Starting a business: Minimum capital (% of income per capita) by country
The paid-in minimum capital requirement re?ects the amount that the entrepreneur needs to deposit in a bank or with a third-party before registration or up to three months after incorporation. It is calculated as percentage of income per capita. Any legal limitation of the company’s operations or decisions related...
What the numbers show
Starting a business: Minimum capital (% of income per capita) is currently reported for 122 countries. The highest value is 179.6% in Sao Tome and Principe; the lowest is 0.0% in Kosovo (UNSCR 1244).
The median across all reporting countries is 0.0%, and the mean is 8.2%.
Over the past decade 4 countries rose and 96 fell. The largest increase was in Sao Tome and Principe (up 89,700.0%), and the largest decrease in Angola (down 100.0%).
Starting a business: Minimum capital: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Sao Tome and Principe | 179.6% | 2019 | up 89,700.0% | volatile |
| 2 | Eritrea | 93.6% | 2019 | down 68.5% | volatile |
| 3 | Syrian Arab Republic | 88.3% | 2019 | down 91.3% | volatile |
| 4 | Cambodia | 70.2% | 2019 | down 52.0% | volatile |
| 5 | Lebanon | 41.5% | 2019 | down 18.6% | falling |
| 6 | Hungary | 36.2% | 2019 | up 254.9% | volatile |
| 7 | Central African Republic | 35.2% | 2019 | down 93.1% | falling |
| 8 | Slovenia | 34.3% | 2019 | down 20.8% | rising |
| 9 | Libya | 30.0% | 2019 | up 6.4% | volatile |
| 10 | Germany | 29.8% | 2019 | down 27.0% | falling |
| 11 | Chad | 25.3% | 2019 | down 93.1% | volatile |
| 12 | Switzerland | 24.6% | 2019 | down 6.8% | rising |
| 13 | Equatorial Guinea | 22.8% | 2019 | up 83.9% | volatile |
| 14 | Comoros | 17.2% | 2019 | down 93.4% | volatile |
| 14 | Luxembourg | 17.2% | 2019 | down 13.6% | falling |
| 16 | Lithuania | 16.0% | 2019 | down 48.6% | volatile |
| 17 | Slovakia | 15.4% | 2019 | down 35.3% | falling |
| 18 | Iraq | 14.6% | 2019 | down 51.8% | volatile |
| 19 | Estonia | 13.1% | 2019 | down 43.5% | falling |
| 20 | Cameroon | 12.0% | 2019 | down 93.4% | falling |
| 21 | Kiribati | 11.9% | 2019 | down 42.0% | falling |
| 22 | Spain | 11.6% | 2019 | down 9.4% | falling |
| 23 | Austria | 11.5% | 2019 | down 77.9% | volatile |
| 24 | Niger | 11.3% | 2019 | down 98.2% | volatile |
| 25 | Haiti | 11.0% | 2019 | down 44.4% | falling |
| 26 | Sweden | 10.5% | 2019 | down 63.2% | volatile |
| 27 | Bosnia and Herzegovina | 10.2% | 2019 | down 65.8% | volatile |
| 27 | Denmark | 10.2% | 2019 | down 73.6% | falling |
| 29 | Poland | 9.3% | 2019 | down 39.2% | volatile |
| 30 | Iceland | 7.4% | 2019 | down 53.2% | falling |
| 31 | Togo | 6.7% | 2019 | down 98.7% | volatile |
| 32 | Burkina Faso | 6.3% | 2019 | down 98.5% | volatile |
| 33 | Finland | 5.9% | 2019 | down 18.1% | volatile |
| 33 | Palau | 5.9% | 2019 | down 49.1% | falling |
| 35 | Guinea-Bissau | 5.8% | 2019 | down 98.6% | volatile |
| 36 | Croatia | 5.5% | 2019 | down 59.0% | falling |
| 37 | Guinea | 5.3% | 2019 | down 98.9% | volatile |
| 38 | Mali | 5.2% | 2019 | down 98.4% | volatile |
| 39 | Benin | 5.0% | 2019 | down 98.3% | volatile |
| 40 | Congo, Democratic Republic of the | 4.6% | 2019 | — | volatile |
| 41 | Norway | 4.3% | 2019 | down 77.0% | volatile |
| 42 | Senegal | 3.0% | 2019 | down 98.5% | volatile |
| 43 | Bahrain | 2.9% | 2019 | down 98.5% | volatile |
| 44 | Côte d'Ivoire | 2.7% | 2019 | down 98.7% | volatile |
| 45 | El Salvador | 2.6% | 2019 | down 10.3% | volatile |
| 46 | Gabon | 2.4% | 2019 | down 90.9% | volatile |
| 47 | Congo | 2.3% | 2019 | down 97.6% | volatile |
| 48 | Maldives | 1.4% | 2019 | down 65.0% | volatile |
| 49 | Ghana | 1.0% | 2019 | down 92.5% | volatile |
| 49 | Malta | 1.0% | 2019 | down 37.5% | rising |
| 51 | Guatemala | 0.6% | 2019 | down 97.4% | falling |
| 52 | Romania | 0.4% | 2019 | down 55.6% | volatile |
| 53 | Timor-Leste | 0.3% | 2019 | down 99.9% | volatile |
| 54 | Eswatini | 0.2% | 2019 | down 60.0% | falling |
| 55 | Dominican Republic | 0.1% | 2019 | — | volatile |
| 55 | Jordan | 0.1% | 2019 | down 99.5% | volatile |
| 57 | Angola | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Albania | 0.0% | 2019 | — | volatile |
| 57 | United Arab Emirates | 0.0% | 2019 | — | volatile |
| 57 | Argentina | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Armenia | 0.0% | 2019 | — | volatile |
