Benin vs Guinea: Starting a business: Minimum capital
Starting a business: Minimum capital over time
- Benin
- Guinea
How they compare
Guinea currently reports 5.3% against 5.0% in Benin, a difference of 0.3%.
That makes Guinea's figure about 1.1 times Benin's.
Across all 17 years both countries report, Guinea has been ahead every year.
Benin ranks 39th and Guinea ranks 37th of 191 countries.
Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Benin | Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 340.0% | 533.8% | 193.8% | Guinea |
| 2010s | 112.5% | 202.8% | 90.3% | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher starting a business: minimum capital, Benin or Guinea?
- Guinea, at 5.3% against 5.0% in Benin as of 2019.
- What is the difference in starting a business: minimum capital between Benin and Guinea?
- 0.3%, with Guinea ahead.
- How many years of comparable data are there for Benin and Guinea?
- 17 years are reported by both, from 2003 to 2019.
- How do Benin and Guinea rank globally for starting a business: minimum capital?
- Benin ranks 39th and Guinea ranks 37th of 191 countries.
- Where does this data come from?
- The World Bank, published as Starting a business: Minimum capital (% 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 re?ects the amount that the entrepreneur needs to deposit in a bank or with a third-party before registration or up to three months after incorporation. It is calculated as percentage of income per capita. Any legal limitation of the company’s operations or decisions related to the payment of the minimum capital requirement is recorded. In case the legal minimum capital is provided per share, it is assumed 5 shareholders own the company and the legal minimum capital is multiplied by 5 shares. If an economy requires a minimum capital but allows businesses to pay only a part of it before registration, only this part is recorded.