Benin BJ: Time Required to Start a Business in 2019?

Last	Previous	Min	Max	Unit	Frequency	Range
8.500 2019	8.500 2018	8.500 2019	35.500 2003	Day	yearly	2003 - 2019

Related Indicators for Benin BJ: Time Required to Start a Business

Related indicators	Last	Frequency	Range
Benin BJ: Time Required to Start a Business (Day)	8.500 2019	yearly	2003 - 2019
Benin BJ: Firms Competing Against Unregistered Firms: % of Firms (%)	66.800 2016	yearly	2009 - 2016
Benin BJ: Firm with Female Top Manager: % of Firms (%)	25.900 2016	yearly	2009 - 2016
Benin BJ: Average Time to Clear Exports Through Customs (Day)	17.900 2016	yearly	2009 - 2016
Benin BJ: Cost to Exports: USD per Container (USD)	1,052.000 2014	yearly	2005 - 2014
Benin BJ: Firms using Banks to Finance Investment: % of Firms (%)	12.000 2016	yearly	2009 - 2016
Benin BJ: Informal Payments to Public Officials: % of Firms (%)	33.400 2016	yearly	2009 - 2016
Benin BJ: Losses Due To Theft and Vandalism: % of Annual Sales for Affected Firm... (%)	3.100 2016	yearly	2009 - 2016
Benin BJ: Time Required to Obtain an Operating License (Day)	30.700 2009	yearly	2009 - 2009
Benin BJ: Firms with Female Participation in Ownership: % of Firms (%)	36.700 2016	yearly	2009 - 2016
Benin BJ: Firms Formally Registered When Operations Started: % of Firms (%)	90.600 2016	yearly	2009 - 2016
Benin BJ: Value Lost Due to Electrical Outages: % of Sales for Affected Firms (%)	9.400 2016	yearly	2009 - 2016
Benin BJ: Firms Offering Formal Training: % of Firms (%)	20.000 2016	yearly	2009 - 2016
Benin BJ: Time Spent Dealing with the Requirements of Government Regulations: % ... (%)	5.700 2016	yearly	2009 - 2016
Benin BJ: Time to Resolve Insolvency (Year)	4.000 2019	yearly	2003 - 2019
Benin BJ: Time Required to Enforce a Contract (Day)	595.000 2019	yearly	2003 - 2019
Benin BJ: Time Required to Register Property (Day)	120.000 2019	yearly	2004 - 2019
Benin BJ: Procedures to Register Property (Number)	4.000 2019	yearly	2004 - 2019
Benin BJ: Cost of Business Start-Up Procedures: % of GNI per Capita (%)	3.500 2019	yearly	2003 - 2019
Benin BJ: Start-Up Procedures to Register a Business (Number)	6.000 2019	yearly	2003 - 2019
Benin BJ: Time to Prepare and Pay Taxes (Hour)	270.000 2019	yearly	2005 - 2019
Benin BJ: Number of Visits or Required Meetings with Tax Officials: Average for ... (NA)	1.600 2016	yearly	2009 - 2016
Benin BJ: Tax Payments (Number)	54.000 2019	yearly	2005 - 2019
Benin BJ: Total Tax Rate: % of Profit (%)	48.900 2019	yearly	2005 - 2019
Benin BJ: Time Required to Build a Warehouse (Day)	88.000 2019	yearly	2005 - 2019
Benin BJ: Procedures to Build a Warehouse (Number)	14.000 2019	yearly	2005 - 2019
Benin BJ: Time Required to Get Electricity (Day)	90.000 2019	yearly	2009 - 2019
Benin BJ: Firms using Banks to Finance Working Capital: % of Firms (%)	26.000 2016	yearly	2009 - 2016
Benin BJ: Bribery Incidence: % of Firms Experiencing at Least One Bribe Payment ... (%)	14.500 2016	yearly	2009 - 2016
Benin BJ: Cost of Business Start-Up Procedures: % of GNI Per Capita: Female (%)	3.500 2019	yearly	2003 - 2019
Benin BJ: Cost of Business Start-Up Procedures: % of GNI Per Capita: Male (%)	3.400 2019	yearly	2003 - 2019
Benin BJ: Time Required to Start a Business: Female (Day)	9.000 2019	yearly	2003 - 2019
Benin BJ: Time Required to Start a Business: Male (Day)	8.000 2019	yearly	2003 - 2019
Benin BJ: Start-Up Procedures to Register a Business: Female (Number)	6.000 2019	yearly	2003 - 2019
Benin BJ: Start-Up Procedures to Register a Business: Male (Number)	5.000 2019	yearly	2003 - 2019
Benin BJ: Firms That Spend On R&D: % of Firms (%)	25.700 2016	yearly	2016 - 2016
Benin BJ: Firms Experiencing Losses Due To Theft and Vandalism: % of Firms (%)	9.400 2016	yearly	2009 - 2016
Benin BJ: Firms Visited or Required Meetings with Tax Officials: % of Firms (%)	60.900 2016	yearly	2009 - 2016

