Closing a business, cost in Sub-Saharan Africa
Sub-Saharan Africa: Closing a business, cost was 22.7% in 2012. ▬ Flat
Closing a business, cost in Sub-Saharan Africa, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of estate.
Analysis
Sub-Saharan Africa recorded 22.7% for closing a business, cost in 2012.
Compared with earlier readings it is down 2.2% over ten years.
Over the whole period, closing a business, cost in Sub-Saharan Africa peaked at 23.2% in 2003 and was at its lowest, 22.2%, in 2005.
Closing a business, cost in Sub-Saharan Africa, year by year
| Year | % of estate | Change |
|---|---|---|
| 2003 | 23.2% | — |
| 2004 | 22.9% | -1.6% |
| 2005 | 22.2% | -3.1% |
| 2006 | 22.7% | +2.3% |
| 2007 | 22.7% | +0.0% |
| 2008 | 22.9% | +0.8% |
| 2009 | 22.7% | -0.5% |
| 2010 | 22.7% | +0.0% |
| 2011 | 22.7% | +0.0% |
| 2012 | 22.7% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.8% | 22.2% | 23.2% | 7 |
| 2010s | 22.7% | 22.7% | 22.7% | 3 |
Countries ranked near Sub-Saharan Africa
More private sector data for Sub-Saharan Africa
- Merchandise trade 44.5% (2025)
- Food imports 12.1% (2024)
- Manufactures imports 56.8% (2024)
- Merchandise imports 501.15 billion current US$ (2025)
- Food exports 14.7% (2024)
- Manufactures exports 19.4% (2024)
- Merchandise exports 486.80 billion current US$ (2025)
- Merchandise exports (current US$), per capita 368.33 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2201 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 11.24 % change on previous year (2025)
Frequently asked questions
- What is closing a business, cost in Sub-Saharan Africa?
- Closing a business, cost in Sub-Saharan Africa was 22.7% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest closing a business, cost recorded in Sub-Saharan Africa?
- The highest recorded value was 23.2% in 2003.
- What is the lowest closing a business, cost recorded in Sub-Saharan Africa?
- The lowest recorded value was 22.2% in 2005.
- How does Sub-Saharan Africa rank for closing a business, cost?
- Sub-Saharan Africa ranks 3rd out of 6 groups with data for 2012.
- Is closing a business, cost rising or falling in Sub-Saharan Africa?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is flat.
- Where does this Sub-Saharan 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.
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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/.