Minimum capital for starting a business in Guinea
Guinea: Minimum capital for starting a business was 324.7% in 2012. ◆ Volatile
Minimum capital for starting a business in Guinea, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of income per capita.
Analysis
The most recent figure for minimum capital for starting a business in Guinea is 324.7%, measured in 2012. That is the lowest value across all 10 years on record.
That represents a change of down 20.3% on the previous year and down 99.2% over ten years.
Over the whole period, minimum capital for starting a business in Guinea peaked at 41,407.9% in 2003 and was at its lowest, 324.7%, in 2012.
That places Guinea 9th out of 51 countries with data for 2012, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Minimum capital for starting a business in Guinea, year by year
| Year | % of income per capita | Change |
|---|---|---|
| 2003 | 41,407.9% | — |
| 2004 | 450.4% | -98.9% |
| 2005 | 620.0% | +37.7% |
| 2006 | 877.6% | +41.5% |
| 2007 | 401.3% | -54.3% |
| 2008 | 477.6% | +19.0% |
| 2009 | 495.4% | +3.7% |
| 2010 | 519.1% | +4.8% |
| 2011 | 407.3% | -21.5% |
| 2012 | 324.7% | -20.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,390.0% | 401.3% | 41,407.9% | 7 |
| 2010s | 417.0% | 324.7% | 519.1% | 3 |
Countries ranked near Guinea
- 6 Guinea-Bissau 338.0% compare
- 7 Mali 331.9% compare
- 8 Mauritania 327.9% compare
- 10 Chad 289.4% compare
- 11 Sao Tome and Principe 285.8% compare
- 12 Benin 264.5% compare
More private sector data for Guinea
- Merchandise trade 82.7% (2025)
- Food imports 26.6% (2016)
- Manufactures imports 58.5% (2016)
- Merchandise imports 8.34 billion current US$ (2025)
- Food exports 4.3% (2016)
- Manufactures exports 3.7% (2016)
- Merchandise exports 15.10 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,000 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.5328 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 53.34 % change on previous year (2025)
Frequently asked questions
- What is minimum capital for starting a business in Guinea?
- Minimum capital for starting a business in Guinea was 324.7% 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 Guinea?
- The highest recorded value was 41,407.9% in 2003.
- What is the lowest minimum capital for starting a business recorded in Guinea?
- The lowest recorded value was 324.7% in 2012.
- How does Guinea rank for minimum capital for starting a business?
- Guinea ranks 9th out of 51 countries with data for 2012.
- Is minimum capital for starting a business rising or falling in Guinea?
- Over the last ten years it is down 99.2%. The long-run trend across the full record is volatile.
- Where does this Guinea 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.
Download this data
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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/.