Starting a business: Minimum capital in Lao People's Democratic Republic
Lao People's Democratic Republic: Starting a business: Minimum capital was 0.0% in 2019. ◆ Volatile
Starting a business: Minimum capital in Lao People's Democratic Republic, 2003–2019
Source: World Bank. Measured in % of income per capita.
Analysis
The most recent figure for starting a business: minimum capital in Lao People's Democratic Republic is 0.0%, measured in 2019. That is the lowest value across all 17 years on record.
Over the whole period, starting a business: minimum capital in Lao People's Democratic Republic peaked at 32.1% in 2003 and was at its lowest, 0.0%, in 2006.
That places Lao People's Democratic Republic 57th out of 191 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Starting a business: Minimum capital in Lao People's Democratic Republic, year by year
| Year | % of income per capita | Change |
|---|---|---|
| 2003 | 32.1% | — |
| 2004 | 28.5% | -11.2% |
| 2005 | 23.4% | -17.9% |
| 2006 | 0.0% | -100.0% |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 0.0% | — |
| 2012 | 0.0% | — |
| 2013 | 0.0% | — |
| 2014 | 0.0% | — |
| 2015 | 0.1% | — |
| 2016 | 0.0% | -100.0% |
| 2017 | 0.0% | — |
| 2018 | 0.0% | — |
| 2019 | 0.0% | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.0% | 0.0% | 32.1% | 7 |
| 2010s | 0.0% | 0.0% | 0.1% | 10 |
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More private sector data for Lao People's Democratic Republic
- Merchandise trade 124.1% (2025)
- Food imports 12.7% (2023)
- Manufactures imports 61.7% (2023)
- Merchandise imports 10.34 billion current US$ (2025)
- Food exports 23.2% (2023)
- Manufactures exports 32.8% (2023)
- Merchandise exports 12.38 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,572 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6762 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 31.87 % change on previous year (2025)
Frequently asked questions
- What is starting a business: minimum capital in Lao People's Democratic Republic?
- Starting a business: minimum capital in Lao People's Democratic Republic was 0.0% in 2019, according to the World Bank.
- What is the highest starting a business: minimum capital recorded in Lao People's Democratic Republic?
- The highest recorded value was 32.1% in 2003.
- What is the lowest starting a business: minimum capital recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0% in 2006.
- How does Lao People's Democratic Republic rank for starting a business: minimum capital?
- Lao People's Democratic Republic ranks 57th out of 191 countries with data for 2019.
- Where does this Lao People's Democratic Republic 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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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.