Closing a business, cost in Sierra Leone
Sierra Leone: Closing a business, cost was 42.0% in 2012. ▬ Flat
Closing a business, cost in Sierra Leone, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of estate.
Analysis
In 2012, closing a business, cost in Sierra Leone stood at 42.0%. 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 Sierra Leone peaked at 42.0% in 2003 and was at its lowest, 42.0%, in 2003.
That places Sierra Leone 5th out of 46 countries with data for 2012, putting it in the top 10%.
Closing a business, cost in Sierra Leone, year by year
| Year | % of estate | Change |
|---|---|---|
| 2003 | 42.0% | — |
| 2004 | 42.0% | +0.0% |
| 2005 | 42.0% | +0.0% |
| 2006 | 42.0% | +0.0% |
| 2007 | 42.0% | +0.0% |
| 2008 | 42.0% | +0.0% |
| 2009 | 42.0% | +0.0% |
| 2010 | 42.0% | +0.0% |
| 2011 | 42.0% | +0.0% |
| 2012 | 42.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.0% | 42.0% | 42.0% | 7 |
| 2010s | 42.0% | 42.0% | 42.0% | 3 |
Countries ranked near Sierra Leone
More private sector data for Sierra Leone
- Merchandise trade 45.9% (2025)
- Food imports 32.3% (2018)
- Manufactures imports 63.9% (2018)
- Merchandise imports 1.89 billion current US$ (2025)
- Food exports 45.6% (2018)
- Manufactures exports 25.1% (2018)
- Merchandise exports 1.53 billion current US$ (2025)
- Merchandise exports (current US$), per capita 173.93 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2055 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.75 % change on previous year (2025)
Frequently asked questions
- What is closing a business, cost in Sierra Leone?
- Closing a business, cost in Sierra Leone was 42.0% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest closing a business, cost recorded in Sierra Leone?
- The highest recorded value was 42.0% in 2003.
- What is the lowest closing a business, cost recorded in Sierra Leone?
- The lowest recorded value was 42.0% in 2003.
- How does Sierra Leone rank for closing a business, cost?
- Sierra Leone ranks 5th out of 46 countries with data for 2012.
- Is closing a business, cost rising or falling in Sierra Leone?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Sierra Leone 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
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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/.