Malawi vs Tanzania, United Republic of: Closing a business, cost
Closing a business, cost over time
- Malawi
- Tanzania, United Republic of
How they compare
Malawi currently reports 25.0% against 22.0% in Tanzania, United Republic of, a difference of 3.0%.
That makes Malawi's figure about 1.1 times Tanzania, United Republic of's.
Across all 10 years both countries report, Malawi has been ahead every year.
Malawi ranks 11th and Tanzania, United Republic of ranks 13th of 46 countries.
Malawi has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Malawi | Tanzania, United Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 29.3% | 22.0% | 7.3% | Malawi |
| 2010s | 25.0% | 22.0% | 3.0% | Malawi |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Malawi or Tanzania, United Republic of?
- Malawi, at 25.0% against 22.0% in Tanzania, United Republic of as of 2012.
- What is the difference in closing a business, cost between Malawi and Tanzania, United Republic of?
- 3.0%, with Malawi ahead.
- How many years of comparable data are there for Malawi and Tanzania, United Republic of?
- 10 years are reported by both, from 2003 to 2012.
- How do Malawi and Tanzania, United Republic of rank globally for closing a business, cost?
- Malawi ranks 11th and Tanzania, United Republic of 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/.