Closing a business, cost in Ethiopia

Ethiopia: Closing a business, cost was 15.0% in 2012. ▬ Flat

Latest (2012)
15.0%
Change on year
unchanged
World rank
29th
of 46 countries
All-time high
15.0%
in 2003
All-time low
15.0%
in 2003
Years of data
10
2003–2012

Closing a business, cost in Ethiopia, 2003–2012

0510152003200720122003: 15 % of estate2004: 15 % of estate2005: 15 % of estate2006: 15 % of estate2007: 15 % of estate2008: 15 % of estate2009: 15 % of estate2010: 15 % of estate2011: 15 % of estate2012: 15 % of estate

Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of estate.

Analysis

Ethiopia recorded 15.0% for closing a business, cost in 2012. 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 Ethiopia peaked at 15.0% in 2003 and was at its lowest, 15.0%, in 2003.

That places Ethiopia 29th out of 46 countries with data for 2012, putting it in the middle of the range.

Closing a business, cost in Ethiopia, year by year

Annual values for Closing a business, cost (% of estate) in Ethiopia, 2003 to 2012.
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 15.0% +0.0%
2009 15.0% +0.0%
2010 15.0% +0.0%
2011 15.0% +0.0%
2012 15.0% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.0% 15.0% 15.0% 7
2010s 15.0% 15.0% 15.0% 3

Countries ranked near Ethiopia

  1. 29 Botswana 15.0% compare
  2. 29 Gabon 15.0% compare
  3. 29 Gambia 15.0% compare
  4. 29 Mauritius 15.0% compare
  5. 29 Namibia 15.0% compare
  6. 29 Eswatini 15.0% compare
  7. 29 Togo 15.0% compare

See the full ranking of 52 places →

More private sector data for Ethiopia

All data for Ethiopia →

Frequently asked questions

What is closing a business, cost in Ethiopia?
Closing a business, cost in Ethiopia was 15.0% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
What is the highest closing a business, cost recorded in Ethiopia?
The highest recorded value was 15.0% in 2003.
What is the lowest closing a business, cost recorded in Ethiopia?
The lowest recorded value was 15.0% in 2003.
How does Ethiopia rank for closing a business, cost?
Ethiopia ranks 29th out of 46 countries with data for 2012.
Is closing a business, cost rising or falling in Ethiopia?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Ethiopia 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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Closing a business, cost in Ethiopia. Statizoid, drawing on World Bank, Doing Business project (http://www.doingbusiness.org/). Retrieved 04 September 2026, from https://private-sector.statizoid.com/stat/closing-a-business-cost-percent-of-estate/ethiopia/

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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/.