Cape Verde vs Congo: Minimum capital for starting a business
Minimum capital for starting a business over time
- Cape Verde
- Congo
How they compare
Congo currently reports 80.5% against 34.2% in Cape Verde, a difference of 46.3%.
That makes Congo's figure about 2.4 times Cape Verde's.
Across all 8 years both countries report, Congo has been ahead every year.
Cape Verde ranks 20th and Congo ranks 19th of 51 countries.
Congo has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cape Verde | Congo | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 51.8% | 169.3% | 117.5% | Congo |
| 2010s | 38.5% | 99.4% | 60.9% | Congo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher minimum capital for starting a business, Cape Verde or Congo?
- Congo, at 80.5% against 34.2% in Cape Verde as of 2012.
- What is the difference in minimum capital for starting a business between Cape Verde and Congo?
- 46.3%, with Congo ahead.
- How many years of comparable data are there for Cape Verde and Congo?
- 8 years are reported by both, from 2005 to 2012.
- How do Cape Verde and Congo rank globally for minimum capital for starting a business?
- Cape Verde ranks 20th and Congo ranks 19th 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/.