Starting a business: Minimum capital in Kiribati
Kiribati: Starting a business: Minimum capital was 11.9% in 2019. ▼ Falling
Starting a business: Minimum capital in Kiribati, 2003–2019
Source: World Bank. Measured in % of income per capita.
Analysis
In 2019, starting a business: minimum capital in Kiribati stood at 11.9%. That is the lowest value across all 17 years on record.
The figure is down 7.8% on the previous year and down 42.0% over ten years.
Over the whole period, starting a business: minimum capital in Kiribati peaked at 38.4% in 2005 and was at its lowest, 11.9%, in 2019.
Kiribati ranks 21st of 191 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Starting a business: Minimum capital in Kiribati, year by year
| Year | % of income per capita | Change |
|---|---|---|
| 2003 | 27.9% | — |
| 2004 | 34.5% | +23.7% |
| 2005 | 38.4% | +11.3% |
| 2006 | 27.0% | -29.7% |
| 2007 | 30.6% | +13.3% |
| 2008 | 34.9% | +14.1% |
| 2009 | 20.5% | -41.3% |
| 2010 | 21.7% | +5.9% |
| 2011 | 21.1% | -2.8% |
| 2012 | 21.3% | +0.9% |
| 2013 | 21.7% | +1.9% |
| 2014 | 19.5% | -10.1% |
| 2015 | 20.8% | +6.7% |
| 2016 | 13.0% | -37.5% |
| 2017 | 16.2% | +24.6% |
| 2018 | 12.9% | -20.4% |
| 2019 | 11.9% | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.5% | 20.5% | 38.4% | 7 |
| 2010s | 18.0% | 11.9% | 21.7% | 10 |
Countries ranked near Kiribati
More private sector data for Kiribati
- Merchandise trade 147.8% (2025)
- Food imports 41.4% (2021)
- Manufactures imports 43.0% (2021)
- Merchandise imports 496.00 million current US$ (2025)
- Food exports 97.2% (2021)
- Manufactures exports 2.1% (2021)
- Merchandise exports 20.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 146.53 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0573 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -16.67 % change on previous year (2025)
Frequently asked questions
- What is starting a business: minimum capital in Kiribati?
- Starting a business: minimum capital in Kiribati was 11.9% in 2019, according to the World Bank.
- What is the highest starting a business: minimum capital recorded in Kiribati?
- The highest recorded value was 38.4% in 2005.
- What is the lowest starting a business: minimum capital recorded in Kiribati?
- The lowest recorded value was 11.9% in 2019.
- How does Kiribati rank for starting a business: minimum capital?
- Kiribati ranks 21st out of 191 countries with data for 2019.
- Is starting a business: minimum capital rising or falling in Kiribati?
- Over the last ten years it is down 42.0%. The long-run trend across the full record is falling.
- Where does this Kiribati 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.