Closing a business, cost in South Africa
South Africa: Closing a business, cost was 18.0% in 2012. ▬ Flat
Closing a business, cost in South 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 South Africa is 18.0%, measured in 2012. That is the highest value across all 10 years on record.
That represents a change of unchanged over ten years.
Over the whole period, closing a business, cost in South Africa peaked at 18.0% in 2003 and was at its lowest, 18.0%, in 2003.
South Africa ranks 23rd of 46 countries on this measure, in the middle of the range.
Closing a business, cost in South Africa, year by year
| Year | % of estate | Change |
|---|---|---|
| 2003 | 18.0% | — |
| 2004 | 18.0% | +0.0% |
| 2005 | 18.0% | +0.0% |
| 2006 | 18.0% | +0.0% |
| 2007 | 18.0% | +0.0% |
| 2008 | 18.0% | +0.0% |
| 2009 | 18.0% | +0.0% |
| 2010 | 18.0% | +0.0% |
| 2011 | 18.0% | +0.0% |
| 2012 | 18.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.0% | 18.0% | 18.0% | 7 |
| 2010s | 18.0% | 18.0% | 18.0% | 3 |
Countries ranked near South Africa
More private sector data for South Africa
- Merchandise trade 57.2% (2025)
- Food imports 7.2% (2025)
- Manufactures imports 62.1% (2025)
- Merchandise imports 128.08 billion current US$ (2025)
- Food exports 12.8% (2025)
- Manufactures exports 38.3% (2025)
- Merchandise exports 116.40 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,798 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2725 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 5.74 % change on previous year (2025)
Frequently asked questions
- What is closing a business, cost in South Africa?
- Closing a business, cost in South Africa was 18.0% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest closing a business, cost recorded in South Africa?
- The highest recorded value was 18.0% in 2003.
- What is the lowest closing a business, cost recorded in South Africa?
- The lowest recorded value was 18.0% in 2003.
- How does South Africa rank for closing a business, cost?
- South Africa ranks 23rd out of 46 countries with data for 2012.
- Is closing a business, cost rising or falling in South Africa?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this South 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/.