Sub-Saharan Africa excluding South Africa vs Togo: Minimum capital for starting a business
Minimum capital for starting a business over time
- Sub-Saharan Africa excluding South Africa
- Togo
How they compare
Togo currently reports 365.6% against 118.6% in Sub-Saharan Africa excluding South Africa, a difference of 247.0%.
That makes Togo's figure about 3.1 times Sub-Saharan Africa excluding South Africa's.
The two have swapped places 1 time across 10 shared years of data; in 2003 it was Sub-Saharan Africa excluding South Africa ahead.
Sub-Saharan Africa excluding South Africa ranks 2nd and Togo ranks 4th of 6 groups.
Togo has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Sub-Saharan Africa excluding South Africa | Togo | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 387.6% | 515.7% | 128.1% | Togo |
| 2010s | 133.4% | 445.7% | 312.3% | Togo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher minimum capital for starting a business, Sub-Saharan Africa excluding South Africa or Togo?
- Togo, at 365.6% against 118.6% in Sub-Saharan Africa excluding South Africa as of 2012.
- What is the difference in minimum capital for starting a business between Sub-Saharan Africa excluding South Africa and Togo?
- 247.0%, with Togo ahead.
- How many years of comparable data are there for Sub-Saharan Africa excluding South Africa and Togo?
- 10 years are reported by both, from 2003 to 2012.
- How do Sub-Saharan Africa excluding South Africa and Togo rank globally for minimum capital for starting a business?
- Sub-Saharan Africa excluding South Africa ranks 2nd and Togo ranks 4th of 6 groups.
- 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/.