Cost of starting a business - Country rankings

* indicates monthly or quarterly data series

Cost of starting a business, % of income per capita, 2019:

The average for 2019 based on 185 countries was 19.87 percent of per capita GNI. The highest value was in Venezuela: 211.8 percent of per capita GNI and the lowest value was in Rwanda: 0 percent of per capita GNI. The indicator is available from 2003 to 2019. Below is a chart for all countries where data are available.

Measure: percent of per capita GNI; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries Cost of starting a business, 2019 Global rank Available data
Venezuela 211.8 1 2003 - 2019
Somalia 198.2 2 2015 - 2019
Haiti 179.7 3 2003 - 2019
Chad 169.3 4 2003 - 2019
Micronesia 141.4 5 2003 - 2019
C.A. Republic 127.8 6 2003 - 2019
Mozambique 106.9 7 2003 - 2019
Suriname 93.5 8 2005 - 2019
G.-Bissau 88.8 9 2005 - 2019
Zimbabwe 76.6 10 2003 - 2019
Nicaragua 65.7 11 2003 - 2019
R. of Congo 62.2 12 2003 - 2019
Eq. Guinea 59.1 13 2005 - 2019
Mali 55.1 14 2003 - 2019
Comoros 54.2 15 2005 - 2019
Cambodia 53.4 16 2003 - 2019
Paraguay 52.2 17 2003 - 2019
Gambia 49.5 18 2005 - 2019
Ethiopia 45.4 19 2003 - 2019
El Salvador 43.3 20 2003 - 2019
Burkina Faso 42.8 21 2003 - 2019
Vanuatu 42.5 22 2003 - 2019
Lebanon 42.3 23 2003 - 2019
Tanzania 40.6 24 2003 - 2019
Uganda 40.5 25 2003 - 2019
Palestine 40.3 26 2004 - 2019
Yemen 40.2 27 2003 - 2019
Djibouti 39.7 28 2005 - 2019
Bolivia 37.3 29 2003 - 2019
Kiribati 34.9 30 2003 - 2019
Belize 34.3 31 2005 - 2019
Iraq 34.2 32 2004 - 2019
Zambia 34 33 2003 - 2019
Guinea 33.8 34 2003 - 2019
Ecuador 33 35 2003 - 2019
Malawi 32.6 36 2003 - 2019
Madagascar 30.2 37 2003 - 2019
Honduras 28.1 38 2003 - 2019
Solomon Isl. 27.4 39 2003 - 2019
Nigeria 26.1 40 2013 - 2019
Cameroon 24.8 41 2003 - 2019
Libya 24.6 42 2012 - 2019
Uruguay 24.1 43 2003 - 2019
Jordan 23.3 44 2003 - 2019
Philippines 23.3 45 2003 - 2019
Senegal 22.6 46 2003 - 2019
Kenya 22.4 47 2003 - 2019
Eritrea 21.3 48 2004 - 2019
Egypt 20.3 49 2003 - 2019
Nepal 20.2 50 2003 - 2019
Papua N.G. 18.6 51 2003 - 2019
Sudan 17.8 52 2004 - 2019
Tajikistan 17.5 53 2005 - 2019
Guatemala 17.3 54 2003 - 2019
UA Emirates 17.2 55 2003 - 2019
Saint Lucia 17 56 2005 - 2019
DR Congo 16.3 57 2003 - 2019
Mauritania 15.8 58 2003 - 2019
Dominica 15.2 59 2005 - 2019
Mexico 15.2 60 2013 - 2019
South Korea 14.6 61 2003 - 2019
Fiji 14.5 62 2003 - 2019
Grenada 14.4 63 2005 - 2019
Colombia 14.1 64 2003 - 2019
St. Vincent & ... 13.9 65 2005 - 2019
Italy 13.8 66 2003 - 2019
Bosnia & Herz. 13.7 67 2003 - 2019
Domin. Rep. 13.7 68 2003 - 2019
Burma 13.3 69 2012 - 2019
Gabon 13.3 70 2005 - 2019
Cape Verde 13 71 2005 - 2019
Seychelles 12.5 72 2005 - 2019
S.T.&Principe 12.4 73 2004 - 2019
Burundi 12.3 74 2003 - 2019
Ghana 12.3 75 2003 - 2019
Poland 11.6 76 2003 - 2019
Algeria 11.3 77 2003 - 2019
Angola 11.1 78 2003 - 2019
Malaysia 11.1 79 2003 - 2019
Bahamas 11 80 2007 - 2019
