Esat Erkec takes us through SET STATISTICS TIME ON:
The SET STATISTICS TIME ON statement returns a text report and this report includes how long it is taken by the query compilation and execution time of a query. To enable this option for any query we need to execute the SET STATISTICS TIME ON command before the execution of the query so that the execution time report will appear in the message of the query result panel until we turn off this option. All values of the report are shown in milliseconds type and its syntax like as below:
Read on to see how you can use it, as well as things to keep in mind as you do.