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Benin Key Series

National Accounts	Last	Frequency	Range
Forecast: GDP PPP Per Capita (PPP Intl $)	5,464.500 2027	yearly	1980 - 2027
Forecast: Nominal GDP Per Capita (USD)	1,739.020 2027	yearly	1980 - 2027
Forecast: Real GDP Growth (%)	5.934 2028	yearly	1980 - 2028

Government and Public Finance	Last	Frequency	Range
Forecast: Government Expenditure (XOF bn)	3,898.638 2029	yearly	1989 - 2029
Forecast: Government Net Debt (XOF bn)	9,409.372 2029	yearly	1998 - 2029
Forecast: Government Revenue (XOF bn)	3,337.730 2029	yearly	1989 - 2029

Demographic and Labour Market	Last	Frequency	Range
Forecast: Population (Person mn)	16.018 2028	yearly	1980 - 2028
Forecast: Unemployment Rate (%)	0.000	yearly	-

Inflation	Last	Frequency	Range
Forecast: Consumer Price Index Growth (%)	2.000 2028	yearly	1980 - 2028

Balance of Payments	Last	Frequency	Range
Forecast: Current Account Balance (USD bn)	-1.412 2029	yearly	1980 - 2029

More Indicators for Benin

Indicators	Last	Frequency	Range
Benin BJ: Agricultural Nitrous Oxide Emissions: % of Total (%)	62.594 2008	yearly	1970 - 2008
Benin BJ: Nitrous Oxide Emissions: Thousand Metric Tons of CO2 Equivalent (Metric Ton th)	3,007.645 2020	yearly	1990 - 2020
Benin BJ: Bird Species: Threatened (Unit)	12.000 2018	yearly	2018 - 2018
Benin BJ: Fish Species: Threatened (Unit)	40.000 2018	yearly	2018 - 2018
Benin BJ: Plant Species: Higher: Threatened (Unit)	20.000 2018	yearly	2018 - 2018
Benin BJ: Mammal Species: Threatened (Unit)	13.000 2018	yearly	2018 - 2018
Benin BJ: Population Density: People per Square Km (Person/sq km)	115.262 2021	yearly	1961 - 2021
Benin BJ: Pump Price for Diesel Fuel: USD per Liter (USD)	0.720 2016	yearly	1991 - 2016
Benin BJ: Foreign Assets: Net (XOF mn)	1,734,068.260 2023	yearly	1962 - 2023
Benin BJ: Interest Rate Spread (% pa)	0.950 2021	yearly	2005 - 2021
Benin BJ: Real Interest Rate (% pa)	4.558 2021	yearly	2005 - 2021
Benin BJ: Domestic Credit: Provided by Financial Sector: % of GDP (%)	19.587 2018	yearly	1962 - 2018
Benin BJ: Domestic Credit: to Private Sector: % of GDP (%)	18.608 2023	yearly	1960 - 2023
Benin BJ: Grants and Other Revenue (XOF mn)	84,300.000 2013	yearly	2001 - 2013
Benin BJ: Grants and Other Revenue: % of Revenue (%)	10.498 2013	yearly	2001 - 2013
Benin BJ: Social Contributions (XOF mn)	22,800.000 2013	yearly	2001 - 2013
Benin BJ: Social Contributions: % of Revenue (%)	2.839 2013	yearly	2001 - 2013
Benin BJ: Revenue Excluding Grants (XOF mn)	757,100.000 2013	yearly	2001 - 2013
Benin BJ: Revenue Excluding Grants: % of GDP (%)	16.735 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Taxes on Exports (XOF mn)	800.000 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue (%)	0.115 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Taxes on Goods and Services (XOF mn)	349,900.000 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue (%)	43.574 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Adde... (%)	11.316 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Customs and Other Import Duties (XOF mn)	193,200.000 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax... (%)	27.759 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Taxes on International Trade (XOF mn)	194,300.000 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenu... (%)	24.197 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Other Taxes (XOF mn)	17,500.000 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Other Taxes: % of Revenue (%)	2.179 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Tax Revenue (XOF mn)	696,000.000 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Tax Revenue: % of GDP (%)	15.384 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gain... (XOF mn)	134,300.000 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gain... (%)	16.725 2013	yearly	2001 - 2013
