Kenya vs Zimbabwe: Closing a business, cost
Closing a business, cost over time
- Kenya
- Zimbabwe
How they compare
Kenya currently reports 22.0% against 22.0% in Zimbabwe, a difference of 0.0%.
Across all 10 years both countries report, Zimbabwe has been ahead every year.
Kenya ranks 13th and Zimbabwe ranks 13th of 46 countries.
Head to head by decade
| Decade | Kenya | Zimbabwe | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 22.0% | 22.0% | 0.0% | — |
| 2010s | 22.0% | 22.0% | 0.0% | — |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Kenya or Zimbabwe?
- Kenya, at 22.0% against 22.0% in Zimbabwe as of 2012.
- What is the difference in closing a business, cost between Kenya and Zimbabwe?
- 0.0%, with Kenya ahead.
- How many years of comparable data are there for Kenya and Zimbabwe?
- 10 years are reported by both, from 2003 to 2012.
- How do Kenya and Zimbabwe rank globally for closing a business, cost?
- Kenya ranks 13th and Zimbabwe ranks 13th 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/.