Sierra Leone vs Uganda: Closing a business, cost
Closing a business, cost over time
- Sierra Leone
- Uganda
How they compare
Sierra Leone currently reports 42.0% against 30.0% in Uganda, a difference of 12.0%.
That makes Sierra Leone's figure about 1.4 times Uganda's.
Across all 10 years both countries report, Sierra Leone has been ahead every year.
Sierra Leone ranks 5th and Uganda ranks 7th of 46 countries.
Sierra Leone has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Sierra Leone | Uganda | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 42.0% | 30.0% | 12.0% | Sierra Leone |
| 2010s | 42.0% | 30.0% | 12.0% | Sierra Leone |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher closing a business, cost, Sierra Leone or Uganda?
- Sierra Leone, at 42.0% against 30.0% in Uganda as of 2012.
- What is the difference in closing a business, cost between Sierra Leone and Uganda?
- 12.0%, with Sierra Leone ahead.
- How many years of comparable data are there for Sierra Leone and Uganda?
- 10 years are reported by both, from 2003 to 2012.
- How do Sierra Leone and Uganda rank globally for closing a business, cost?
- Sierra Leone ranks 5th and Uganda 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/.