Benin BJ: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gain... (%)	19.296 2013	yearly	2001 - 2013
Benin BJ: Expenditure: Compensation of Employees (XOF mn)	296,200.000 2013	yearly	2001 - 2013
Benin BJ: Expenditure: Compensation of Employees: % of Expenditure (%)	51.290 2013	yearly	2001 - 2013
Benin BJ: Expenditure: Goods and Services Expenditure (XOF mn)	106,100.000 2013	yearly	2001 - 2013
Benin BJ: Expenditure: Goods and Services Expenditure: % of Expenditure (%)	18.372 2013	yearly	2001 - 2013
Benin BJ: Expenditure: Interest Payments (XOF mn)	19,900.000 2013	yearly	2001 - 2013
Benin BJ: Expenditure: Interest Payments: % of Revenue (%)	2.478 2013	yearly	2001 - 2013
Benin BJ: Expenditure: Interest Payments: % of Expenditure (%)	3.446 2013	yearly	2001 - 2013
Benin BJ: Expenditure: Other Expenditure (XOF mn)	13,700.000 2013	yearly	2001 - 2013
Benin BJ: Expenditure: Other Expenditure: % of GDP (%)	2.372 2013	yearly	2001 - 2013
Benin BJ: Expenditure (XOF mn)	577,500.000 2013	yearly	2001 - 2013
Benin BJ: Expenditure: % of GDP (%)	12.765 2013	yearly	2001 - 2013
Benin BJ: Expenditure: Subsidies and Other Transfers (XOF mn)	141,500.000 2013	yearly	2001 - 2013
Benin BJ: Expenditure: Subsidies and Other Transfers: % of Expenditure (%)	24.502 2013	yearly	2001 - 2013
Benin BJ: Business Extent of Disclosure Index (NA)	7.000 2019	yearly	2005 - 2019
Benin BJ: Depth of Credit Information Index: 0=Low To 8=High (NA)	0.000 2019	yearly	2013 - 2019
Benin BJ: Private Credit Bureau Coverage: % of Adults (%)	1.300 2019	yearly	2004 - 2019
Benin BJ: Public Credit Registry Coverage: % of Adults (%)	0.000 2019	yearly	2004 - 2019
Benin BJ: Average Time to Clear Exports Through Customs (Day)	17.900 2016	yearly	2009 - 2016
Benin BJ: Cost to Exports: USD per Container (USD)	1,052.000 2014	yearly	2005 - 2014
Benin BJ: Exports: Number of Documents (Number)	8.000 2014	yearly	2005 - 2014
Benin BJ: Exports: Lead Time (Day)	25.000 2014	yearly	2005 - 2014
Benin BJ: Firms using Banks to Finance Investment: % of Firms (%)	12.000 2016	yearly	2009 - 2016
Benin BJ: Informal Payments to Public Officials: % of Firms (%)	33.400 2016	yearly	2009 - 2016
Benin BJ: Losses Due To Theft and Vandalism: % of Annual Sales for Affected Firm... (%)	3.100 2016	yearly	2009 - 2016
Benin BJ: Time Required to Obtain an Operating License (Day)	30.700 2009	yearly	2009 - 2009
Benin BJ: Firms with Female Participation in Ownership: % of Firms (%)	36.700 2016	yearly	2009 - 2016
Benin BJ: Firms Formally Registered When Operations Started: % of Firms (%)	90.600 2016	yearly	2009 - 2016
Benin BJ: Value Lost Due to Electrical Outages: % of Sales for Affected Firms (%)	9.400 2016	yearly	2009 - 2016
Benin BJ: Firms Offering Formal Training: % of Firms (%)	20.000 2016	yearly	2009 - 2016
Benin BJ: Time Spent Dealing with the Requirements of Government Regulations: % ... (%)	5.700 2016	yearly	2009 - 2016
