Cameroon vs Madagascar: Closing a business, cost
Closing a business, cost over time
- Cameroon
- Madagascar
How they compare
Cameroon currently reports 34.0% against 30.0% in Madagascar, a difference of 4.0%.
That makes Cameroon's figure about 1.1 times Madagascar's.
Across all 10 years both countries report, Cameroon has been ahead every year.
Cameroon ranks 6th and Madagascar ranks 7th of 46 countries.
Cameroon has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cameroon | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 34.0% | 30.0% | 4.0% | Cameroon |
| 2010s | 34.0% | 30.0% | 4.0% | Cameroon |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Cameroon or Madagascar?
- Cameroon, at 34.0% against 30.0% in Madagascar as of 2012.
- What is the difference in closing a business, cost between Cameroon and Madagascar?
- 4.0%, with Cameroon ahead.
- How many years of comparable data are there for Cameroon and Madagascar?
- 10 years are reported by both, from 2003 to 2012.
- How do Cameroon and Madagascar rank globally for closing a business, cost?
- Cameroon ranks 6th and Madagascar ranks 7th 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/.