Guinea vs Mali: Minimum capital for starting a business
Minimum capital for starting a business over time
- Guinea
- Mali
How they compare
Mali currently reports 331.9% against 324.7% in Guinea, a difference of 7.2%.
The two have swapped places 5 times across 10 shared years of data; in 2003 it was Guinea ahead.
Guinea ranks 9th and Mali ranks 7th of 51 countries.
Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea | Mali | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6,390.0% | 454.1% | 5,936.0% | Guinea |
| 2010s | 417.0% | 329.0% | 88.0% | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher minimum capital for starting a business, Guinea or Mali?
- Mali, at 331.9% against 324.7% in Guinea as of 2012.
- What is the difference in minimum capital for starting a business between Guinea and Mali?
- 7.2%, with Mali ahead.
- How many years of comparable data are there for Guinea and Mali?
- 10 years are reported by both, from 2003 to 2012.
- How do Guinea and Mali rank globally for minimum capital for starting a business?
- Guinea ranks 9th and Mali ranks 7th 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/.