Which has higher minimum capital for starting a business, Eritrea or Senegal?

Eritrea, at 203.1% against 192.3% in Senegal as of 2012.

How many years of comparable data are there for Eritrea and Senegal?

10 years are reported by both, from 2003 to 2012.

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.

Eritrea vs Senegal: Minimum capital for starting a business

Eritrea

203.1%

in 2012

Senegal

192.3%

in 2012

Eritrea rank

15th

Senegal rank

16th

Minimum capital for starting a business over time

Eritrea
Senegal

How they compare

Eritrea currently reports 203.1% against 192.3% in Senegal, a difference of 10.8%.

That makes Eritrea's figure about 1.1 times Senegal's.

Across all 10 years both countries report, Eritrea has been ahead every year.

Eritrea ranks 15th and Senegal ranks 16th of 51 countries.

Eritrea has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Eritrea	Senegal	Difference	Ahead
2000s	507.7%	256.0%	251.8%	Eritrea
2010s	238.2%	200.1%	38.0%	Eritrea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher minimum capital for starting a business, Eritrea or Senegal?: Eritrea, at 203.1% against 192.3% in Senegal as of 2012.
What is the difference in minimum capital for starting a business between Eritrea and Senegal?: 10.8%, with Eritrea ahead.
How many years of comparable data are there for Eritrea and Senegal?: 10 years are reported by both, from 2003 to 2012.
How do Eritrea and Senegal rank globally for minimum capital for starting a business?: Eritrea ranks 15th 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.

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Eritrea vs Senegal: Minimum capital for starting a business. Statizoid, drawing on World Bank, Doing Business project (http://www.doingbusiness.org/). Retrieved 11 September 2026, from https://private-sector.statizoid.com/compare/minimum-capital-for-starting-a-business-percent-of-income-per-capita/eritrea/senegal/

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<a href="https://private-sector.statizoid.com/compare/minimum-capital-for-starting-a-business-percent-of-income-per-capita/eritrea/senegal/">Eritrea vs Senegal: Minimum capital for starting a business</a> — Statizoid

About this data

Indicator: Minimum capital for starting a business (% of income per capita)
Unit: % of income per capita
Source: World Bank, Doing Business project (http://www.doingbusiness.org/)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 57 places, 548 data points, 2003–2012
Last refreshed: 04 September 2026

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/.