Closing a business, cost in Madagascar
Madagascar: Closing a business, cost was 30.0% in 2012. ▬ Flat
Closing a business, cost in Madagascar, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of estate.
Analysis
Madagascar recorded 30.0% for closing a business, cost in 2012. That is the highest value across all 10 years on record.
The figure is unchanged over ten years.
Over the whole period, closing a business, cost in Madagascar peaked at 30.0% in 2003 and was at its lowest, 30.0%, in 2003.
That places Madagascar 7th out of 46 countries with data for 2012, putting it in the top quarter.
Closing a business, cost in Madagascar, year by year
| Year | % of estate | Change |
|---|---|---|
| 2003 | 30.0% | — |
| 2004 | 30.0% | +0.0% |
| 2005 | 30.0% | +0.0% |
| 2006 | 30.0% | +0.0% |
| 2007 | 30.0% | +0.0% |
| 2008 | 30.0% | +0.0% |
| 2009 | 30.0% | +0.0% |
| 2010 | 30.0% | +0.0% |
| 2011 | 30.0% | +0.0% |
| 2012 | 30.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.0% | 30.0% | 30.0% | 7 |
| 2010s | 30.0% | 30.0% | 30.0% | 3 |
Countries ranked near Madagascar
More private sector data for Madagascar
- Merchandise trade 39.4% (2025)
- Food imports 18.4% (2024)
- Manufactures imports 58.9% (2024)
- Merchandise imports 5.24 billion current US$ (2025)
- Food exports 30.5% (2024)
- Manufactures exports 32.3% (2024)
- Merchandise exports 2.50 billion current US$ (2025)
- Merchandise exports (current US$), per capita 76.3 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1273 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -3.25 % change on previous year (2025)
Frequently asked questions
- What is closing a business, cost in Madagascar?
- Closing a business, cost in Madagascar was 30.0% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest closing a business, cost recorded in Madagascar?
- The highest recorded value was 30.0% in 2003.
- What is the lowest closing a business, cost recorded in Madagascar?
- The lowest recorded value was 30.0% in 2003.
- How does Madagascar rank for closing a business, cost?
- Madagascar ranks 7th out of 46 countries with data for 2012.
- Is closing a business, cost rising or falling in Madagascar?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Madagascar 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
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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/.