Get execution time of PostgreSQL query

DECLARE @StartTime datetime,@EndTime datetime

SELECT @StartTime=GETDATE()

select distinct born_on.name
from   born_on,died_on
where (FLOOR(('2012-01-30'-born_on.DOB)/365.25) <= (
    select max(FLOOR((died_on.DOD - born_on.DOB)/365.25))
    from   died_on, born_on
    where (died_on.name=born_on.name))
    )
and   (born_on.name <> All(select name from died_on))

SELECT @EndTime=GETDATE()

SELECT DATEDIFF(ms,@StartTime,@EndTime) AS [Duration in millisecs]

I am unable to get the query time. Instead I get the following error:

sql:/home/an/Desktop/dbms/query.sql:9: ERROR:  syntax error at or near "@"
LINE 1: DECLARE @StartTime datetime,@EndTime datetime

If you mean in psql, rather than some program you are writing, use \? for the help, and see:

\timing [on|off]       toggle timing of commands (currently off)

And then you get output like:

# \timing on
Timing is on.

# select 1234;        
 ?column? 
----------
     1234
(1 row)

Time: 0.203 ms

There are various ways to measure execution time, each has pros and cons. But whatever you do, some degree of the observer effect applies. I.e., measuring itself may distort the result.

1. EXPLAIN ANALYZE

You can prepend EXPLAIN ANALYZE, which reports the whole query plan with estimated costs actually measured times. The query is actually executed (with all side -effect, if any!). Works for SELECT, INSERT, UPDATE, DELETE.

Check whether my adapted version of your query is, in fact, faster:

EXPLAIN ANALYZE
SELECT DISTINCT born_on.name
FROM   born_on b
WHERE  date '2012-01-30' - b.dob <= (
    SELECT max(d1.dod - b1.dob)
    FROM   born_on b1
    JOIN   died_on d1 USING (name)  -- name must be unique!
    )
AND NOT EXISTS (
    SELECT FROM died_on d2
    WHERE  d2.name = b.name
    );

Execute a couple of times to get more comparable times with warm cache. Several options are available to adjust the level of detail.

While mainly interested in total execution time, make it:

EXPLAIN (ANALYZE, COSTS OFF, TIMING OFF)

Mostly, TIMING matters - the manual:

TIMING

Include actual startup time and time spent in each node in the output. The overhead of repeatedly reading the system clock can slow down the query significantly on some systems, so it may be useful to set this parameter to FALSE when only actual row counts, and not exact times, are needed. Run time of the entire statement is always measured, even when node-level timing is turned off with this option. [...]

EXPLAIN ANALYZE measures on the server, using server time from the server OS, excluding network latency. But EXPLAIN adds some overhead to also output the query plan.

2. psql with \timing

Or use \timing in psql. Like Peter demonstrates.

The manual:

\timing [ on | off ]

With a parameter, turns displaying of how long each SQL statement takes on or off. Without a parameter, toggles the display between on and off. The display is in milliseconds; intervals longer than 1 second are also shown in minutes:seconds format, with hours and days fields added if needed.

Important difference: psql measures on the client using local time from the local OS, so the time includes network latency. This can be a negligible difference or huge depending on connection and volume of returned data.

3. Enable log_duration

This has probably the least overhead per measurement and produces the least distorted timings. But it's a little heavy-handed as you have to be superuser, have to adjust the server configuration, cannot just target the execution of a single query, and you have to read the server logs (unless you redirect to stdout).

The manual:

log_duration (boolean)

Causes the duration of every completed statement to be logged. The default is off. Only superusers can change this setting.

For clients using extended query protocol, durations of the Parse, Bind, and Execute steps are logged independently.

There are related settings like log_min_duration_statement.

4. Precise manual measurement with clock_timestamp()

The manual:

clock_timestamp() returns the actual current time, and therefore its value changes even within a single SQL command.

filiprem provided a great way to get execution times for ad-hoc queries as exact as possible. On modern hardware, timing overhead should be insignificant but depending on the host OS it can vary wildly. Find out with the server application pg_test_timing.
Else you can mostly filter the overhead like this:

DO
$do$
DECLARE
   _timing1  timestamptz;
   _start_ts timestamptz;
   _end_ts   timestamptz;
   _overhead numeric;     -- in ms
   _timing   numeric;     -- in ms
BEGIN
   _timing1  := clock_timestamp();
   _start_ts := clock_timestamp();
   _end_ts   := clock_timestamp();
   -- take minimum duration as conservative estimate
   _overhead := 1000 * extract(epoch FROM LEAST(_start_ts - _timing1
                                              , _end_ts   - _start_ts));

   _start_ts := clock_timestamp();
   PERFORM 1;  -- your query here, replacing the outer SELECT with PERFORM
   _end_ts   := clock_timestamp();
   
-- RAISE NOTICE 'Timing overhead in ms = %', _overhead;
   RAISE NOTICE 'Execution time in ms = %' , 1000 * (extract(epoch FROM _end_ts - _start_ts)) - _overhead;
END
$do$;

Take the time repeatedly (doing the bare minimum with 3 timestamps here) and pick the minimum interval as conservative estimate for timing overhead. Also, executing the function clock_timestamp() a couple of times should warm it up (in case that matters for your OS).

After measuring the execution time of the payload query, subtract that estimated overhead to get closer to the actual time.

Of course, it's more meaningful for cheap queries to loop 100000 times or execute it on a table with 100000 rows if you can, to make distracting noise insignificant.