Madagascar vs North Africa: Closing a business, cost
Closing a business, cost over time
- Madagascar
- North Africa
How they compare
Madagascar currently reports 30.0% against 14.4% in North Africa, a difference of 15.6%.
That makes Madagascar's figure about 2.1 times North Africa's.
Across all 10 years both countries report, Madagascar has been ahead every year.
Madagascar ranks 7th and North Africa ranks 6th of 46 countries.
Madagascar has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Madagascar | North Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 30.0% | 14.1% | 15.9% | Madagascar |
| 2010s | 30.0% | 14.4% | 15.6% | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Madagascar or North Africa?
- Madagascar, at 30.0% against 14.4% in North Africa as of 2012.
- What is the difference in closing a business, cost between Madagascar and North Africa?
- 15.6%, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and North Africa?
- 10 years are reported by both, from 2003 to 2012.
- How do Madagascar and North Africa rank globally for closing a business, cost?
- Madagascar ranks 7th and North Africa ranks 6th 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/.