Somalia: Cost of starting a business

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

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

: For that indicator, The World Bank provides data for Somalia from 2015 to 2018. The average value for Somalia during that period was 188.83 percent of per capita GNI with a minumum of 176.5 percent of per capita GNI in 2016 and a maximum of 203.6 percent of per capita GNI in 2017. 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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