Closing a business, cost in Burkina Faso
Burkina Faso: Closing a business, cost was 9.0% in 2012. ▬ Flat
Closing a business, cost in Burkina Faso, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of estate.
Analysis
In 2012, closing a business, cost in Burkina Faso stood at 9.0%. That is the highest value across all 10 years on record.
That represents a change of unchanged over ten years.
Over the whole period, closing a business, cost in Burkina Faso peaked at 9.0% in 2003 and was at its lowest, 9.0%, in 2003.
Burkina Faso ranks 38th of 46 countries on this measure, in the bottom quarter.
Closing a business, cost in Burkina Faso, year by year
| Year | % of estate | Change |
|---|---|---|
| 2003 | 9.0% | — |
| 2004 | 9.0% | +0.0% |
| 2005 | 9.0% | +0.0% |
| 2006 | 9.0% | +0.0% |
| 2007 | 9.0% | +0.0% |
| 2008 | 9.0% | +0.0% |
| 2009 | 9.0% | +0.0% |
| 2010 | 9.0% | +0.0% |
| 2011 | 9.0% | +0.0% |
| 2012 | 9.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.0% | 9.0% | 9.0% | 7 |
| 2010s | 9.0% | 9.0% | 9.0% | 3 |
Countries ranked near Burkina Faso
- 37 Seychelles 11.0% compare
- 38 Mauritania 9.0% compare
- 38 Mozambique 9.0% compare
- 38 Zambia 9.0% compare
More private sector data for Burkina Faso
- Merchandise trade 67.5% (2025)
- Food imports 11.2% (2024)
- Manufactures imports 46.9% (2024)
- Merchandise imports 7.57 billion current US$ (2025)
- Food exports 7.1% (2024)
- Manufactures exports 2.7% (2024)
- Merchandise exports 11.08 billion current US$ (2025)
- Merchandise exports (current US$), per capita 460.07 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4009 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 96.38 % change on previous year (2025)
Frequently asked questions
- What is closing a business, cost in Burkina Faso?
- Closing a business, cost in Burkina Faso was 9.0% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest closing a business, cost recorded in Burkina Faso?
- The highest recorded value was 9.0% in 2003.
- What is the lowest closing a business, cost recorded in Burkina Faso?
- The lowest recorded value was 9.0% in 2003.
- How does Burkina Faso rank for closing a business, cost?
- Burkina Faso ranks 38th out of 46 countries with data for 2012.
- Is closing a business, cost rising or falling in Burkina Faso?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Burkina Faso 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.
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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/.