Benin vs Congo, Democratic Republic of the: Closing a business, cost
Closing a business, cost over time
- Benin
- Congo, Democratic Republic of the
How they compare
Congo, Democratic Republic of the currently reports 29.0% against 22.0% in Benin, a difference of 7.0%.
That makes Congo, Democratic Republic of the's figure about 1.3 times Benin's.
Across all 10 years both countries report, Congo, Democratic Republic of the has been ahead every year.
Benin ranks 13th and Congo, Democratic Republic of the ranks 10th of 46 countries.
Congo, Democratic Republic of the has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Benin | Congo, Democratic Republic of the | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 17.0% | 29.0% | 12.0% | Congo, Democratic Republic of the |
| 2010s | 22.0% | 29.0% | 7.0% | Congo, Democratic Republic of the |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Benin or Congo, Democratic Republic of the?
- Congo, Democratic Republic of the, at 29.0% against 22.0% in Benin as of 2012.
- What is the difference in closing a business, cost between Benin and Congo, Democratic Republic of the?
- 7.0%, with Congo, Democratic Republic of the ahead.
- How many years of comparable data are there for Benin and Congo, Democratic Republic of the?
- 10 years are reported by both, from 2003 to 2012.
- How do Benin and Congo, Democratic Republic of the rank globally for closing a business, cost?
- Benin ranks 13th and Congo, Democratic Republic of the ranks 10th 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/.