Burundi vs North Africa: Closing a business, cost
Closing a business, cost over time
- Burundi
- North Africa
How they compare
Burundi currently reports 30.0% against 14.4% in North Africa, a difference of 15.6%.
That makes Burundi's figure about 2.1 times North Africa's.
Across all 8 years both countries report, Burundi has been ahead every year.
Burundi ranks 7th and North Africa ranks 6th of 46 countries.
Burundi has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Burundi | North Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 30.0% | 14.4% | 15.6% | Burundi |
| 2010s | 30.0% | 14.4% | 15.6% | Burundi |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Burundi or North Africa?
- Burundi, at 30.0% against 14.4% in North Africa as of 2012.
- What is the difference in closing a business, cost between Burundi and North Africa?
- 15.6%, with Burundi ahead.
- How many years of comparable data are there for Burundi and North Africa?
- 8 years are reported by both, from 2005 to 2012.
- How do Burundi and North Africa rank globally for closing a business, cost?
- Burundi ranks 7th and North Africa ranks 6th 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/.