Closing a business, recovery rate (cents on the dollar) in Liberia
Liberia: Closing a business, recovery rate (cents on the dollar) was 8.5 cents on the dollar in 2012. ▲ Rising
Closing a business, recovery rate in Liberia, 2006–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in cents on the dollar.
Analysis
Liberia recorded 8.5 cents on the dollar for closing a business, recovery rate in 2012. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 1.2% on the previous year and up 9.0% over ten years.
That places Liberia 38th out of 46 countries with data for 2012, putting it in the bottom quarter.
Closing a business, recovery rate (cents on the dollar) in Liberia, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2006 | 7.8 cents on the dollar | — |
| 2007 | 7.8 cents on the dollar | +0.0% |
| 2008 | 8.3 cents on the dollar | +6.4% |
| 2009 | 8.3 cents on the dollar | +0.0% |
| 2010 | 8.4 cents on the dollar | +1.2% |
| 2011 | 8.4 cents on the dollar | +0.0% |
| 2012 | 8.5 cents on the dollar | +1.2% |
Liberia compared with similar countries
- Liberia's 8.5 cents on the dollar is below the median for low income countries, which is 15 cents on the dollar, 57% of the median. (17 countries reporting)
- Liberia's 8.5 cents on the dollar is below the median for Sub-Saharan Africa, which is 21.7 cents on the dollar, 39% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.05 cents on the dollar | 7.8 cents on the dollar | 8.3 cents on the dollar | 4 |
| 2010s | 8.43 cents on the dollar | 8.4 cents on the dollar | 8.5 cents on the dollar | 3 |
Countries ranked near Liberia
- 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
- 39 Angola 8 cents on the dollar compare
- 39 Burundi 8 cents on the dollar compare
- 41 Sao Tome and Principe 5.2 cents on the dollar compare
More private sector data for Liberia
- Merchandise trade 87.0% (2025)
- Food imports 23.1% (2023)
- Manufactures imports 42.8% (2023)
- Merchandise imports 2.49 billion current US$ (2025)
- Commercial service imports 250.26 million current US$ (2024)
- Food exports 24.5% (2023)
- Manufactures exports 9.9% (2023)
- Merchandise exports 2.07 billion current US$ (2025)
- Commercial service exports 18.00 million current US$ (2024)
- Merchandise exports (current US$), per capita 360.83 current US$ per person (2025)
Frequently asked questions
- What is closing a business, recovery rate in Liberia?
- Closing a business, recovery rate in Liberia was 8.5 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 Liberia?
- The highest recorded value was 8.5 cents on the dollar in 2012.
- What is the lowest closing a business, recovery rate recorded in Liberia?
- The lowest recorded value was 7.8 cents on the dollar in 2006.
- How does Liberia rank for closing a business, recovery rate?
- Liberia ranks 38th out of 46 countries with data for 2012.
- Is closing a business, recovery rate rising or falling in Liberia?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is rising.
- Where does this Liberia 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
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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/.