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Cost of Business Start-Up Procedures (As % of GNI Per Capita)

Source: World Bank
Last Updated: Jul 1, 2023

Based on a comparison of 170 countries in 2019, Venezuela ranked the highest in cost of business start-up procedures as a percentage of GNI per capita with 212% followed by Somalia and Haiti. On the other end of the scale was Ireland with 0.100%, New Zealand with 0.200% and South Africa with 0.200%.

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