Comoros vs Senegal: Minimum capital for starting a business
Minimum capital for starting a business over time
- Comoros
- Senegal
How they compare
Comoros currently reports 261.9% against 192.3% in Senegal, a difference of 69.6%.
That makes Comoros's figure about 1.4 times Senegal's.
The two have swapped places 1 time across 8 shared years of data; in 2005 it was Senegal ahead.
Comoros ranks 13th and Senegal ranks 16th of 51 countries.
Comoros has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Comoros | Senegal | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 274.7% | 245.6% | 29.1% | Comoros |
| 2010s | 253.4% | 200.1% | 53.3% | Comoros |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher minimum capital for starting a business, Comoros or Senegal?
- Comoros, at 261.9% against 192.3% in Senegal as of 2012.
- What is the difference in minimum capital for starting a business between Comoros and Senegal?
- 69.6%, with Comoros ahead.
- How many years of comparable data are there for Comoros and Senegal?
- 8 years are reported by both, from 2005 to 2012.
- How do Comoros and Senegal rank globally for minimum capital for starting a business?
- Comoros ranks 13th and Senegal ranks 16th 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/.