Closing a business, recovery rate in Cameroon
Cameroon: Closing a business, recovery rate was 13.6 cents on the dollar in 2012. ▲ Rising
Closing a business, recovery rate in Cameroon, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in cents on the dollar.
Analysis
In 2012, closing a business, recovery rate in Cameroon stood at 13.6 cents on the dollar. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 11.5% over ten years.
Over the whole period, closing a business, recovery rate in Cameroon peaked at 13.6 cents on the dollar in 2010 and was at its lowest, 12.2 cents on the dollar, in 2003.
That places Cameroon 34th out of 46 countries with data for 2012, putting it in the middle of the range.
Closing a business, recovery rate in Cameroon, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 12.2 cents on the dollar | — |
| 2004 | 12.2 cents on the dollar | +0.0% |
| 2005 | 12.2 cents on the dollar | +0.0% |
| 2006 | 12.6 cents on the dollar | +3.3% |
| 2007 | 13.3 cents on the dollar | +5.6% |
| 2008 | 13.3 cents on the dollar | +0.0% |
| 2009 | 13.3 cents on the dollar | +0.0% |
| 2010 | 13.6 cents on the dollar | +2.3% |
| 2011 | 13.6 cents on the dollar | +0.0% |
| 2012 | 13.6 cents on the dollar | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.73 cents on the dollar | 12.2 cents on the dollar | 13.3 cents on the dollar | 7 |
| 2010s | 13.6 cents on the dollar | 13.6 cents on the dollar | 13.6 cents on the dollar | 3 |
Countries ranked near Cameroon
- 31 Djibouti 16.5 cents on the dollar compare
- 32 Gabon 15.2 cents on the dollar compare
- 33 Mozambique 15 cents on the dollar compare
- 35 Madagascar 12.9 cents on the dollar compare
- 36 Mauritania 10.3 cents on the dollar compare
- 37 Sierra Leone 9.2 cents on the dollar compare
More private sector data for Cameroon
- Merchandise trade 24.6% (2025)
- Food imports 21.7% (2023)
- Manufactures imports 51.6% (2023)
- Merchandise imports 9.40 billion current US$ (2025)
- Food exports 22.8% (2023)
- Manufactures exports 6.0% (2023)
- Merchandise exports 5.10 billion current US$ (2025)
- Merchandise exports (current US$), per capita 170.69 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0865 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -4.92 % change on previous year (2025)
Frequently asked questions
- What is closing a business, recovery rate in Cameroon?
- Closing a business, recovery rate in Cameroon was 13.6 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 Cameroon?
- The highest recorded value was 13.6 cents on the dollar in 2010.
- What is the lowest closing a business, recovery rate recorded in Cameroon?
- The lowest recorded value was 12.2 cents on the dollar in 2003.
- How does Cameroon rank for closing a business, recovery rate?
- Cameroon ranks 34th out of 46 countries with data for 2012.
- Is closing a business, recovery rate rising or falling in Cameroon?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is rising.
- Where does this Cameroon 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/.