Minimum capital for starting a business in Madagascar
Madagascar: Minimum capital for starting a business was 0.0% in 2012. ◆ Volatile
Minimum capital for starting a business in Madagascar, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of income per capita.
Analysis
In 2012, minimum capital for starting a business in Madagascar stood at 0.0%. That is the lowest value across all 10 years on record.
The figure is down 100.0% over ten years.
Over the whole period, minimum capital for starting a business in Madagascar peaked at 2,157.9% in 2005 and was at its lowest, 0.0%, in 2011.
Madagascar ranks 27th of 51 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Minimum capital for starting a business in Madagascar, year by year
| Year | % of income per capita | Change |
|---|---|---|
| 2003 | 27.8% | — |
| 2004 | 25.4% | -8.6% |
| 2005 | 2,157.9% | +8395.7% |
| 2006 | 373.1% | -82.7% |
| 2007 | 333.4% | -10.6% |
| 2008 | 289.8% | -13.1% |
| 2009 | 207.4% | -28.4% |
| 2010 | 248.1% | +19.6% |
| 2011 | 0.0% | -100.0% |
| 2012 | 0.0% | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 487.8% | 25.4% | 2,157.9% | 7 |
| 2010s | 82.7% | 0.0% | 248.1% | 3 |
Countries ranked near Madagascar
- 24 Equatorial Guinea 11.7% compare
- 25 Ghana 4.3% compare
- 26 Eswatini 0.4% compare
- 27 Botswana 0.0%
- 27 Burundi 0.0%
- 27 Congo, Democratic Republic of the 0.0%
- 27 Egypt 0.0% compare
- 27 Gambia 0.0%
- 27 Kenya 0.0%
- 27 Lesotho 0.0% compare
- 27 Liberia 0.0%
- 27 Malawi 0.0%
- 27 Mauritius 0.0%
- 27 Morocco 0.0% compare
- 27 Mozambique 0.0% compare
- 27 Namibia 0.0%
- 27 Nigeria 0.0%
- 27 Rwanda 0.0%
- 27 Seychelles 0.0%
- 27 Sierra Leone 0.0%
- 27 South Africa 0.0%
- 27 Sudan 0.0%
- 27 Tanzania, United Republic of 0.0%
- 27 Tunisia 0.0% compare
- 27 Uganda 0.0%
- 27 Zambia 0.0% compare
- 27 Zimbabwe 0.0%
More private sector data for Madagascar
- Merchandise trade 39.4% (2025)
- Food imports 18.4% (2024)
- Manufactures imports 58.9% (2024)
- Merchandise imports 5.24 billion current US$ (2025)
- Food exports 30.5% (2024)
- Manufactures exports 32.3% (2024)
- Merchandise exports 2.50 billion current US$ (2025)
- Merchandise exports (current US$), per capita 76.3 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1273 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -3.25 % change on previous year (2025)
Frequently asked questions
- What is minimum capital for starting a business in Madagascar?
- Minimum capital for starting a business in Madagascar was 0.0% 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 Madagascar?
- The highest recorded value was 2,157.9% in 2005.
- What is the lowest minimum capital for starting a business recorded in Madagascar?
- The lowest recorded value was 0.0% in 2011.
- How does Madagascar rank for minimum capital for starting a business?
- Madagascar ranks 27th out of 51 countries with data for 2012.
- Is minimum capital for starting a business rising or falling in Madagascar?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Madagascar 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
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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/.