Closing a business, cost in Namibia
Namibia: Closing a business, cost was 15.0% in 2012. ▬ Flat
Closing a business, cost in Namibia, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of estate.
Analysis
In 2012, closing a business, cost in Namibia stood at 15.0%. That is the highest value across all 10 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, closing a business, cost in Namibia peaked at 15.0% in 2003 and was at its lowest, 15.0%, in 2003.
That places Namibia 29th out of 46 countries with data for 2012, putting it in the middle of the range.
Closing a business, cost in Namibia, 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 | 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.0% | 15.0% | 15.0% | 7 |
| 2010s | 15.0% | 15.0% | 15.0% | 3 |
Countries ranked near Namibia
More private sector data for Namibia
- Merchandise trade 102.4% (2025)
- Food imports 13.2% (2024)
- Manufactures imports 60.4% (2024)
- Merchandise imports 8.43 billion current US$ (2025)
- Food exports 28.0% (2024)
- Manufactures exports 18.4% (2024)
- Merchandise exports 7.02 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,271 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4658 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.33 % change on previous year (2025)
Frequently asked questions
- What is closing a business, cost in Namibia?
- Closing a business, cost in Namibia 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 Namibia?
- The highest recorded value was 15.0% in 2003.
- What is the lowest closing a business, cost recorded in Namibia?
- The lowest recorded value was 15.0% in 2003.
- How does Namibia rank for closing a business, cost?
- Namibia ranks 29th out of 46 countries with data for 2012.
- Is closing a business, cost rising or falling in Namibia?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Namibia 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/.