Burundi vs Democratic Republic of Congo: Closing a business, cost (% of estate)
Closing a business, cost (% of estate) over time
- Burundi
- Democratic Republic of Congo
How they compare
Burundi currently reports 30.0% against 29.0% in Democratic Republic of Congo, a difference of 1.0%.
Across all 8 years both countries report, Burundi has been ahead every year.
Burundi ranks 7th and Democratic Republic of Congo ranks 10th of 46 countries.
Burundi has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Burundi | Democratic Republic of Congo | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 30.0% | 29.0% | 1.0% | Burundi |
| 2010s | 30.0% | 29.0% | 1.0% | Burundi |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Burundi or Democratic Republic of Congo?
- Burundi, at 30.0% against 29.0% in Democratic Republic of Congo as of 2012.
- What is the difference in closing a business, cost between Burundi and Democratic Republic of Congo?
- 1.0%, with Burundi ahead.
- How many years of comparable data are there for Burundi and Democratic Republic of Congo?
- 8 years are reported by both, from 2005 to 2012.
- How do Burundi and Democratic Republic of Congo rank globally for closing a business, cost?
- Burundi ranks 7th and Democratic Republic of Congo 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/.