Albania 10.8 81 2003 - 2019
Swaziland 10.7 82 2005 - 2019
Costa Rica 9.6 83 2003 - 2019
Guyana 9.4 84 2004 - 2019
Peru 9.4 85 2003 - 2019
Namibia 8.9 86 2003 - 2019
San Marino 8.8 87 2012 - 2019
Bangladesh 8.7 88 2013 - 2019
Sri Lanka 8.7 89 2003 - 2019
Syria 8.1 90 2003 - 2019
Togo 8.1 91 2003 - 2019
Ant.& Barb. 8 92 2005 - 2019
Niger 7.9 93 2003 - 2019
Sierra Leone 7.6 94 2003 - 2019
Japan 7.5 95 2013 - 2019
Barbados 7.3 96 2011 - 2019
India 7.2 97 2013 - 2019
Samoa 6.9 98 2003 - 2019
Afghanistan 6.8 99 2004 - 2019
Malta 6.7 100 2011 - 2019
Pakistan 6.7 101 2013 - 2019
Germany 6.5 102 2003 - 2019
Liberia 6.3 103 2006 - 2019
Qatar 6.3 104 2007 - 2019
Croatia 6.2 105 2003 - 2019
Lesotho 6.1 106 2003 - 2019
Tonga 6 107 2003 - 2019
Turkey 6 108 2003 - 2019
Panama 5.8 109 2003 - 2019
Indonesia 5.7 110 2013 - 2019
Cyprus 5.6 111 2008 - 2019
Vietnam 5.6 112 2003 - 2019
Saudi Arabia 5.4 113 2003 - 2019
Belgium 5.3 114 2003 - 2019
Argentina 5 115 2003 - 2019
Austria 4.7 116 2003 - 2019
Laos 4.6 117 2003 - 2019
Hungary 4.5 118 2003 - 2019
Brazil 4.2 119 2013 - 2019
Jamaica 4.2 120 2003 - 2019
Maldives 4.1 121 2003 - 2019
Moldova 4 122 2003 - 2019
Netherlands 4 123 2003 - 2019
Spain 3.9 124 2003 - 2019
Bhutan 3.7 125 2003 - 2019
Morocco 3.6 126 2003 - 2019
Benin 3.5 127 2003 - 2019
North Macedonia 3.1 128 2003 - 2019
Oman 3.1 129 2003 - 2019
Thailand 3 130 2003 - 2019
Tunisia 2.9 131 2003 - 2019
Chile 2.7 132 2003 - 2019
Israel 2.7 133 2003 - 2019
Ivory Coast 2.7 134 2003 - 2019
Serbia 2.3 135 2003 - 2019
Switzerland 2.3 136 2003 - 2019
Liechtenstein 2.2 137 2018 - 2019
Palau 2.2 138 2003 - 2019
Uzbekistan 2.2 139 2003 - 2019
Georgia 2.1 140 2003 - 2019
Iceland 1.9 141 2004 - 2019
Portugal 1.9 142 2003 - 2019
Kuwait 1.7 143 2003 - 2019
Luxembourg 1.6 144 2006 - 2019
Greece 1.5 145 2003 - 2019
Latvia 1.5 146 2003 - 2019
Kyrgyzstan 1.4 147 2003 - 2019
Azerbaijan 1.2 148 2003 - 2019
Mongolia 1.2 149 2003 - 2019
Montenegro 1.2 150 2006 - 2019
Puerto Rico 1.2 151 2003 - 2019
Brunei 1.1 152 2006 - 2019
China 1.1 153 2013 - 2019
Czechia 1.1 154 2003 - 2019
Iran 1.1 155 2003 - 2019
Bahrain 1 156 2007 - 2019
Bulgaria 1 157 2003 - 2019
Estonia 1 158 2003 - 2019
Russia 1 159 2013 - 2019
Slovakia 1 160 2003 - 2019
USA 1 161 2013 - 2019
Armenia 0.8 162 2003 - 2019
Mauritius 0.8 163 2004 - 2019
Norway 0.8 164 2003 - 2019
Australia 0.7 165 2003 - 2019
Finland 0.7 166 2003 - 2019
France 0.7 167 2003 - 2019
Tr.&Tobago 0.7 168 2005 - 2019
Botswana 0.6 169 2003 - 2019
Belarus 0.5 170 2003 - 2019
Hong Kong 0.5 171 2003 - 2019
Lithuania 0.5 172 2003 - 2019
Sweden 0.5 173 2003 - 2019
Ukraine 0.5 174 2003 - 2019
Singapore 0.4 175 2003 - 2019
Canada 0.3 176 2003 - 2019
Romania 0.3 177 2003 - 2019
Denmark 0.2 178 2003 - 2019
Kazakhstan 0.2 179 2003 - 2019
New Zealand 0.2 180 2003 - 2019
South Africa 0.2 181 2003 - 2019
Ireland 0.1 182 2003 - 2019
Rwanda 0 183 2003 - 2019
Slovenia 0 184 2003 - 2019
UK 0 185 2003 - 2019



