Minimum capital for starting a business in Africa
Africa: Minimum capital for starting a business was 112.7% in 2012. ◆ Volatile
Minimum capital for starting a business in Africa, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of income per capita.
Analysis
Africa recorded 112.7% for minimum capital for starting a business in 2012. That is the lowest value across all 10 years on record.
The figure is down 10.9% on the previous year and down 91.5% over ten years.
Over the whole period, minimum capital for starting a business in Africa peaked at 1,321.2% in 2003 and was at its lowest, 112.7%, in 2012.
The series is highly variable year to year, so single readings are best treated with caution.
Minimum capital for starting a business in Africa, year by year
| Year | % of income per capita | Change |
|---|---|---|
| 2003 | 1,321.2% | — |
| 2004 | 267.5% | -79.8% |
| 2005 | 295.0% | +10.3% |
| 2006 | 214.2% | -27.4% |
| 2007 | 180.3% | -15.8% |
| 2008 | 167.4% | -7.1% |
| 2009 | 138.2% | -17.5% |
| 2010 | 140.8% | +1.9% |
| 2011 | 126.4% | -10.2% |
| 2012 | 112.7% | -10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 369.1% | 138.2% | 1,321.2% | 7 |
| 2010s | 126.6% | 112.7% | 140.8% | 3 |
Countries ranked near Africa
- 2 Central African Republic 444.1% compare
- 3 Djibouti 383.6% compare
- 4 Togo 365.6% compare
- 5 Burkina Faso 353.9% compare
- 6 Guinea-Bissau 338.0% compare
- 7 Mali 331.9% compare
- 8 Mauritania 327.9% compare
More private sector data for Africa
- Enforcing contracts, cost 47.7% (2012)
- Getting credit, legal rights index 5.45 (2012)
- Cost of registering property 9.1% (2012)
- Closing a business, cost 21.8% (2012)
- Closing a business, time 3.32 years (2012)
- Closing a business, recovery rate 23.52 cents on the dollar (2012)
- Protecting investors, director liability index 3.65 (2012)
- Protecting investors, investor protection index 4.55 (2012)
- Protecting investors, shareholder suits index 4.94 (2012)
- Dealing with construction permits, cost 730.2% (2012)
Frequently asked questions
- What is minimum capital for starting a business in Africa?
- Minimum capital for starting a business in Africa was 112.7% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest minimum capital for starting a business recorded in Africa?
- The highest recorded value was 1,321.2% in 2003.
- What is the lowest minimum capital for starting a business recorded in Africa?
- The lowest recorded value was 112.7% in 2012.
- How does Africa rank for minimum capital for starting a business?
- Africa ranks 5th out of 6 groups with data for 2012.
- Is minimum capital for starting a business rising or falling in Africa?
- Over the last ten years it is down 91.5%. The long-run trend across the full record is volatile.
- Where does this Africa data come from?
- The figures come from World Bank, Doing Business project (http://www.doingbusiness.org/), published as part of Minimum capital for starting a business (% of income per capita). Statizoid updates them automatically from the source API.
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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/.