Starting a business: Minimum capital in Estonia

Estonia: Starting a business: Minimum capital was 13.1% in 2019. ▼ Falling

Latest (2019)
13.1%
Change on year
down 10.3%
World rank
19th
of 191 countries
All-time high
53.0%
in 2003
All-time low
13.1%
in 2019
Years of data
17
2003–2019

Starting a business: Minimum capital in Estonia, 2003–2019

10203040502003201120192003: 53 % of income per capita2004: 49.7 % of income per capita2005: 41.4 % of income per capita2006: 34.3 % of income per capita2007: 28.1 % of income per capita2008: 23.7 % of income per capita2009: 23.2 % of income per capita2010: 25.7 % of income per capita2011: 24.4 % of income per capita2012: 22.1 % of income per capita2013: 20.6 % of income per capita2014: 18.6 % of income per capita2015: 17.3 % of income per capita2016: 16.4 % of income per capita2017: 16 % of income per capita2018: 14.6 % of income per capita2019: 13.1 % of income per capita

Source: World Bank. Measured in % of income per capita.

Analysis

Estonia recorded 13.1% for starting a business: minimum capital in 2019. That is the lowest value across all 17 years on record.

The figure is down 10.3% on the previous year and down 43.5% over ten years.

Over the whole period, starting a business: minimum capital in Estonia peaked at 53.0% in 2003 and was at its lowest, 13.1%, in 2019.

That places Estonia 19th out of 191 countries with data for 2019, putting it in the top 10%.

The long-run direction has been consistently falling across the 17 years of available data.

Starting a business: Minimum capital in Estonia, year by year

Annual values for Starting a business: Minimum capital (% of income per capita) in Estonia, 2003 to 2019.
Year % of income per capita Change
2003 53.0%
2004 49.7% -6.2%
2005 41.4% -16.7%
2006 34.3% -17.1%
2007 28.1% -18.1%
2008 23.7% -15.7%
2009 23.2% -2.1%
2010 25.7% +10.8%
2011 24.4% -5.1%
2012 22.1% -9.4%
2013 20.6% -6.8%
2014 18.6% -9.7%
2015 17.3% -7.0%
2016 16.4% -5.2%
2017 16.0% -2.4%
2018 14.6% -8.8%
2019 13.1% -10.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 36.2% 23.2% 53.0% 7
2010s 18.9% 13.1% 25.7% 10

Countries ranked near Estonia

  1. 16 Lithuania 16.0% compare
  2. 17 Slovakia 15.4% compare
  3. 18 Iraq 14.6% compare
  4. 20 Cameroon 12.0% compare
  5. 21 Kiribati 11.9% compare
  6. 22 Spain 11.6% compare

See the full ranking of 191 places →

More private sector data for Estonia

All data for Estonia →

Frequently asked questions

What is starting a business: minimum capital in Estonia?
Starting a business: minimum capital in Estonia was 13.1% in 2019, according to the World Bank.
What is the highest starting a business: minimum capital recorded in Estonia?
The highest recorded value was 53.0% in 2003.
What is the lowest starting a business: minimum capital recorded in Estonia?
The lowest recorded value was 13.1% in 2019.
How does Estonia rank for starting a business: minimum capital?
Estonia ranks 19th out of 191 countries with data for 2019.
Is starting a business: minimum capital rising or falling in Estonia?
Over the last ten years it is down 43.5%. The long-run trend across the full record is falling.
Where does this Estonia data come from?
The figures come from the World Bank, published as part of Starting a business: Minimum capital (% of income per capita). Statizoid updates them automatically from the source API.

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Starting a business: Minimum capital in Estonia. Statizoid. Retrieved 09 September 2026, from https://private-sector.statizoid.com/stat/starting-a-business-minimum-capital-percent-of-income-per-capita/estonia/

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About this data

Indicator
Starting a business: Minimum capital (% of income per capita)
Unit
% of income per capita
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 3,247 data points, 2003–2019
Last refreshed

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.