Guinea vs Sao Tome and Principe: Minimum capital for starting a business
Minimum capital for starting a business over time
- Guinea
- Sao Tome and Principe
How they compare
Guinea currently reports 324.7% against 285.8% in Sao Tome and Principe, a difference of 38.9%.
That makes Guinea's figure about 1.1 times Sao Tome and Principe's.
Across all 10 years both countries report, Guinea has been ahead every year.
Guinea ranks 9th and Sao Tome and Principe ranks 11th of 51 countries.
Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea | Sao Tome and Principe | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6,390.0% | 0.0% | 6,390.0% | Guinea |
| 2010s | 417.0% | 335.8% | 81.2% | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher minimum capital for starting a business, Guinea or Sao Tome and Principe?
- Guinea, at 324.7% against 285.8% in Sao Tome and Principe as of 2012.
- What is the difference in minimum capital for starting a business between Guinea and Sao Tome and Principe?
- 38.9%, with Guinea ahead.
- How many years of comparable data are there for Guinea and Sao Tome and Principe?
- 10 years are reported by both, from 2003 to 2012.
- How do Guinea and Sao Tome and Principe rank globally for minimum capital for starting a business?
- Guinea ranks 9th and Sao Tome and Principe ranks 11th 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/.