Closing a business, recovery rate in Burkina Faso
Burkina Faso: Closing a business, recovery rate was 27.3 cents on the dollar in 2012. ▲ Rising
Closing a business, recovery rate in Burkina Faso, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in cents on the dollar.
Analysis
Burkina Faso recorded 27.3 cents on the dollar for closing a business, recovery rate in 2012. That is the highest value across all 10 years on record.
That represents a change of up 333.3% over ten years.
Over the whole period, closing a business, recovery rate in Burkina Faso peaked at 27.3 cents on the dollar in 2011 and was at its lowest, 6.3 cents on the dollar, in 2003.
Burkina Faso ranks 20th of 46 countries on this measure, in the middle of the range.
Closing a business, recovery rate in Burkina Faso, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 6.3 cents on the dollar | — |
| 2004 | 10.7 cents on the dollar | +69.8% |
| 2005 | 6.3 cents on the dollar | -41.1% |
| 2006 | 26.4 cents on the dollar | +319.0% |
| 2007 | 25.6 cents on the dollar | -3.0% |
| 2008 | 21.7 cents on the dollar | -15.2% |
| 2009 | 21.7 cents on the dollar | +0.0% |
| 2010 | 26.8 cents on the dollar | +23.5% |
| 2011 | 27.3 cents on the dollar | +1.9% |
| 2012 | 27.3 cents on the dollar | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.96 cents on the dollar | 6.3 cents on the dollar | 26.4 cents on the dollar | 7 |
| 2010s | 27.13 cents on the dollar | 26.8 cents on the dollar | 27.3 cents on the dollar | 3 |
Countries ranked near Burkina Faso
More private sector data for Burkina Faso
- Merchandise trade 67.5% (2025)
- Food imports 11.2% (2024)
- Manufactures imports 46.9% (2024)
- Merchandise imports 7.57 billion current US$ (2025)
- Food exports 7.1% (2024)
- Manufactures exports 2.7% (2024)
- Merchandise exports 11.08 billion current US$ (2025)
- Merchandise exports (current US$), per capita 460.07 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4009 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 96.38 % change on previous year (2025)
Frequently asked questions
- What is closing a business, recovery rate in Burkina Faso?
- Closing a business, recovery rate in Burkina Faso was 27.3 cents on the dollar in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest closing a business, recovery rate recorded in Burkina Faso?
- The highest recorded value was 27.3 cents on the dollar in 2011.
- What is the lowest closing a business, recovery rate recorded in Burkina Faso?
- The lowest recorded value was 6.3 cents on the dollar in 2003.
- How does Burkina Faso rank for closing a business, recovery rate?
- Burkina Faso ranks 20th out of 46 countries with data for 2012.
- Is closing a business, recovery rate rising or falling in Burkina Faso?
- Over the last ten years it is up 333.3%. The long-run trend across the full record is rising.
- Where does this Burkina Faso data come from?
- The figures come from World Bank, Doing Business project (http://www.doingbusiness.org/), published as part of Closing a business, recovery rate (cents on the dollar). 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 recovery rate is recorded as cents on the dollar recouped by creditors through the bankruptcy or insolvency proceedings. The calculation takes into account whether the business emerges from the proceedings as a going concern as well as costs and the loss in value due to the time spent closing down. If the business keeps operating, no value is lost on the initial claim, set at 100 cents on the dollar. If it does not, the initial 100 cents on the dollar are reduced to 70 cents on the dollar. Then the official costs of the insolvency procedure are deducted (1 cent for each percentage of the initial value). Finally, the value lost as a result of the time the money remains tied up in insolvency proceedings is taken into account, including the loss of value due to depreciation of the hotel furniture. Consistent with international accounting practice, the depreciation rate for furniture is taken to be 20%. The furniture is assumed to account for a quarter of the total value of assets. The recovery rate is the present value of the remaining proceeds, based on end-2006 lending rates from the International Monetary Fund’s International Financial Statistics, supplemented with data from central banks. For more information, visit http://www.doingbusiness.org/MethodologySurveys/.