Closing a business, cost in Tanzania, United Republic of
Tanzania, United Republic of: Closing a business, cost was 22.0% in 2012. ▬ Flat
Closing a business, cost in Tanzania, United Republic of, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of estate.
Analysis
In 2012, closing a business, cost in Tanzania, United Republic of stood at 22.0%. 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 Tanzania, United Republic of peaked at 22.0% in 2003 and was at its lowest, 22.0%, in 2003.
That places Tanzania, United Republic of 13th out of 46 countries with data for 2012, putting it in the middle of the range.
Closing a business, cost in Tanzania, United Republic of, year by year
| Year | % of estate | Change |
|---|---|---|
| 2003 | 22.0% | — |
| 2004 | 22.0% | +0.0% |
| 2005 | 22.0% | +0.0% |
| 2006 | 22.0% | +0.0% |
| 2007 | 22.0% | +0.0% |
| 2008 | 22.0% | +0.0% |
| 2009 | 22.0% | +0.0% |
| 2010 | 22.0% | +0.0% |
| 2011 | 22.0% | +0.0% |
| 2012 | 22.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.0% | 22.0% | 22.0% | 7 |
| 2010s | 22.0% | 22.0% | 22.0% | 3 |
Countries ranked near Tanzania, United Republic of
- 10 Congo, Democratic Republic of the 29.0% compare
- 11 Congo 25.0% compare
- 11 Malawi 25.0% compare
- 13 Angola 22.0% compare
- 13 Benin 22.0% compare
- 13 Egypt 22.0% compare
- 13 Ghana 22.0% compare
- 13 Kenya 22.0% compare
- 13 Nigeria 22.0% compare
- 13 Sao Tome and Principe 22.0% compare
- 13 Zimbabwe 22.0% compare
More private sector data for Tanzania, United Republic of
- Merchandise trade 27.5% (2025)
- Food imports 9.2% (2024)
- Manufactures imports 68.3% (2024)
- Merchandise imports 14.81 billion current US$ (2025)
- Food exports 37.4% (2024)
- Manufactures exports 10.8% (2024)
- Merchandise exports 9.96 billion current US$ (2025)
- Merchandise exports (current US$), per capita 141.13 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1104 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 14.41 % change on previous year (2025)
Frequently asked questions
- What is closing a business, cost in Tanzania, United Republic of?
- Closing a business, cost in Tanzania, United Republic of was 22.0% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest closing a business, cost recorded in Tanzania, United Republic of?
- The highest recorded value was 22.0% in 2003.
- What is the lowest closing a business, cost recorded in Tanzania, United Republic of?
- The lowest recorded value was 22.0% in 2003.
- How does Tanzania, United Republic of rank for closing a business, cost?
- Tanzania, United Republic of ranks 13th out of 46 countries with data for 2012.
- Is closing a business, cost rising or falling in Tanzania, United Republic of?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Tanzania, United Republic of 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/.