Liberia vs Madagascar: Closing a business, cost
Closing a business, cost over time
- Liberia
- Madagascar
How they compare
Liberia currently reports 43.0% against 30.0% in Madagascar, a difference of 13.0%.
That makes Liberia's figure about 1.4 times Madagascar's.
Across all 7 years both countries report, Liberia has been ahead every year.
Liberia ranks 4th and Madagascar ranks 7th of 46 countries.
Liberia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Liberia | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 43.0% | 30.0% | 13.0% | Liberia |
| 2010s | 43.0% | 30.0% | 13.0% | Liberia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Liberia or Madagascar?
- Liberia, at 43.0% against 30.0% in Madagascar as of 2012.
- What is the difference in closing a business, cost between Liberia and Madagascar?
- 13.0%, with Liberia ahead.
- How many years of comparable data are there for Liberia and Madagascar?
- 7 years are reported by both, from 2006 to 2012.
- How do Liberia and Madagascar rank globally for closing a business, cost?
- Liberia ranks 4th 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/.