Gabon vs Gambia: Closing a business, cost
Closing a business, cost over time
- Gabon
- Gambia
How they compare
Gabon currently reports 15.0% against 15.0% in Gambia, a difference of 0.0%.
Across all 8 years both countries report, Gambia has been ahead every year.
Gabon ranks 29th and Gambia ranks 29th of 46 countries.
Head to head by decade
| Decade | Gabon | Gambia | 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, Gabon or Gambia?
- Gabon, at 15.0% against 15.0% in Gambia as of 2012.
- What is the difference in closing a business, cost between Gabon and Gambia?
- 0.0%, with Gabon ahead.
- How many years of comparable data are there for Gabon and Gambia?
- 8 years are reported by both, from 2005 to 2012.
- How do Gabon and Gambia rank globally for closing a business, cost?
- Gabon ranks 29th and Gambia 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/.