Chad vs Sub-Saharan Africa (excluding high income): Closing a business, cost
Closing a business, cost over time
- Chad
- Sub-Saharan Africa (excluding high income)
How they compare
Chad currently reports 60.0% against 22.7% in Sub-Saharan Africa (excluding high income), a difference of 37.3%.
That makes Chad's figure about 2.6 times Sub-Saharan Africa (excluding high income)'s.
Across all 10 years both countries report, Chad has been ahead every year.
Chad ranks 2nd and Sub-Saharan Africa (excluding high income) ranks 3rd of 46 countries.
Chad has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Chad | Sub-Saharan Africa (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 60.0% | 22.8% | 37.2% | Chad |
| 2010s | 60.0% | 22.7% | 37.3% | Chad |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Chad or Sub-Saharan Africa (excluding high income)?
- Chad, at 60.0% against 22.7% in Sub-Saharan Africa (excluding high income) as of 2012.
- What is the difference in closing a business, cost between Chad and Sub-Saharan Africa (excluding high income)?
- 37.3%, with Chad ahead.
- How many years of comparable data are there for Chad and Sub-Saharan Africa (excluding high income)?
- 10 years are reported by both, from 2003 to 2012.
- How do Chad and Sub-Saharan Africa (excluding high income) rank globally for closing a business, cost?
- Chad ranks 2nd and Sub-Saharan Africa (excluding high income) ranks 3rd 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/.