Closing a business, recovery rate in Burundi
Burundi: Closing a business, recovery rate was 8 cents on the dollar in 2012. ▲ Rising
Closing a business, recovery rate in Burundi, 2005–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in cents on the dollar.
Analysis
Burundi recorded 8 cents on the dollar for closing a business, recovery rate in 2012.
The figure is down 4.8% on the previous year and up 25.0% over ten years.
That places Burundi 39th out of 46 countries with data for 2012, putting it in the bottom quarter.
Closing a business, recovery rate in Burundi, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2005 | 6.4 cents on the dollar | — |
| 2006 | 6.8 cents on the dollar | +6.2% |
| 2007 | 7 cents on the dollar | +2.9% |
| 2008 | 6.8 cents on the dollar | -2.9% |
| 2009 | 6.8 cents on the dollar | +0.0% |
| 2010 | 8.1 cents on the dollar | +19.1% |
| 2011 | 8.4 cents on the dollar | +3.7% |
| 2012 | 8 cents on the dollar | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.76 cents on the dollar | 6.4 cents on the dollar | 7 cents on the dollar | 5 |
| 2010s | 8.17 cents on the dollar | 8 cents on the dollar | 8.4 cents on the dollar | 3 |
Countries ranked near Burundi
- 36 Mauritania 10.3 cents on the dollar compare
- 37 Sierra Leone 9.2 cents on the dollar compare
- 38 Liberia 8.5 cents on the dollar compare
- 39 Angola 8 cents on the dollar compare
- 41 Sao Tome and Principe 5.2 cents on the dollar compare
- 42 Rwanda 3.1 cents on the dollar compare
More private sector data for Burundi
- Merchandise trade 45.2% (2025)
- Food imports 13.7% (2023)
- Manufactures imports 61.1% (2023)
- Merchandise imports 1.19 billion current US$ (2025)
- Food exports 46.0% (2023)
- Manufactures exports 15.2% (2023)
- Merchandise exports 332.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 23.07 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0987 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 89.71 % change on previous year (2025)
Frequently asked questions
- What is closing a business, recovery rate in Burundi?
- Closing a business, recovery rate in Burundi was 8 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 Burundi?
- The highest recorded value was 8.4 cents on the dollar in 2011.
- What is the lowest closing a business, recovery rate recorded in Burundi?
- The lowest recorded value was 6.4 cents on the dollar in 2005.
- How does Burundi rank for closing a business, recovery rate?
- Burundi ranks 39th out of 46 countries with data for 2012.
- Is closing a business, recovery rate rising or falling in Burundi?
- Over the last ten years it is up 25.0%. The long-run trend across the full record is rising.
- Where does this Burundi 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.
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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/.