Closing a business, recovery rate in Congo, Democratic Republic of the
Congo, Democratic Republic of the: Closing a business, recovery rate was 1.6 cents on the dollar in 2012. ◆ Volatile
Closing a business, recovery rate in Congo, Democratic Republic of the, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in cents on the dollar.
Analysis
Congo, Democratic Republic of the 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 Congo, Democratic Republic of the 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 Congo, Democratic Republic of the 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 in Congo, Democratic Republic of the, 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% |
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 Congo, Democratic Republic of the
- 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 Congo, Democratic Republic of the
- Merchandise trade 66.1% (2025)
- Food imports 4.8% (2023)
- Manufactures imports 50.2% (2023)
- Merchandise imports 28.10 billion current US$ (2025)
- Food exports 0.6% (2023)
- Manufactures exports 17.9% (2023)
- Merchandise exports 32.10 billion current US$ (2025)
- Merchandise exports (current US$), per capita 284.49 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3526 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.36 % change on previous year (2025)
Frequently asked questions
- What is closing a business, recovery rate in Congo, Democratic Republic of the?
- Closing a business, recovery rate in Congo, Democratic Republic of the 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 Congo, Democratic Republic of the?
- The highest recorded value was 5.4 cents on the dollar in 2008.
- What is the lowest closing a business, recovery rate recorded in Congo, Democratic Republic of the?
- The lowest recorded value was 1.1 cents on the dollar in 2010.
- How does Congo, Democratic Republic of the rank for closing a business, recovery rate?
- Congo, Democratic Republic of the ranks 43rd out of 46 countries with data for 2012.
- Is closing a business, recovery rate rising or falling in Congo, Democratic Republic of the?
- Over the last ten years it is up 33.3%. The long-run trend across the full record is volatile.
- Where does this Congo, Democratic Republic of the 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/.