Starting a business: Minimum capital (% of income per capita) in Philippines
Philippines: Starting a business: Minimum capital (% of income per capita) was 0.0% in 2019. ▼ Falling
Starting a business: Minimum capital in Philippines, 2003–2019
Source: World Bank. Measured in % of income per capita.
Analysis
The most recent figure for starting a business: minimum capital in Philippines is 0.0%, measured in 2019. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 100.0% on the previous year and down 100.0% over ten years.
Over the whole period, starting a business: minimum capital in Philippines peaked at 6.9% in 2007 and was at its lowest, 0.0%, in 2019.
That places Philippines 57th out of 191 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Starting a business: Minimum capital (% of income per capita) in Philippines, year by year
| Year | % of income per capita | Change |
|---|---|---|
| 2003 | 2.3% | — |
| 2004 | 2.2% | -4.3% |
| 2005 | 2.0% | -9.1% |
| 2006 | 1.8% | -10.0% |
| 2007 | 6.9% | +283.3% |
| 2008 | 6.0% | -13.0% |
| 2009 | 5.5% | -8.3% |
| 2010 | 6.0% | +9.1% |
| 2011 | 5.2% | -13.3% |
| 2012 | 4.8% | -7.7% |
| 2013 | 4.6% | -4.2% |
| 2014 | 3.6% | -21.7% |
| 2015 | 3.3% | -8.3% |
| 2016 | 3.1% | -6.1% |
| 2017 | 3.0% | -3.2% |
| 2018 | 2.8% | -6.7% |
| 2019 | 0.0% | -100.0% |
Biggest year-on-year movements
Years where Starting a business: Minimum capital (% of income per capita) in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +283.3% | 1.8% | 6.9% |
| 2019 | -100.0% | 2.8% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.8% | 1.8% | 6.9% | 7 |
| 2010s | 3.6% | 0.0% | 6.0% | 10 |
Countries ranked near Philippines
- 54 Eswatini 0.2% compare
- 55 Dominican Republic 0.1% compare
- 55 Jordan 0.1% compare
- 57 China 0.0% compare
- 57 Bangladesh 0.0%
- 57 India 0.0% compare
- 57 Indonesia 0.0% compare
- 57 Nigeria 0.0%
- 57 Pakistan 0.0%
- 57 United States 0.0%
- 57 Mexico 0.0% compare
- 57 Russia 0.0% compare
- 57 Japan 0.0% compare
- 57 Brazil 0.0%
- 57 Afghanistan 0.0%
- 57 Albania 0.0% compare
- 57 Algeria 0.0% compare
- 57 Angola 0.0% compare
- 57 Antigua and Barbuda 0.0%
- 57 Argentina 0.0% compare
- 57 Armenia 0.0% compare
- 57 Australia 0.0%
- 57 Azerbaijan 0.0%
- 57 Bahamas 0.0%
- 57 Barbados 0.0% compare
- 57 Belarus 0.0% compare
- 57 Belgium 0.0% compare
- 57 Belize 0.0% compare
- 57 Bhutan 0.0%
- 57 Bolivia 0.0%
- 57 Botswana 0.0%
- 57 Brunei 0.0%
- 57 Bulgaria 0.0% compare
- 57 Burundi 0.0%
- 57 Cape Verde 0.0% compare
- 57 Canada 0.0%
- 57 Chile 0.0%
- 57 Colombia 0.0%
- 57 Costa Rica 0.0%
- 57 Cyprus 0.0%
- 57 Czechia 0.0% compare
- 57 Djibouti 0.0% compare
- 57 Dominica 0.0%
- 57 Ecuador 0.0% compare
- 57 Egypt 0.0% compare
- 57 Ethiopia 0.0% compare
- 57 Fiji 0.0%
- 57 France 0.0% compare
- 57 Gambia 0.0%
- 57 Georgia 0.0% compare
- 57 Greece 0.0% compare
- 57 Grenada 0.0%
- 57 Guyana 0.0%
- 57 Honduras 0.0% compare
- 57 Hong Kong 0.0%
- 57 Iran 0.0%
- 57 Ireland 0.0%
- 57 Israel 0.0%
- 57 Italy 0.0% compare
- 57 Jamaica 0.0%
- 57 Kazakhstan 0.0% compare
- 57 Kenya 0.0%
- 57 South Korea 0.0% compare
- 57 Kosovo 0.0% compare
