Closing a business, recovery rate in Namibia
Namibia: Closing a business, recovery rate was 42.3 cents on the dollar in 2012. ▲ Rising
Closing a business, recovery rate in Namibia, 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 Namibia is 42.3 cents on the dollar, measured in 2012. That is the highest value across all 10 years on record.
The figure is up 1.0% on the previous year and up 9.6% over ten years.
Over the whole period, closing a business, recovery rate in Namibia peaked at 42.3 cents on the dollar in 2012 and was at its lowest, 38.6 cents on the dollar, in 2003.
That places Namibia 3rd out of 46 countries with data for 2012, putting it in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.01 cents on the dollar | 38.6 cents on the dollar | 41.3 cents on the dollar | 7 |
| 2010s | 41.9 cents on the dollar | 41.5 cents on the dollar | 42.3 cents on the dollar | 3 |
Countries ranked near Namibia
More private sector data for Namibia
- Merchandise trade 102.4% (2025)
- Food imports 13.2% (2024)
- Manufactures imports 60.4% (2024)
- Merchandise imports 8.43 billion current US$ (2025)
- Food exports 28.0% (2024)
- Manufactures exports 18.4% (2024)
- Merchandise exports 7.02 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,271 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4658 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.33 % change on previous year (2025)
Frequently asked questions
- What is closing a business, recovery rate in Namibia?
- Closing a business, recovery rate in Namibia was 42.3 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 Namibia?
- The highest recorded value was 42.3 cents on the dollar in 2012.
- What is the lowest closing a business, recovery rate recorded in Namibia?
- The lowest recorded value was 38.6 cents on the dollar in 2003.
- How does Namibia rank for closing a business, recovery rate?
- Namibia ranks 3rd out of 46 countries with data for 2012.
- Is closing a business, recovery rate rising or falling in Namibia?
- Over the last ten years it is up 9.6%. The long-run trend across the full record is rising.
- Where does this Namibia 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/.