Closing a business, cost in North Africa
North Africa: Closing a business, cost was 14.4% in 2012. ▲ Rising
Closing a business, cost in North Africa, 2003–2012
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 North Africa is 14.4%, measured in 2012. That is the highest value across all 10 years on record.
The figure is up 6.7% over ten years.
Over the whole period, closing a business, cost in North Africa peaked at 14.4% in 2005 and was at its lowest, 13.5%, in 2003.
Closing a business, cost in North Africa, year by year
| Year | % of estate | Change |
|---|---|---|
| 2003 | 13.5% | — |
| 2004 | 13.5% | +0.0% |
| 2005 | 14.4% | +6.7% |
| 2006 | 14.4% | +0.0% |
| 2007 | 14.4% | +0.0% |
| 2008 | 14.4% | +0.0% |
| 2009 | 14.4% | +0.0% |
| 2010 | 14.4% | +0.0% |
| 2011 | 14.4% | +0.0% |
| 2012 | 14.4% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.1% | 13.5% | 14.4% | 7 |
| 2010s | 14.4% | 14.4% | 14.4% | 3 |
Countries ranked near North Africa
More private sector data for North Africa
- Minimum capital for starting a business 82.2% (2012)
- Enforcing contracts, cost 25.8% (2012)
- Getting credit, legal rights index 2.6 (2012)
- Cost of registering property 6.5% (2012)
- Closing a business, time 2.96 years (2012)
- Closing a business, recovery rate 32.58 cents on the dollar (2012)
- Protecting investors, director liability index 4 (2012)
- Protecting investors, investor protection index 4.78 (2012)
- Protecting investors, shareholder suits index 4.2 (2012)
- Dealing with construction permits, cost 537.9% (2012)
Frequently asked questions
- What is closing a business, cost in North Africa?
- Closing a business, cost in North Africa was 14.4% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest closing a business, cost recorded in North Africa?
- The highest recorded value was 14.4% in 2005.
- What is the lowest closing a business, cost recorded in North Africa?
- The lowest recorded value was 13.5% in 2003.
- How does North Africa rank for closing a business, cost?
- North Africa ranks 6th out of 6 groups with data for 2012.
- Is closing a business, cost rising or falling in North Africa?
- Over the last ten years it is up 6.7%. The long-run trend across the full record is rising.
- Where does this North Africa 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/.