Closing a business, cost (% of estate) in Togo
Togo: Closing a business, cost (% of estate) was 15.0% in 2012. ▬ Flat
Closing a business, cost in Togo, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of estate.
Analysis
In 2012, closing a business, cost in Togo stood at 15.0%. 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 Togo peaked at 15.0% in 2003 and was at its lowest, 15.0%, in 2003.
That places Togo 29th out of 46 countries with data for 2012, putting it in the middle of the range.
Closing a business, cost (% of estate) in Togo, year by year
| Year | % of estate | Change |
|---|---|---|
| 2003 | 15.0% | — |
| 2004 | 15.0% | +0.0% |
| 2005 | 15.0% | +0.0% |
| 2006 | 15.0% | +0.0% |
| 2007 | 15.0% | +0.0% |
| 2008 | 15.0% | +0.0% |
| 2009 | 15.0% | +0.0% |
| 2010 | 15.0% | +0.0% |
| 2011 | 15.0% | +0.0% |
| 2012 | 15.0% | +0.0% |
Togo compared with similar countries
- Togo's 15.0% is below the median for lower middle income countries, which is 18.0%, 83% of the median. (23 countries reporting)
- Togo's 15.0% is below the median for Sub-Saharan Africa, which is 20.0%, 75% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.0% | 15.0% | 15.0% | 7 |
| 2010s | 15.0% | 15.0% | 15.0% | 3 |
Countries ranked near Togo
More private sector data for Togo
- Merchandise trade 43.7% (2025)
- Food imports 20.6% (2025)
- Manufactures imports 69.0% (2025)
- Merchandise imports 3.40 billion current US$ (2025)
- Commercial service imports 435.35 million current US$ (2020)
- Food exports 34.4% (2025)
- Manufactures exports 35.0% (2025)
- Merchandise exports 1.80 billion current US$ (2025)
- Commercial service exports 479.01 million current US$ (2020)
- Merchandise exports (current US$), per capita 209.51 current US$ per person (2025)
Frequently asked questions
- What is closing a business, cost in Togo?
- Closing a business, cost in Togo was 15.0% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest closing a business, cost recorded in Togo?
- The highest recorded value was 15.0% in 2003.
- What is the lowest closing a business, cost recorded in Togo?
- The lowest recorded value was 15.0% in 2003.
- How does Togo rank for closing a business, cost?
- Togo ranks 29th out of 46 countries with data for 2012.
- Is closing a business, cost rising or falling in Togo?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Togo 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/.