Guinea: Cost of starting a business

(measure: percent of per capita GNI; Source: The World Bank)
* indicates monthly or quarterly data series

Guinea: Cost of starting a business, % of income per capita

: For that indicator, The World Bank provides data for Guinea from 2003 to 2019. The average value for Guinea during that period was 339.08 percent of per capita GNI with a minimum of 5.3 percent of per capita GNI in 2019 and a maximum of 877.6 percent of per capita GNI in 2006. The latest value from 2019 is 5.3 percent of per capita GNI. For comparison, the world average in 2019 based on 185 countries is 5.60 percent of per capita GNI. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: The indicator includes all official fees and fees for legal or professional services if such services are required by law. The company law, the commercial code, and specific regulations and fee schedules are used as sources for calculating costs. The indicator excludes bribes.
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