Starting a business: Paid-in Minimum capital (% of income per capita) in Latvia
Latvia: Starting a business: Paid-in Minimum capital (% of income per capita) was 100.0% in 2019. ▲ Rising
Starting a business: Paid-in Minimum capital (% of income per capita) in Latvia, 2003–2019
Source: World Bank.
Analysis
The most recent figure for starting a business: paid-in minimum capital (% of income per capita) in Latvia is 100.0%, measured in 2019. That is the highest value across all 17 years on record.
That represents a change of up 3.7% over ten years.
Over the whole period, starting a business: paid-in minimum capital (% of income per capita) in Latvia peaked at 100.0% in 2019 and was at its lowest, 88.8%, in 2003.
Latvia ranks 132nd of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Starting a business: Paid-in Minimum capital (% of income per capita) in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 88.8% | — |
| 2004 | 89.7% | +1.0% |
| 2005 | 92.1% | +2.7% |
| 2006 | 93.5% | +1.5% |
| 2007 | 94.5% | +1.1% |
| 2008 | 95.8% | +1.4% |
| 2009 | 96.4% | +0.7% |
| 2010 | 96.0% | -0.4% |
| 2011 | 100.0% | +4.1% |
| 2012 | 100.0% | +0.0% |
| 2013 | 100.0% | +0.0% |
| 2014 | 100.0% | +0.0% |
| 2015 | 100.0% | +0.0% |
| 2016 | 100.0% | +0.0% |
| 2017 | 100.0% | +0.0% |
| 2018 | 100.0% | +0.0% |
| 2019 | 100.0% | +0.0% |
Latvia compared with similar countries
- Latvia's 100.0% is below the median for high income countries, which is 100.0%, 100% of the median. (62 countries reporting)
- Latvia's 100.0% is below the median for Europe & Central Asia, which is 100.0%, 100% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 92.9% | 88.8% | 96.4% | 7 |
| 2010s | 99.6% | 96.0% | 100.0% | 10 |
Countries ranked near Latvia
- 130 Italy 100.0% compare
- 131 Greece 100.0% compare
- 133 Bulgaria 100.0% compare
- 134 Montenegro 100.0% compare
- 135 Lao People's Democratic Republic 100.0% compare
More private sector data for Latvia
- Merchandise trade 99.6% (2025)
- Food imports 17.9% (2025)
- Manufactures imports 60.8% (2025)
- Merchandise imports 26.28 billion current US$ (2025)
- Food exports 22.1% (2025)
- Manufactures exports 54.2% (2025)
- Merchandise exports 22.12 billion current US$ (2025)
- Merchandise exports (current US$), per capita 11,972 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.455 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.16 % change on previous year (2025)
Frequently asked questions
- What is starting a business: paid-in minimum capital (% of income per capita) in Latvia?
- Starting a business: paid-in minimum capital (% of income per capita) in Latvia was 100.0% in 2019, according to the World Bank.
- What is the highest starting a business: paid-in minimum capital (% of income per capita) recorded in Latvia?
- The highest recorded value was 100.0% in 2019.
- What is the lowest starting a business: paid-in minimum capital (% of income per capita) recorded in Latvia?
- The lowest recorded value was 88.8% in 2003.
- How does Latvia rank for starting a business: paid-in minimum capital (% of income per capita)?
- Latvia ranks 132nd out of 191 countries with data for 2019.
- Is starting a business: paid-in minimum capital (% of income per capita) rising or falling in Latvia?
- Over the last ten years it is up 3.7%. The long-run trend across the full record is rising.
- Where does this Latvia data come from?
- The figures come from the World Bank, published as part of Starting a business: Paid-in Minimum capital (% of income per capita) - Score. Statizoid updates them automatically from the source API.
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About this data
The score for the paid-in minimum capital requirement benchmarks economies with respect to the regulatory best practice on the indicator. The score ranges from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.