Minimum capital for starting a business in Senegal
Senegal: Minimum capital for starting a business was 192.3% in 2012. ▼ Falling
Minimum capital for starting a business in Senegal, 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 Senegal is 192.3%, measured in 2012. That is the lowest value across all 10 years on record.
Compared with earlier readings it is down 5.3% on the previous year and down 34.4% over ten years.
Over the whole period, minimum capital for starting a business in Senegal peaked at 293.2% in 2003 and was at its lowest, 192.3%, in 2012.
Senegal ranks 16th of 51 countries on this measure, in the middle of the range.
Minimum capital for starting a business in Senegal, year by year
| Year | % of income per capita | Change |
|---|---|---|
| 2003 | 293.2% | — |
| 2004 | 270.4% | -7.8% |
| 2005 | 260.4% | -3.7% |
| 2006 | 269.6% | +3.5% |
| 2007 | 255.0% | -5.4% |
| 2008 | 236.2% | -7.4% |
| 2009 | 206.9% | -12.4% |
| 2010 | 205.1% | -0.9% |
| 2011 | 203.0% | -1.0% |
| 2012 | 192.3% | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 256.0% | 206.9% | 293.2% | 7 |
| 2010s | 200.1% | 192.3% | 205.1% | 3 |
Countries ranked near Senegal
More private sector data for Senegal
- Merchandise trade 60.0% (2025)
- Food imports 19.0% (2024)
- Manufactures imports 46.4% (2024)
- Merchandise imports 11.95 billion current US$ (2025)
- Food exports 21.6% (2024)
- Manufactures exports 22.3% (2024)
- Merchandise exports 10.24 billion current US$ (2025)
- Merchandise exports (current US$), per capita 541.04 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2768 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 62.33 % change on previous year (2025)
Frequently asked questions
- What is minimum capital for starting a business in Senegal?
- Minimum capital for starting a business in Senegal was 192.3% 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 Senegal?
- The highest recorded value was 293.2% in 2003.
- What is the lowest minimum capital for starting a business recorded in Senegal?
- The lowest recorded value was 192.3% in 2012.
- How does Senegal rank for minimum capital for starting a business?
- Senegal ranks 16th out of 51 countries with data for 2012.
- Is minimum capital for starting a business rising or falling in Senegal?
- Over the last ten years it is down 34.4%. The long-run trend across the full record is falling.
- Where does this Senegal 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/.