- 57 Kuwait 0.0% compare
- 57 Kyrgyzstan 0.0% compare
- 57 Laos 0.0% compare
- 57 Latvia 0.0% compare
- 57 Lesotho 0.0% compare
- 57 Liberia 0.0%
- 57 Madagascar 0.0% compare
- 57 Malawi 0.0%
- 57 Malaysia 0.0%
- 57 Marshall Islands 0.0%
- 57 Mauritania 0.0% compare
- 57 Mauritius 0.0%
- 57 Micronesia (country) 0.0% compare
- 57 Moldova 0.0% compare
- 57 Mongolia 0.0% compare
- 57 Montenegro 0.0%
- 57 Morocco 0.0% compare
- 57 Mozambique 0.0% compare
- 57 Myanmar 0.0% compare
- 57 Namibia 0.0%
- 57 Nepal 0.0%
- 57 Netherlands 0.0% compare
- 57 New Zealand 0.0%
- 57 Nicaragua 0.0%
- 57 North Macedonia 0.0% compare
- 57 Oman 0.0% compare
- 57 Panama 0.0%
- 57 Papua New Guinea 0.0%
- 57 Paraguay 0.0%
- 57 Peru 0.0%
- 57 Portugal 0.0% compare
- 57 Puerto Rico 0.0%
- 57 Qatar 0.0% compare
- 57 Rwanda 0.0%
- 57 Samoa 0.0%
- 57 San Marino 0.0% compare
- 57 Saudi Arabia 0.0% compare
- 57 Serbia 0.0% compare
- 57 Seychelles 0.0%
- 57 Sierra Leone 0.0% compare
- 57 Singapore 0.0%
- 57 Solomon Islands 0.0%
- 57 Somalia 0.0%
- 57 South Africa 0.0%
- 57 South Sudan 0.0%
- 57 Sri Lanka 0.0%
- 57 Saint Kitts and Nevis 0.0%
- 57 Saint Lucia 0.0%
- 57 Saint Vincent and the Grenadines 0.0%
- 57 Sudan 0.0%
- 57 Suriname 0.0% compare
- 57 Taiwan 0.0% compare
- 57 Tajikistan 0.0% compare
- 57 Tanzania 0.0%
- 57 Thailand 0.0%
- 57 Tonga 0.0%
- 57 Trinidad and Tobago 0.0%
- 57 Tunisia 0.0% compare
- 57 Turkey 0.0% compare
- 57 Uganda 0.0%
- 57 Ukraine 0.0% compare
- 57 United Arab Emirates 0.0% compare
- 57 United Kingdom 0.0%
- 57 Uruguay 0.0% compare
- 57 Uzbekistan 0.0% compare
- 57 Vanuatu 0.0%
- 57 Venezuela 0.0%
- 57 Vietnam 0.0%
- 57 Palestine 0.0% compare
- 57 Yemen 0.0% compare
- 57 Zambia 0.0% compare
- 57 Zimbabwe 0.0%
- 57 Kosovo (UNSCR 1244) 0.0% compare
More private sector data for Philippines
- Merchandise trade 46.2% (2025)
- Food imports 14.8% (2025)
- Manufactures imports 69.5% (2025)
- Merchandise imports 141.20 billion current US$ (2025)
- Commercial service imports 37.63 billion current US$ (2025)
- Food exports 10.8% (2025)
- Manufactures exports 76.5% (2025)
- Merchandise exports 83.72 billion current US$ (2025)
- Commercial service exports 51.47 billion current US$ (2025)
- Merchandise exports (current US$), per capita 716.89 current US$ per person (2025)
Frequently asked questions
- What is starting a business: minimum capital in Philippines?
- Starting a business: minimum capital in Philippines was 0.0% in 2019, according to the World Bank.
- What is the highest starting a business: minimum capital recorded in Philippines?
- The highest recorded value was 6.9% in 2007.
- What is the lowest starting a business: minimum capital recorded in Philippines?
- The lowest recorded value was 0.0% in 2019.
- How does Philippines rank for starting a business: minimum capital?
- Philippines ranks 57th out of 191 countries with data for 2019.
- Is starting a business: minimum capital rising or falling in Philippines?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
- Where does this Philippines 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.