Algeria vs Cape Verde: Minimum capital for starting a business
Minimum capital for starting a business over time
- Algeria
- Cape Verde
How they compare
Cape Verde currently reports 34.2% against 27.2% in Algeria, a difference of 7.0%.
That makes Cape Verde's figure about 1.3 times Algeria's.
Across all 8 years both countries report, Cape Verde has been ahead every year.
Algeria ranks 21st and Cape Verde ranks 20th of 51 countries.
Cape Verde has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Algeria | Cape Verde | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 42.8% | 51.8% | 9.0% | Cape Verde |
| 2010s | 30.7% | 38.5% | 7.8% | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher minimum capital for starting a business, Algeria or Cape Verde?
- Cape Verde, at 34.2% against 27.2% in Algeria as of 2012.
- What is the difference in minimum capital for starting a business between Algeria and Cape Verde?
- 7.0%, with Cape Verde ahead.
- How many years of comparable data are there for Algeria and Cape Verde?
- 8 years are reported by both, from 2005 to 2012.
- How do Algeria and Cape Verde rank globally for minimum capital for starting a business?
- Algeria ranks 21st and Cape Verde ranks 20th of 51 countries.
- Where does this data come from?
- World Bank, Doing Business project (http://www.doingbusiness.org/), published as Minimum capital for starting a business (% of income per capita). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The paid-in minimum capital requirement reflects the amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the country’s income per capita. The amount is typically specified in the commercial code or the company law. Many countries have a minimum capital requirement but allow businesses to pay only a part of it before registration, with the rest to be paid after the first year of operation. For more information, visit http://www.doingbusiness.org/MethodologySurveys/.