Congo, Democratic Republic of the vs Madagascar: Closing a business, cost
Closing a business, cost over time
- Congo, Democratic Republic of the
- Madagascar
How they compare
Madagascar currently reports 30.0% against 29.0% in Congo, Democratic Republic of the, a difference of 1.0%.
Across all 10 years both countries report, Madagascar has been ahead every year.
Congo, Democratic Republic of the ranks 10th and Madagascar ranks 7th of 46 countries.
Madagascar has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Congo, Democratic Republic of the | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 29.0% | 30.0% | 1.0% | Madagascar |
| 2010s | 29.0% | 30.0% | 1.0% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Congo, Democratic Republic of the or Madagascar?
- Madagascar, at 30.0% against 29.0% in Congo, Democratic Republic of the as of 2012.
- What is the difference in closing a business, cost between Congo, Democratic Republic of the and Madagascar?
- 1.0%, with Madagascar ahead.
- How many years of comparable data are there for Congo, Democratic Republic of the and Madagascar?
- 10 years are reported by both, from 2003 to 2012.
- How do Congo, Democratic Republic of the and Madagascar rank globally for closing a business, cost?
- Congo, Democratic Republic of the ranks 10th 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/.