Minimum capital for starting a business in Sub-Saharan Africa excluding South Africa and Nigeria
Sub-Saharan Africa excluding South Africa and Nigeria: Minimum capital for starting a business was 121.3% in 2012. ◆ Volatile
Minimum capital for starting a business in Sub-Saharan Africa excluding South Africa and Nigeria, 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 Sub-Saharan Africa excluding South Africa and Nigeria stood at 121.3%. That is the lowest value across all 10 years on record.
Compared with earlier readings it is down 10.6% on the previous year and down 91.9% over ten years.
Over the whole period, minimum capital for starting a business in Sub-Saharan Africa excluding South Africa and Nigeria peaked at 1,494.5% in 2003 and was at its lowest, 121.3%, 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 Sub-Saharan Africa excluding South Africa and Nigeria, year by year
| Year | % of income per capita | Change |
|---|---|---|
| 2003 | 1,494.5% | — |
| 2004 | 258.3% | -82.7% |
| 2005 | 293.6% | +13.7% |
| 2006 | 216.3% | -26.3% |
| 2007 | 194.7% | -10.0% |
| 2008 | 181.2% | -6.9% |
| 2009 | 147.8% | -18.4% |
| 2010 | 152.2% | +3.0% |
| 2011 | 135.7% | -10.9% |
| 2012 | 121.3% | -10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 398.0% | 147.8% | 1,494.5% | 7 |
| 2010s | 136.4% | 121.3% | 152.2% | 3 |
Countries ranked near Sub-Saharan Africa excluding South Africa and Nigeria
More private sector data for Sub-Saharan Africa excluding South Africa and Nigeria
- Enforcing contracts, cost 50.9% (2012)
- Getting credit, legal rights index 5.59 (2012)
- Cost of registering property 9.2% (2012)
- Closing a business, time 3.43 years (2012)
- Closing a business, cost 22.9% (2012)
- Closing a business, recovery rate 21.94 cents on the dollar (2012)
- Protecting investors, director liability index 3.43 (2012)
- Protecting investors, investor protection index 4.42 (2012)
- Protecting investors, shareholder suits index 4.95 (2012)
- Dealing with construction permits, cost 776.1% (2012)
All data for Sub-Saharan Africa excluding South Africa and Nigeria →
Frequently asked questions
- What is minimum capital for starting a business in Sub-Saharan Africa excluding South Africa and Nigeria?
- Minimum capital for starting a business in Sub-Saharan Africa excluding South Africa and Nigeria was 121.3% 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 Sub-Saharan Africa excluding South Africa and Nigeria?
- The highest recorded value was 1,494.5% in 2003.
- What is the lowest minimum capital for starting a business recorded in Sub-Saharan Africa excluding South Africa and Nigeria?
- The lowest recorded value was 121.3% in 2012.
- How does Sub-Saharan Africa excluding South Africa and Nigeria rank for minimum capital for starting a business?
- Sub-Saharan Africa excluding South Africa and Nigeria ranks 1st out of 6 groups with data for 2012.
- Is minimum capital for starting a business rising or falling in Sub-Saharan Africa excluding South Africa and Nigeria?
- Over the last ten years it is down 91.9%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa excluding South Africa and Nigeria 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/.