Angola vs Nigeria: Closing a business, cost
Closing a business, cost over time
- Angola
- Nigeria
How they compare
Angola currently reports 22.0% against 22.0% in Nigeria, a difference of 0.0%.
Across all 10 years both countries report, Nigeria has been ahead every year.
Angola ranks 13th and Nigeria ranks 13th of 46 countries.
Head to head by decade
| Decade | Angola | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 22.0% | 22.0% | 0.0% | — |
| 2010s | 22.0% | 22.0% | 0.0% | — |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Angola or Nigeria?
- Angola, at 22.0% against 22.0% in Nigeria as of 2012.
- What is the difference in closing a business, cost between Angola and Nigeria?
- 0.0%, with Angola ahead.
- How many years of comparable data are there for Angola and Nigeria?
- 10 years are reported by both, from 2003 to 2012.
- How do Angola and Nigeria rank globally for closing a business, cost?
- Angola ranks 13th and Nigeria ranks 13th of 46 countries.
- Where does this data come from?
- World Bank, Doing Business project (http://www.doingbusiness.org/), published as Closing a business, cost (% of estate). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The cost of the proceedings is recorded as a percentage of the estate’s value. The cost is calculated on the basis of survey responses by insolvency practitioners and includes court fees as well as fees of insolvency practitioners, independent assessors, lawyers and accountants. Respondents provide cost estimates from among the following options: less than 2%, 2–5%, 5–8%, 8–11%, 11–18%, 18–25%, 25–33%, 33–50%, 50–75% and more than 75% of the value of the business estate. This is the cost of the bankruptcy proceedings. For more information, visit http://www.doingbusiness.org/MethodologySurveys/.