What is the difference in starting a business: minimum capital between Bosnia and Herzegovina and Iceland?

2.8%, with Bosnia and Herzegovina ahead.

How many years of comparable data are there for Bosnia and Herzegovina and Iceland?

17 years are reported by both, from 2003 to 2019.

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.

Bosnia and Herzegovina vs Iceland: Starting a business: Minimum capital

Bosnia and Herzegovina

10.2%

in 2019

Iceland

7.4%

in 2019

Bosnia and Herzegovina rank

27th

Iceland rank

30th

Starting a business: Minimum capital over time

Bosnia and Herzegovina
Iceland

How they compare

Bosnia and Herzegovina currently reports 10.2% against 7.4% in Iceland, a difference of 2.8%.

That makes Bosnia and Herzegovina's figure about 1.4 times Iceland's.

Across all 17 years both countries report, Bosnia and Herzegovina has been ahead every year.

Bosnia and Herzegovina ranks 27th and Iceland ranks 30th of 191 countries.

Bosnia and Herzegovina has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade	Bosnia and Herzegovina	Iceland	Difference	Ahead
2000s	50.2%	16.3%	33.9%	Bosnia and Herzegovina
2010s	22.1%	9.3%	12.9%	Bosnia and Herzegovina

Averages of every year both report within each decade.

Frequently asked questions

Which has higher starting a business: minimum capital, Bosnia and Herzegovina or Iceland?: Bosnia and Herzegovina, at 10.2% against 7.4% in Iceland as of 2019.
What is the difference in starting a business: minimum capital between Bosnia and Herzegovina and Iceland?: 2.8%, with Bosnia and Herzegovina ahead.
How many years of comparable data are there for Bosnia and Herzegovina and Iceland?: 17 years are reported by both, from 2003 to 2019.
How do Bosnia and Herzegovina and Iceland rank globally for starting a business: minimum capital?: Bosnia and Herzegovina ranks 27th and Iceland ranks 30th 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.

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Bosnia and Herzegovina vs Iceland: Starting a business: Minimum capital. Statizoid. Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/starting-a-business-minimum-capital-percent-of-income-per-capita/bosnia-and-herzegovina/iceland/

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About this data

Indicator: Starting a business: Minimum capital (% of income per capita)
Unit: % of income per capita
Source: World Bank
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 191 places, 3,247 data points, 2003–2019
Last refreshed: 07 September 2026

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.