Benin BJ: Cost to Imports: USD per Container (USD)	1,487.000 2014	yearly	2005 - 2014
Benin BJ: Imports: Number of Documents (Number)	9.000 2014	yearly	2005 - 2014
Benin BJ: Imports: Lead Time (Day)	25.000 2014	yearly	2005 - 2014
Benin BJ: Time to Resolve Insolvency (Year)	4.000 2019	yearly	2003 - 2019
Benin BJ: Time Required to Enforce a Contract (Day)	595.000 2019	yearly	2003 - 2019
Benin BJ: Time Required to Register Property (Day)	120.000 2019	yearly	2004 - 2019
Benin BJ: Procedures to Register Property (Number)	4.000 2019	yearly	2004 - 2019
Benin BJ: Cost of Business Start-Up Procedures: % of GNI per Capita (%)	3.500 2019	yearly	2003 - 2019
Benin BJ: Start-Up Procedures to Register a Business (Number)	6.000 2019	yearly	2003 - 2019
Benin BJ: Time to Prepare and Pay Taxes (Hour)	270.000 2019	yearly	2005 - 2019
Benin BJ: Number of Visits or Required Meetings with Tax Officials: Average for ... (NA)	1.600 2016	yearly	2009 - 2016
Benin BJ: Tax Payments (Number)	54.000 2019	yearly	2005 - 2019
Benin BJ: Total Tax Rate: % of Profit (%)	48.900 2019	yearly	2005 - 2019
Benin BJ: Time Required to Build a Warehouse (Day)	88.000 2019	yearly	2005 - 2019
Benin BJ: Procedures to Build a Warehouse (Number)	14.000 2019	yearly	2005 - 2019
Benin BJ: Investment with Private Participation: Telecoms (USD mn)	51.00 2014	yearly	2000 - 2014
Benin BJ: Scientific and Technical Journal Articles (Unit)	290.500 2020	yearly	1996 - 2020
Benin BJ: CPIA: Business Regulatory Environment Rating: 1=Low To 6=High (NA)	4.000 2023	yearly	2005 - 2023
Benin BJ: CPIA: Debt Policy Rating: 1=Low To 6=High (NA)	4.500 2023	yearly	2005 - 2023
Benin BJ: CPIA: Economic Management Cluster Average: 1=Low To 6=High (NA)	4.167 2023	yearly	2005 - 2023
Benin BJ: CPIA: Policy and Institutions For Environmental Sustainability Rating:... (NA)	3.500 2023	yearly	2005 - 2023
Benin BJ: CPIA: Quality of Budgetary and Financial Management Rating: 1=Low To 6... (NA)	4.000 2023	yearly	2005 - 2023
Benin BJ: CPIA: Financial Sector Rating: 1=Low To 6=High (NA)	3.000 2023	yearly	2005 - 2023
Benin BJ: CPIA: Fiscal Policy Rating: 1=Low To 6=High (NA)	4.000 2023	yearly	2005 - 2023
Benin BJ: CPIA: Gender Equality Rating: 1=Low To 6=High (NA)	4.000 2023	yearly	2005 - 2023
Benin BJ: Country Policy and Institutional Assessment (CPIA): Building Human Res... (NA)	4.500 2023	yearly	2005 - 2023
Benin BJ: International Development Association: Resource Allocation Index: 1=Lo... (NA)	3.900 2023	yearly	2005 - 2023
Benin BJ: CPIA: Macroeconomic Management Rating: 1=Low To 6=High (NA)	4.000 2023	yearly	2005 - 2023
Benin BJ: CPIA: Quality of Public Administration Rating: 1=Low To 6=High (NA)	3.500 2023	yearly	2005 - 2023
Benin BJ: CPIA: Equity of Public Resource Use Rating: 1=Low To 6=High (NA)	4.000 2023	yearly	2005 - 2023
Benin BJ: CPIA: Property Rights and Rule-Based Governance Rating: 1=Low To 6=Hig... (NA)	3.500 2023	yearly	2005 - 2023
Benin BJ: CPIA: Social Protection Rating: 1=Low To 6=High (NA)	3.500 2023	yearly	2005 - 2023
Benin BJ: CPIA: Public Sector Management and Institutions Cluster Average: 1=Low... (NA)	3.700 2023	yearly	2005 - 2023
Benin BJ: CPIA: Efficiency of Revenue Mobilization Rating: 1=Low To 6=High (NA)	4.000 2023	yearly	2005 - 2023
Benin BJ: CPIA: Policies for Social Inclusion/Equity Cluster Average: 1=Low To 6... (NA)	3.900 2023	yearly	2005 - 2023

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