Democratic Republic of Congo vs Malawi: Closing a business, cost (% of estate)
Closing a business, cost (% of estate) over time
- Democratic Republic of Congo
- Malawi
How they compare
Democratic Republic of Congo currently reports 29.0% against 25.0% in Malawi, a difference of 4.0%.
That makes Democratic Republic of Congo's figure about 1.2 times Malawi's.
The two have swapped places 1 time across 10 shared years of data; in 2003 it was Malawi ahead.
Democratic Republic of Congo ranks 10th and Malawi ranks 11th of 46 countries.
Across the 2 decades both report, Democratic Republic of Congo averaged higher in 1 and Malawi in 1.
Head to head by decade
| Decade | Democratic Republic of Congo | Malawi | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 29.0% | 29.3% | 0.3% | Malawi |
| 2010s | 29.0% | 25.0% | 4.0% | Democratic Republic of Congo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Democratic Republic of Congo or Malawi?
- Democratic Republic of Congo, at 29.0% against 25.0% in Malawi as of 2012.
- What is the difference in closing a business, cost between Democratic Republic of Congo and Malawi?
- 4.0%, with Democratic Republic of Congo ahead.
- How many years of comparable data are there for Democratic Republic of Congo and Malawi?
- 10 years are reported by both, from 2003 to 2012.
- How do Democratic Republic of Congo and Malawi rank globally for closing a business, cost?
- Democratic Republic of Congo ranks 10th and Malawi ranks 11th 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/.