Starting a business: Minimum capital in Guinea
Guinea: Starting a business: Minimum capital was 5.3% in 2019. ◆ Volatile
Starting a business: Minimum capital in Guinea, 2003–2019
Source: World Bank. Measured in % of income per capita.
Analysis
The most recent figure for starting a business: minimum capital in Guinea is 5.3%, measured in 2019. That is the lowest value across all 17 years on record.
The figure is down 1.9% on the previous year and down 98.9% over ten years.
Over the whole period, starting a business: minimum capital in Guinea peaked at 877.6% in 2006 and was at its lowest, 5.3%, in 2019.
That places Guinea 37th out of 191 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Starting a business: Minimum capital in Guinea, year by year
| Year | % of income per capita | Change |
|---|---|---|
| 2003 | 414.1% | — |
| 2004 | 450.4% | +8.8% |
| 2005 | 620.0% | +37.7% |
| 2006 | 877.6% | +41.5% |
| 2007 | 401.3% | -54.3% |
| 2008 | 477.6% | +19.0% |
| 2009 | 495.4% | +3.7% |
| 2010 | 519.1% | +4.8% |
| 2011 | 407.3% | -21.5% |
| 2012 | 324.7% | -20.3% |
| 2013 | 313.8% | -3.4% |
| 2014 | 416.0% | +32.6% |
| 2015 | 13.9% | -96.7% |
| 2016 | 13.6% | -2.2% |
| 2017 | 8.9% | -34.6% |
| 2018 | 5.4% | -39.3% |
| 2019 | 5.3% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 533.8% | 401.3% | 877.6% | 7 |
| 2010s | 202.8% | 5.3% | 519.1% | 10 |
Countries ranked near Guinea
- 35 Guinea-Bissau 5.8% compare
- 36 Croatia 5.5% compare
- 38 Mali 5.2% compare
- 39 Benin 5.0% compare
- 40 Congo, Democratic Republic of the 4.6% compare
More private sector data for Guinea
- Merchandise trade 82.7% (2025)
- Food imports 26.6% (2016)
- Manufactures imports 58.5% (2016)
- Merchandise imports 8.34 billion current US$ (2025)
- Food exports 4.3% (2016)
- Manufactures exports 3.7% (2016)
- Merchandise exports 15.10 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,000 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.5328 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 53.34 % change on previous year (2025)
Frequently asked questions
- What is starting a business: minimum capital in Guinea?
- Starting a business: minimum capital in Guinea was 5.3% in 2019, according to the World Bank.
- What is the highest starting a business: minimum capital recorded in Guinea?
- The highest recorded value was 877.6% in 2006.
- What is the lowest starting a business: minimum capital recorded in Guinea?
- The lowest recorded value was 5.3% in 2019.
- How does Guinea rank for starting a business: minimum capital?
- Guinea ranks 37th out of 191 countries with data for 2019.
- Is starting a business: minimum capital rising or falling in Guinea?
- Over the last ten years it is down 98.9%. The long-run trend across the full record is volatile.
- Where does this Guinea 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.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.