Starting a business: Paid-in Minimum capital (% of income per capita) in Senegal
Senegal: Starting a business: Paid-in Minimum capital (% of income per capita) was 99.2% in 2019. ▲ Rising
Starting a business: Paid-in Minimum capital (% of income per capita) in Senegal, 2003–2019
Source: World Bank.
Analysis
In 2019, starting a business: paid-in minimum capital (% of income per capita) in Senegal stood at 99.2%. That is the highest value across all 17 years on record.
The figure is up 0.3% on the previous year and up 105.5% over ten years.
Over the whole period, starting a business: paid-in minimum capital (% of income per capita) in Senegal peaked at 99.2% in 2019 and was at its lowest, 26.7%, in 2003.
Senegal ranks 150th of 191 countries on this measure, in the bottom quarter.
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 Senegal, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 26.7% | — |
| 2004 | 32.4% | +21.3% |
| 2005 | 34.9% | +7.8% |
| 2006 | 32.6% | -6.6% |
| 2007 | 36.3% | +11.2% |
| 2008 | 41.0% | +13.0% |
| 2009 | 48.3% | +17.9% |
| 2010 | 48.7% | +0.9% |
| 2011 | 49.2% | +1.0% |
| 2012 | 51.9% | +5.4% |
| 2013 | 52.0% | +0.1% |
| 2014 | 95.2% | +83.2% |
| 2015 | 98.8% | +3.7% |
| 2016 | 98.8% | +0.0% |
| 2017 | 98.9% | +0.0% |
| 2018 | 98.9% | +0.1% |
| 2019 | 99.2% | +0.3% |
Senegal compared with similar countries
- Senegal's 99.2% is below the median for lower middle income countries, which is 100.0%, 99% of the median. (47 countries reporting)
- Senegal's 99.2% is below the median for Sub-Saharan Africa, which is 100.0%, 99% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Starting a business: Paid-in Minimum capital (% of income per capita) in Senegal 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 |
|---|---|---|---|
| 2014 | +83.2% | 52.0% | 95.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.0% | 26.7% | 48.3% | 7 |
| 2010s | 79.2% | 48.7% | 99.2% | 10 |
Countries ranked near Senegal
- 147 El Salvador 99.3% compare
- 148 Côte d'Ivoire 99.3% compare
- 149 Bahrain 99.3% compare
- 151 Norway 98.9% compare
- 152 Congo, Democratic Republic of the 98.8% compare
- 153 Benin 98.7% compare
More private sector data for Senegal
- Merchandise trade 60.0% (2025)
- Food imports 19.0% (2024)
- Manufactures imports 46.4% (2024)
- Merchandise imports 11.95 billion current US$ (2025)
- Food exports 21.6% (2024)
- Manufactures exports 22.3% (2024)
- Merchandise exports 10.24 billion current US$ (2025)
- Merchandise exports (current US$), per capita 541.04 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2768 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 62.33 % change on previous year (2025)
Frequently asked questions
- What is starting a business: paid-in minimum capital (% of income per capita) in Senegal?
- Starting a business: paid-in minimum capital (% of income per capita) in Senegal was 99.2% in 2019, according to the World Bank.
- What is the highest starting a business: paid-in minimum capital (% of income per capita) recorded in Senegal?
- The highest recorded value was 99.2% in 2019.
- What is the lowest starting a business: paid-in minimum capital (% of income per capita) recorded in Senegal?
- The lowest recorded value was 26.7% in 2003.
- How does Senegal rank for starting a business: paid-in minimum capital (% of income per capita)?
- Senegal ranks 150th out of 191 countries with data for 2019.
- Is starting a business: paid-in minimum capital (% of income per capita) rising or falling in Senegal?
- Over the last ten years it is up 105.5%. The long-run trend across the full record is rising.
- Where does this Senegal 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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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.