Closing a business, cost in Senegal

Senegal: Closing a business, cost was 7.0% in 2012. ▬ Flat

Latest (2012)
7.0%
Change on year
unchanged
World rank
44th
of 46 countries
All-time high
7.0%
in 2003
All-time low
7.0%
in 2003
Years of data
10
2003–2012

Closing a business, cost in Senegal, 2003–2012

024682003200720122003: 7 % of estate2004: 7 % of estate2005: 7 % of estate2006: 7 % of estate2007: 7 % of estate2008: 7 % of estate2009: 7 % of estate2010: 7 % of estate2011: 7 % of estate2012: 7 % of estate

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

Analysis

Senegal recorded 7.0% 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 Senegal peaked at 7.0% in 2003 and was at its lowest, 7.0%, in 2003.

Senegal ranks 44th of 46 countries on this measure, in the bottom quarter.

Closing a business, cost in Senegal, year by year

Annual values for Closing a business, cost (% of estate) in Senegal, 2003 to 2012.
Year % of estate Change
2003 7.0%
2004 7.0% +0.0%
2005 7.0% +0.0%
2006 7.0% +0.0%
2007 7.0% +0.0%
2008 7.0% +0.0%
2009 7.0% +0.0%
2010 7.0% +0.0%
2011 7.0% +0.0%
2012 7.0% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.0% 7.0% 7.0% 7
2010s 7.0% 7.0% 7.0% 3

Countries ranked near Senegal

  1. 42 Guinea 8.0% compare
  2. 42 Lesotho 8.0% compare
  3. 44 Algeria 7.0% compare
  4. 44 Tunisia 7.0% compare

See the full ranking of 52 places →

More private sector data for Senegal

All data for Senegal →

Frequently asked questions

What is closing a business, cost in Senegal?
Closing a business, cost in Senegal was 7.0% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
What is the highest closing a business, cost recorded in Senegal?
The highest recorded value was 7.0% in 2003.
What is the lowest closing a business, cost recorded in Senegal?
The lowest recorded value was 7.0% in 2003.
How does Senegal rank for closing a business, cost?
Senegal ranks 44th out of 46 countries with data for 2012.
Is closing a business, cost rising or falling in Senegal?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Senegal 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 Senegal. Statizoid, drawing on World Bank, Doing Business project (http://www.doingbusiness.org/). Retrieved 02 September 2026, from https://private-sector.statizoid.com/stat/closing-a-business-cost-percent-of-estate/senegal/

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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/.