Closing a business, cost in Benin
Benin: Closing a business, cost was 22.0% in 2012. ▲ Rising
Closing a business, cost in Benin, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of estate.
Analysis
In 2012, closing a business, cost in Benin stood at 22.0%. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 46.7% over ten years.
Over the whole period, closing a business, cost in Benin peaked at 22.0% in 2008 and was at its lowest, 15.0%, in 2003.
Benin ranks 13th of 46 countries on this measure, in the middle of the range.
Closing a business, cost in Benin, year by year
| Year | % of estate | Change |
|---|---|---|
| 2003 | 15.0% | — |
| 2004 | 15.0% | +0.0% |
| 2005 | 15.0% | +0.0% |
| 2006 | 15.0% | +0.0% |
| 2007 | 15.0% | +0.0% |
| 2008 | 22.0% | +46.7% |
| 2009 | 22.0% | +0.0% |
| 2010 | 22.0% | +0.0% |
| 2011 | 22.0% | +0.0% |
| 2012 | 22.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.0% | 15.0% | 22.0% | 7 |
| 2010s | 22.0% | 22.0% | 22.0% | 3 |
Countries ranked near Benin
- 10 Democratic Republic of Congo 29.0% compare
- 11 Congo 25.0% compare
- 11 Malawi 25.0% compare
- 13 Angola 22.0% compare
- 13 Egypt 22.0% compare
- 13 Ghana 22.0% compare
- 13 Kenya 22.0% compare
- 13 Nigeria 22.0% compare
- 13 Sao Tome and Principe 22.0% compare
- 13 Tanzania 22.0% compare
- 13 Zimbabwe 22.0% compare
More private sector data for Benin
- Merchandise trade 36.4% (2025)
- Food imports 33.3% (2024)
- Manufactures imports 50.1% (2024)
- Merchandise imports 4.95 billion current US$ (2025)
- Food exports 39.7% (2024)
- Manufactures exports 7.4% (2024)
- Merchandise exports 3.99 billion current US$ (2025)
- Merchandise exports (current US$), per capita 269.2 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1623 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -0.8946 % change on previous year (2025)
Frequently asked questions
- What is closing a business, cost in Benin?
- Closing a business, cost in Benin was 22.0% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest closing a business, cost recorded in Benin?
- The highest recorded value was 22.0% in 2008.
- What is the lowest closing a business, cost recorded in Benin?
- The lowest recorded value was 15.0% in 2003.
- How does Benin rank for closing a business, cost?
- Benin ranks 13th out of 46 countries with data for 2012.
- Is closing a business, cost rising or falling in Benin?
- Over the last ten years it is up 46.7%. The long-run trend across the full record is rising.
- Where does this Benin data come from?
- The figures come from World Bank, Doing Business project (http://www.doingbusiness.org/), published as part of Closing a business, cost (% of estate). Statizoid updates them automatically from the source API.
Download this data
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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/.