Libya

Cost Of Starting A Business

24.6
% of income per capita
Dec 12Dec 13Dec 14Dec 15Dec 16Dec 17Dec 18Dec 190.0008.00016.0024.0032.00
  • Libya
  • Global Median
Source: IMF

Africa Ranking

18
Guinea33.8
19
Malawi32.6
21
Nigeria26.1
22
Cameroon24.8
23
Libya24.6
24
Senegal22.6
25
Kenya22.4
26
Eritrea21.3
27
Egypt20.3
28
Sudan17.8

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Definition of Cost Of Starting A Business

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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