Cameroon vs Eritrea: Minimum capital for starting a business
Minimum capital for starting a business over time
- Cameroon
- Eritrea
How they compare
Eritrea currently reports 203.1% against 168.3% in Cameroon, a difference of 34.8%.
That makes Eritrea's figure about 1.2 times Cameroon's.
Across all 10 years both countries report, Eritrea has been ahead every year.
Cameroon ranks 18th and Eritrea ranks 15th of 51 countries.
Eritrea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cameroon | Eritrea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 204.2% | 507.7% | 303.6% | Eritrea |
| 2010s | 181.0% | 238.2% | 57.2% | Eritrea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher minimum capital for starting a business, Cameroon or Eritrea?
- Eritrea, at 203.1% against 168.3% in Cameroon as of 2012.
- What is the difference in minimum capital for starting a business between Cameroon and Eritrea?
- 34.8%, with Eritrea ahead.
- How many years of comparable data are there for Cameroon and Eritrea?
- 10 years are reported by both, from 2003 to 2012.
- How do Cameroon and Eritrea rank globally for minimum capital for starting a business?
- Cameroon ranks 18th and Eritrea ranks 15th 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/.