Hungary vs Libya: Starting a business: Minimum capital
Starting a business: Minimum capital over time
- Hungary
- Libya
How they compare
Hungary currently reports 36.2% against 30.0% in Libya, a difference of 6.2%.
That makes Hungary's figure about 1.2 times Libya's.
The two have swapped places 4 times across 17 shared years of data; in 2003 it was Hungary ahead.
Hungary ranks 6th and Libya ranks 9th of 191 countries.
Libya has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hungary | Libya | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 60.4% | 85.1% | 24.7% | Libya |
| 2010s | 30.6% | 32.0% | 1.4% | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher starting a business: minimum capital, Hungary or Libya?
- Hungary, at 36.2% against 30.0% in Libya as of 2019.
- What is the difference in starting a business: minimum capital between Hungary and Libya?
- 6.2%, with Hungary ahead.
- How many years of comparable data are there for Hungary and Libya?
- 17 years are reported by both, from 2003 to 2019.
- How do Hungary and Libya rank globally for starting a business: minimum capital?
- Hungary ranks 6th and Libya ranks 9th 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.