Closing a business, cost (% of estate) by country

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...

Countries reporting
46
Highest
76.0%
Central African Republic
Lowest
7.0%
Senegal
Median
18.0%
Years covered
10
2003–2012
Data points
502

What the numbers show

Closing a business, cost (% of estate) is currently reported for 46 countries. The highest value is 76.0% in Central African Republic; the lowest is 7.0% in Senegal.

The median across all reporting countries is 18.0%, and the mean is 21.8%.

The gap between the highest and lowest reporting country is a factor of about 11.

Over the past decade 1 countries rose and 1 fell. The largest increase was in Benin (up 46.7%), and the largest decrease in Malawi (down 16.7%).

Closing a business, cost: full country ranking

#Country LatestYear 10-year changeTrend
1 Central African Republic 76.0% 2012 unchanged flat
2 Chad 60.0% 2012 unchanged flat
3 Rwanda 50.0% 2012 unchanged flat
4 Liberia 43.0% 2012 unchanged flat
5 Sierra Leone 42.0% 2012 unchanged flat
6 Cameroon 34.0% 2012 unchanged flat
7 Uganda 30.0% 2012 unchanged flat
7 Burundi 30.0% 2012 unchanged flat
7 Madagascar 30.0% 2012 unchanged flat
10 Democratic Republic of Congo 29.0% 2012 unchanged flat
11 Congo 25.0% 2012 unchanged flat
11 Malawi 25.0% 2012 down 16.7% falling
13 Sao Tome and Principe 22.0% 2012 unchanged flat
13 Tanzania 22.0% 2012 unchanged flat
13 Zimbabwe 22.0% 2012 unchanged flat
13 Nigeria 22.0% 2012 unchanged flat
13 Angola 22.0% 2012 unchanged flat
13 Benin 22.0% 2012 up 46.7% rising
13 Egypt 22.0% 2012 unchanged flat
13 Kenya 22.0% 2012 unchanged flat
13 Ghana 22.0% 2012 unchanged flat
22 Sudan 20.0% 2012 unchanged flat
23 Mali 18.0% 2012 unchanged flat
23 South Africa 18.0% 2012 unchanged flat
23 Cote d'Ivoire 18.0% 2012 unchanged flat
23 Djibouti 18.0% 2012 unchanged flat
23 Morocco 18.0% 2012 unchanged flat
23 Niger 18.0% 2012 unchanged flat
29 Botswana 15.0% 2012 unchanged flat
29 Namibia 15.0% 2012 unchanged flat
29 Gabon 15.0% 2012 unchanged flat
29 Ethiopia 15.0% 2012 unchanged flat
29 Togo 15.0% 2012 unchanged flat
29 Eswatini 15.0% 2012 unchanged flat
29 Mauritius 15.0% 2012 unchanged flat
29 Gambia 15.0% 2012 unchanged flat
37 Seychelles 11.0% 2012 unchanged flat
38 Mauritania 9.0% 2012 unchanged flat
38 Burkina Faso 9.0% 2012 unchanged flat
38 Mozambique 9.0% 2012 unchanged flat
38 Zambia 9.0% 2012 unchanged flat
42 Lesotho 8.0% 2012 unchanged flat
42 Guinea 8.0% 2012 unchanged flat
44 Algeria 7.0% 2012 unchanged flat
44 Tunisia 7.0% 2012 unchanged flat
44 Senegal 7.0% 2012 unchanged flat

Regions and income groups

Aggregates are excluded from the country ranking above so that a region can never outrank a country.

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Closing a business, cost by country. Statizoid, drawing on World Bank, Doing Business project (http://www.doingbusiness.org/). Retrieved 28 August 2026, from https://private-sector.statizoid.com/stat/closing-a-business-cost-percent-of-estate/

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About this data

Indicator
Closing a business, cost (% of estate)
Unit
% of estate
Source
World Bank, Doing Business project (http://www.doingbusiness.org/)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
52 places, 502 data points, 2003–2012
Last refreshed

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/.