Starting a business: Minimum capital in Libya
Libya: Starting a business: Minimum capital was 30.0% in 2019. ◆ Volatile
Starting a business: Minimum capital in Libya, 2003–2019
Source: World Bank. Measured in % of income per capita.
Analysis
In 2019, starting a business: minimum capital in Libya stood at 30.0%.
That represents a change of up 12.8% on the previous year and up 6.4% over ten years.
Over the whole period, starting a business: minimum capital in Libya peaked at 245.4% in 2004 and was at its lowest, 0.0%, in 2003.
That places Libya 9th out of 191 countries with data for 2019, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Starting a business: Minimum capital in Libya, year by year
| Year | % of income per capita | Change |
|---|---|---|
| 2003 | 0.0% | — |
| 2004 | 245.4% | — |
| 2005 | 200.1% | -18.5% |
| 2006 | 47.0% | -76.5% |
| 2007 | 40.1% | -14.7% |
| 2008 | 34.6% | -13.7% |
| 2009 | 28.2% | -18.5% |
| 2010 | 28.2% | +0.0% |
| 2011 | 32.6% | +15.6% |
| 2012 | 44.5% | +36.5% |
| 2013 | 18.6% | -58.2% |
| 2014 | 20.3% | +9.1% |
| 2015 | 34.6% | +70.4% |
| 2016 | 43.4% | +25.4% |
| 2017 | 41.5% | -4.4% |
| 2018 | 26.6% | -35.9% |
| 2019 | 30.0% | +12.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 85.1% | 0.0% | 245.4% | 7 |
| 2010s | 32.0% | 18.6% | 44.5% | 10 |
Countries ranked near Libya
More private sector data for Libya
- Merchandise trade 102.7% (2025)
- Food imports 21.6% (2019)
- Manufactures imports 62.7% (2019)
- Merchandise imports 19.31 billion current US$ (2025)
- Food exports 0.1% (2019)
- Manufactures exports 0.6% (2019)
- Merchandise exports 30.09 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,034 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6255 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -0.3511 % change on previous year (2025)
Frequently asked questions
- What is starting a business: minimum capital in Libya?
- Starting a business: minimum capital in Libya was 30.0% in 2019, according to the World Bank.
- What is the highest starting a business: minimum capital recorded in Libya?
- The highest recorded value was 245.4% in 2004.
- What is the lowest starting a business: minimum capital recorded in Libya?
- The lowest recorded value was 0.0% in 2003.
- How does Libya rank for starting a business: minimum capital?
- Libya ranks 9th out of 191 countries with data for 2019.
- Is starting a business: minimum capital rising or falling in Libya?
- Over the last ten years it is up 6.4%. The long-run trend across the full record is volatile.
- Where does this Libya 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.