| 57 | Belgium | 0.0% | 2019 | down 100.0% | falling |
| 57 | Bulgaria | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Belarus | 0.0% | 2019 | — | volatile |
| 57 | Belize | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Barbados | 0.0% | 2019 | — | volatile |
| 57 | China | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Cape Verde | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Czechia | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Djibouti | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Algeria | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Ecuador | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Egypt | 0.0% | 2019 | — | volatile |
| 57 | Ethiopia | 0.0% | 2019 | down 100.0% | volatile |
| 57 | France | 0.0% | 2019 | — | volatile |
| 57 | Micronesia, Federated States of | 0.0% | 2019 | — | volatile |
| 57 | Georgia | 0.0% | 2019 | — | volatile |
| 57 | Greece | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Honduras | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Indonesia | 0.0% | 2019 | down 100.0% | volatile |
| 57 | India | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Italy | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Japan | 0.0% | 2019 | — | volatile |
| 57 | Kazakhstan | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Kyrgyzstan | 0.0% | 2019 | — | volatile |
| 57 | Republic of Korea | 0.0% | 2019 | — | volatile |
| 57 | Kuwait | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Lao People's Democratic Republic | 0.0% | 2019 | — | volatile |
| 57 | Lesotho | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Latvia | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Morocco | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Republic of Moldova | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Madagascar | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Mexico | 0.0% | 2019 | down 100.0% | volatile |
| 57 | North Macedonia | 0.0% | 2019 | — | volatile |
| 57 | Myanmar | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Mongolia | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Mozambique | 0.0% | 2019 | — | volatile |
| 57 | Mauritania | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Netherlands | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Oman | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Philippines | 0.0% | 2019 | down 100.0% | falling |
| 57 | Portugal | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Palestine, State of | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Qatar | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Russian Federation | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Saudi Arabia | 0.0% | 2019 | — | volatile |
| 57 | Sierra Leone | 0.0% | 2019 | down 100.0% | volatile |
| 57 | San Marino | 0.0% | 2019 | down 100.0% | rising |
| 57 | Serbia | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Suriname | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Tajikistan | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Tunisia | 0.0% | 2019 | — | volatile |
| 57 | Türkiye | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Ukraine | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Uruguay | 0.0% | 2019 | — | volatile |
| 57 | Uzbekistan | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Kosovo | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Yemen | 0.0% | 2019 | — | volatile |
| 57 | Zambia | 0.0% | 2019 | down 100.0% | volatile |
| 57 | Taiwan, China | 0.0% | 2019 | — | volatile |
| 57 | Kosovo (UNSCR 1244) | 0.0% | 2019 | down 100.0% | volatile |
About this data
The paid-in minimum capital requirement re?ects the amount that the entrepreneur needs to deposit in a bank or with a third-party before registration or up to three months after incorporation. It is calculated as percentage of income per capita. Any legal limitation of the company’s operations or decisions related to the payment of the minimum capital requirement is recorded. In case the legal minimum capital is provided per share, it is assumed 5 shareholders own the company and the legal minimum capital is multiplied by 5 shares. If an economy requires a minimum capital but allows businesses to pay only a part of it before registration, only this part is recorded.