Ethiopia vs Namibia: Closing a business, cost
Closing a business, cost over time
- Ethiopia
- Namibia
How they compare
Ethiopia currently reports 15.0% against 15.0% in Namibia, a difference of 0.0%.
Across all 10 years both countries report, Namibia has been ahead every year.
Ethiopia ranks 29th and Namibia ranks 29th of 46 countries.
Head to head by decade
| Decade | Ethiopia | Namibia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.0% | 15.0% | 0.0% | — |
| 2010s | 15.0% | 15.0% | 0.0% | — |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Ethiopia or Namibia?
- Ethiopia, at 15.0% against 15.0% in Namibia as of 2012.
- What is the difference in closing a business, cost between Ethiopia and Namibia?
- 0.0%, with Ethiopia ahead.
- How many years of comparable data are there for Ethiopia and Namibia?
- 10 years are reported by both, from 2003 to 2012.
- How do Ethiopia and Namibia rank globally for closing a business, cost?
- Ethiopia ranks 29th and Namibia ranks 29th 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/.