Closing a business, recovery rate (cents on the dollar) in Democratic Republic of Congo
Democratic Republic of Congo: Closing a business, recovery rate (cents on the dollar) was 1.6 cents on the dollar in 2012. ◆ Volatile
Closing a business, recovery rate in Democratic Republic of Congo, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in cents on the dollar.
Analysis
Democratic Republic of Congo recorded 1.6 cents on the dollar for closing a business, recovery rate in 2012.
That represents a change of up 33.3% on the previous year and up 33.3% over ten years.
Over the whole period, closing a business, recovery rate in Democratic Republic of Congo peaked at 5.4 cents on the dollar in 2008 and was at its lowest, 1.1 cents on the dollar, in 2010.
That places Democratic Republic of Congo 43rd out of 46 countries with data for 2012, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Closing a business, recovery rate (cents on the dollar) in Democratic Republic of Congo, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 1.2 cents on the dollar | — |
| 2004 | 1.2 cents on the dollar | +0.0% |
| 2005 | 1.2 cents on the dollar | +0.0% |
| 2006 | 3.5 cents on the dollar | +191.7% |
| 2007 | 2.9 cents on the dollar | -17.1% |
| 2008 | 5.4 cents on the dollar | +86.2% |
| 2009 | 5.4 cents on the dollar | +0.0% |
| 2010 | 1.1 cents on the dollar | -79.6% |
| 2011 | 1.2 cents on the dollar | +9.1% |
| 2012 | 1.6 cents on the dollar | +33.3% |
Democratic Republic of Congo compared with similar countries
- Democratic Republic of Congo's 1.6 cents on the dollar is below the median for low income countries, which is 15 cents on the dollar, 11% of the median. (17 countries reporting)
- Democratic Republic of Congo's 1.6 cents on the dollar is below the median for Sub-Saharan Africa, which is 21.7 cents on the dollar, 7% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.97 cents on the dollar | 1.2 cents on the dollar | 5.4 cents on the dollar | 7 |
| 2010s | 1.3 cents on the dollar | 1.1 cents on the dollar | 1.6 cents on the dollar | 3 |
Countries ranked near Democratic Republic of Congo
- 41 Sao Tome and Principe 5.2 cents on the dollar compare
- 42 Rwanda 3.1 cents on the dollar compare
- 44 Zimbabwe 0.1 cents on the dollar compare
- 45 Central African Republic 0 cents on the dollar
- 45 Chad 0 cents on the dollar
More private sector data for Democratic Republic of Congo
- Merchandise trade 66.1% (2025)
- Food imports 10.5% (2024)
- Manufactures imports 62.6% (2024)
- Merchandise imports 28.10 billion current US$ (2025)
- Commercial service imports 4.59 billion current US$ (2025)
- Food exports 1.3% (2024)
- Manufactures exports 15.4% (2024)
- Merchandise exports 32.10 billion current US$ (2025)
- Commercial service exports 529.41 million current US$ (2025)
- Merchandise exports (current US$), per capita 284.49 current US$ per person (2025)
Frequently asked questions
- What is closing a business, recovery rate in Democratic Republic of Congo?
- Closing a business, recovery rate in Democratic Republic of Congo was 1.6 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 Democratic Republic of Congo?
- The highest recorded value was 5.4 cents on the dollar in 2008.
- What is the lowest closing a business, recovery rate recorded in Democratic Republic of Congo?
- The lowest recorded value was 1.1 cents on the dollar in 2010.
- How does Democratic Republic of Congo rank for closing a business, recovery rate?
- Democratic Republic of Congo ranks 43rd out of 46 countries with data for 2012.
- Is closing a business, recovery rate rising or falling in Democratic Republic of Congo?
- Over the last ten years it is up 33.3%. The long-run trend across the full record is volatile.
- Where does this Democratic Republic of Congo 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/.