Closing a business, recovery rate in Lesotho
Lesotho: Closing a business, recovery rate was 37.6 cents on the dollar in 2012. ▲ Rising
Closing a business, recovery rate in Lesotho, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in cents on the dollar.
Analysis
The most recent figure for closing a business, recovery rate in Lesotho is 37.6 cents on the dollar, measured in 2012. That is the highest value across all 10 years on record.
That represents a change of up 0.5% on the previous year and up 18.2% over ten years.
Over the whole period, closing a business, recovery rate in Lesotho peaked at 37.6 cents on the dollar in 2012 and was at its lowest, 31.8 cents on the dollar, in 2003.
That places Lesotho 9th out of 46 countries with data for 2012, putting it in the top quarter.
Closing a business, recovery rate in Lesotho, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 31.8 cents on the dollar | — |
| 2004 | 33 cents on the dollar | +3.8% |
| 2005 | 35.9 cents on the dollar | +8.8% |
| 2006 | 36.6 cents on the dollar | +1.9% |
| 2007 | 34.9 cents on the dollar | -4.6% |
| 2008 | 33.9 cents on the dollar | -2.9% |
| 2009 | 33.9 cents on the dollar | +0.0% |
| 2010 | 36.4 cents on the dollar | +7.4% |
| 2011 | 37.4 cents on the dollar | +2.7% |
| 2012 | 37.6 cents on the dollar | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.29 cents on the dollar | 31.8 cents on the dollar | 36.6 cents on the dollar | 7 |
| 2010s | 37.13 cents on the dollar | 36.4 cents on the dollar | 37.6 cents on the dollar | 3 |
Countries ranked near Lesotho
- 6 Seychelles 39.6 cents on the dollar compare
- 7 Uganda 38.9 cents on the dollar compare
- 8 Eswatini 38.3 cents on the dollar compare
- 9 Côte d'Ivoire 37.6 cents on the dollar compare
- 11 South Africa 35.4 cents on the dollar compare
- 12 Morocco 35.1 cents on the dollar compare
More private sector data for Lesotho
- Merchandise trade 102.9% (2025)
- Food imports 23.0% (2024)
- Manufactures imports 59.2% (2024)
- Merchandise imports 1.88 billion current US$ (2025)
- Food exports 23.3% (2024)
- Manufactures exports 70.1% (2024)
- Merchandise exports 773.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 327.08 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3004 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -22 % change on previous year (2025)
Frequently asked questions
- What is closing a business, recovery rate in Lesotho?
- Closing a business, recovery rate in Lesotho was 37.6 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 Lesotho?
- The highest recorded value was 37.6 cents on the dollar in 2012.
- What is the lowest closing a business, recovery rate recorded in Lesotho?
- The lowest recorded value was 31.8 cents on the dollar in 2003.
- How does Lesotho rank for closing a business, recovery rate?
- Lesotho ranks 9th out of 46 countries with data for 2012.
- Is closing a business, recovery rate rising or falling in Lesotho?
- Over the last ten years it is up 18.2%. The long-run trend across the full record is rising.
- Where does this Lesotho 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/.