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.

Selected articles from our guide:

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

1. Venezuela
2. Somalia
3. Haiti
4. Chad
5. Micronesia
6. C.A. Republic
7. Mozambique
8. Suriname
9. G.-Bissau
10. Zimbabwe
11. Nicaragua
12. R. of Congo
13. Eq. Guinea
14. Mali
15. Comoros
16. Cambodia
17. Paraguay
18. Gambia
19. Ethiopia
20. El Salvador
21. Burkina Faso
22. Vanuatu
23. Lebanon
24. Tanzania
25. Uganda
26. Palestine
27. Yemen
28. Djibouti
29. Bolivia
30. Kiribati
31. Belize
32. Iraq
33. Zambia
34. Guinea
35. Ecuador
36. Malawi
37. Madagascar
38. Honduras
39. Solomon Isl.
40. Nigeria
41. Cameroon
42. Libya
43. Uruguay
44. Jordan
45. Philippines
46. Senegal
47. Kenya
48. Eritrea
49. Egypt
50. Nepal
51. Papua N.G.
52. Sudan
53. Tajikistan
54. Guatemala
55. UA Emirates
56. Saint Lucia
57. DR Congo
58. Mauritania
59. Dominica
60. Mexico
61. South Korea
62. Fiji
63. Grenada
64. Colombia
65. St. Vincent & ...
66. Italy
67. Bosnia & Herz.
68. Domin. Rep.
69. Burma
70. Gabon
71. Cape Verde
72. Seychelles
73. S.T.&Principe
74. Burundi
75. Ghana
76. Poland
77. Algeria
78. Angola
79. Malaysia
80. Bahamas
81. Albania
82. Swaziland
83. Costa Rica
84. Guyana
85. Peru
86. Namibia
87. San Marino
88. Bangladesh
89. Sri Lanka
90. Syria
91. Togo
92. Ant.& Barb.
93. Niger
94. Sierra Leone
95. Japan
96. Barbados
97. India
98. Samoa
99. Afghanistan
100. Malta
101. Pakistan
102. Germany
103. Liberia
104. Qatar
105. Croatia
106. Lesotho
107. Tonga
108. Turkey
109. Panama
110. Indonesia
111. Cyprus
112. Vietnam
113. Saudi Arabia
114. Belgium
115. Argentina
116. Austria
117. Laos
118. Hungary
119. Brazil
120. Jamaica
121. Maldives
122. Moldova
123. Netherlands
124. Spain
125. Bhutan
126. Morocco
127. Benin
128. North Macedonia
129. Oman
130. Thailand
131. Tunisia
132. Chile
133. Israel
134. Ivory Coast
135. Serbia
136. Switzerland
137. Liechtenstein
138. Palau
139. Uzbekistan
140. Georgia
141. Iceland
142. Portugal
143. Kuwait
144. Luxembourg
145. Greece
146. Latvia
147. Kyrgyzstan
148. Azerbaijan
149. Mongolia
150. Montenegro
151. Puerto Rico
152. Brunei
153. China
154. Czechia
155. Iran
156. Bahrain
157. Bulgaria
158. Estonia
159. Russia
160. Slovakia
161. USA
162. Armenia
163. Mauritius
164. Norway
165. Australia
166. Finland
167. France
168. Tr.&Tobago
169. Botswana
170. Belarus
171. Hong Kong
172. Lithuania
173. Sweden
174. Ukraine
175. Singapore
176. Canada
177. Romania
178. Denmark
179. Kazakhstan
180. New Zealand
181. South Africa
182. Ireland
183. Rwanda
184. Slovenia
185. UK
211.80
198.20
179.70
169.30
141.40
127.80
106.90
93.50
88.80
76.60
65.70
62.20
59.10
55.10
54.20
53.40
52.20
49.50
45.40
43.30
42.80
42.50
42.30
40.60
40.50
40.30
40.20
39.70
37.30
34.90
34.30
34.20
34.00
33.80
33.00
32.60
30.20
28.10
27.40
26.10
24.80
24.60
24.10
23.30
23.30
22.60
22.40
21.30
20.30
20.20
18.60
17.80
17.50
17.30
17.20
17.00
16.30
15.80
15.20
15.20
14.60
14.50
14.40
14.10
13.90
13.80
13.70
13.70
13.30
13.30
13.00
12.50
12.40
12.30
12.30
11.60
11.30
11.10
11.10
11.00
10.80
10.70
9.60
9.40
9.40
8.90
8.80
8.70
8.70
8.10
8.10
8.00
7.90
7.60
7.50
7.30
7.20
6.90
6.80
6.70
6.70
6.50
6.30
6.30
6.20
6.10
6.00
6.00
5.80
5.70
5.60
5.60
5.40
5.30
5.00
4.70
4.60
4.50
4.20
4.20
4.10
4.00
4.00
3.90
3.70
3.60
3.50
3.10
3.10
3.00
2.90
2.70
2.70
2.70
2.30
2.30
2.20
2.20
2.20
2.10
1.90
1.90
1.70
1.60
1.50
1.50
1.40
1.20
1.20
1.20
1.20
1.10
1.10
1.10
1.10
1.00
1.00
1.00
1.00
1.00
1.00
0.80
0.80
0.80
0.70
0.70
0.70
0.70
0.60
0.50
0.50
0.50
0.50
0.50
0.40
0.30
0.30
0.20
0.20
0.20
0.20
0.10
0.00
0.00
0.00
0
53
105.9
158.9
211.8


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