Closing a business, cost in Liberia
Liberia: Closing a business, cost was 43.0% in 2012. ▬ Flat
Closing a business, cost in Liberia, 2006–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of estate.
Analysis
The most recent figure for closing a business, cost in Liberia is 43.0%, measured in 2012. That is the highest value across all 7 years on record.
That represents a change of unchanged over ten years.
That places Liberia 4th out of 46 countries with data for 2012, putting it in the top 10%.
Closing a business, cost in Liberia, year by year
| Year | % of estate | Change |
|---|---|---|
| 2006 | 43.0% | — |
| 2007 | 43.0% | +0.0% |
| 2008 | 43.0% | +0.0% |
| 2009 | 43.0% | +0.0% |
| 2010 | 43.0% | +0.0% |
| 2011 | 43.0% | +0.0% |
| 2012 | 43.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 43.0% | 43.0% | 43.0% | 4 |
| 2010s | 43.0% | 43.0% | 43.0% | 3 |
Countries ranked near Liberia
More private sector data for Liberia
- Merchandise trade 87.0% (2025)
- Food imports 23.1% (2023)
- Manufactures imports 42.8% (2023)
- Merchandise imports 2.49 billion current US$ (2025)
- Food exports 24.5% (2023)
- Manufactures exports 9.9% (2023)
- Merchandise exports 2.07 billion current US$ (2025)
- Merchandise exports (current US$), per capita 360.83 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3942 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 57.86 % change on previous year (2025)
Frequently asked questions
- What is closing a business, cost in Liberia?
- Closing a business, cost in Liberia was 43.0% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest closing a business, cost recorded in Liberia?
- The highest recorded value was 43.0% in 2006.
- What is the lowest closing a business, cost recorded in Liberia?
- The lowest recorded value was 43.0% in 2006.
- How does Liberia rank for closing a business, cost?
- Liberia ranks 4th out of 46 countries with data for 2012.
- Is closing a business, cost rising or falling in Liberia?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Liberia 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/.