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Starting a business: Minimum capital in Latvia

Latvia: Starting a business: Minimum capital was 0.0% in 2019. ◆ Volatile

Latest (2019)
0.0%
World rank
57th
of 191 countries
All-time high
45.0%
in 2003
All-time low
0.0%
in 2011
Years of data
17
2003–2019

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

010203040502003201120192003: 45 % of income per capita2004: 41.4 % of income per capita2005: 31.8 % of income per capita2006: 26.1 % of income per capita2007: 22 % of income per capita2008: 16.9 % of income per capita2009: 14.2 % of income per capita2010: 15.9 % of income per capita2011: 0 % of income per capita2012: 0 % of income per capita2013: 0 % of income per capita2014: 0 % of income per capita2015: 0 % of income per capita2016: 0 % of income per capita2017: 0 % of income per capita2018: 0 % of income per capita2019: 0 % of income per capita

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

Analysis

Latvia recorded 0.0% for starting a business: minimum capital in 2019. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 100.0% over ten years.

Over the whole period, starting a business: minimum capital in Latvia peaked at 45.0% in 2003 and was at its lowest, 0.0%, in 2011.

Latvia ranks 57th of 191 countries on this measure, 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 Latvia, year by year

Year % of income per capita Change
2003 45.0% —
2004 41.4% -8.0%
2005 31.8% -23.2%
2006 26.1% -17.9%
2007 22.0% -15.7%
2008 16.9% -23.2%
2009 14.2% -16.0%
2010 15.9% +12.0%
2011 0.0% -100.0%
2012 0.0% —
2013 0.0% —
2014 0.0% —
2015 0.0% —
2016 0.0% —
2017 0.0% —
2018 0.0% —
2019 0.0% —

Averages by decade

DecadeAverage LowestHighest Years
2000s 28.2% 14.2% 45.0% 7
2010s 1.6% 0.0% 15.9% 10

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More private sector data for Latvia

All data for Latvia →

Frequently asked questions

What is starting a business: minimum capital in Latvia?
Starting a business: minimum capital in Latvia was 0.0% in 2019, according to the World Bank.
What is the highest starting a business: minimum capital recorded in Latvia?
The highest recorded value was 45.0% in 2003.
What is the lowest starting a business: minimum capital recorded in Latvia?
The lowest recorded value was 0.0% in 2011.
How does Latvia rank for starting a business: minimum capital?
Latvia ranks 57th out of 191 countries with data for 2019.
Is starting a business: minimum capital rising or falling in Latvia?
Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
Where does this Latvia 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 Latvia. Statizoid. Retrieved 08 September 2026, from https://private-sector.statizoid.com/stat/starting-a-business-minimum-capital-percent-of-income-per-capita/latvia/

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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.