Luxembourg vs Slovakia: Starting a business: Minimum capital
Starting a business: Minimum capital over time
- Luxembourg
- Slovakia
How they compare
Luxembourg currently reports 17.2% against 15.4% in Slovakia, a difference of 1.8%.
That makes Luxembourg's figure about 1.1 times Slovakia's.
The two have swapped places 3 times across 17 shared years of data; in 2003 it was Slovakia ahead.
Luxembourg ranks 14th and Slovakia ranks 17th of 191 countries.
Across the 2 decades both report, Luxembourg averaged higher in 1 and Slovakia in 1.
Head to head by decade
| Decade | Luxembourg | Slovakia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 22.7% | 37.8% | 15.2% | Slovakia |
| 2010s | 20.5% | 18.8% | 1.7% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher starting a business: minimum capital, Luxembourg or Slovakia?
- Luxembourg, at 17.2% against 15.4% in Slovakia as of 2019.
- What is the difference in starting a business: minimum capital between Luxembourg and Slovakia?
- 1.8%, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and Slovakia?
- 17 years are reported by both, from 2003 to 2019.
- How do Luxembourg and Slovakia rank globally for starting a business: minimum capital?
- Luxembourg ranks 14th and Slovakia ranks 17th 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.