Cost of Business Start-Up Procedures (As % of GNI Per Capita) fell to 41.9% in Djibouti in 2018

Cost of Business Start-Up Procedures (As % of GNI Per Capita) (%)
Economy | Djibouti | May 17, 2019
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Cost of business start-up procedures as a percentage of GNI per capita reached 41.9 % in 2018 in Djibouti, according to the National Statistical Office. This is 28.7 % less than in the previous year.

Historically, cost of business start-up procedures as a percentage of GNI per capita in Djibouti reached an all time high of 280 % in 2005 and an all time low of 41.9 % in 2018. When compared to Djibouti's main peers, cost of business start-up procedures as a percentage of GNI per capita in Eritrea amounted to 23.7 %, 52.7 % in Ethiopia, 195 % in Somalia and 119 % in Yemen in 2018.

Djibouti has been ranked 25th within the group of 171 countries we follow in terms of cost of business start-up procedures as a percentage of GNI per capita, 17 places behind the position seen 10 years ago.

The cost of registering a business is normalised by presenting it as a percentage of gross national income (GNI) per capita.

Cost of Business Start-Up Procedures (As % of GNI Per Capita) Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018
Djibouti % 196% 214% 203% 197% 156%
Eritrea % 52.3% 50.5% 41.5% 38.1% 37.6%
Ethiopia % 142% 105% 93.7% 79.1% 69.3%
Kenya % 47.5% 44.5% 54.1% 43.6% 28.2%
Oman % 2.60% 2.40% 2.40% 3.20% 4.00%
Saudi Arabia % 7.00% 6.90% 5.60% 5.70% 6.00%
Somalia % ... ... ... ... ... 180% 177%
Sudan % 27.8% 28.1% 25.1% 14.8% 30.5%
Yemen % 71.9% 66.1% 66.3% 68.0% 82.2%