Closing a business, recovery rate in Seychelles
Seychelles: Closing a business, recovery rate was 39.6 cents on the dollar in 2012. ▬ Flat
Closing a business, recovery rate in Seychelles, 2005–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in cents on the dollar.
Analysis
Seychelles recorded 39.6 cents on the dollar for closing a business, recovery rate in 2012.
That represents a change of up 1.0% on the previous year and down 2.7% over ten years.
That places Seychelles 6th out of 46 countries with data for 2012, putting it in the top quarter.
Closing a business, recovery rate in Seychelles, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2005 | 40.7 cents on the dollar | — |
| 2006 | 40.5 cents on the dollar | -0.5% |
| 2007 | 39.3 cents on the dollar | -3.0% |
| 2008 | 39.7 cents on the dollar | +1.0% |
| 2009 | 39.7 cents on the dollar | +0.0% |
| 2010 | 37.7 cents on the dollar | -5.0% |
| 2011 | 39.2 cents on the dollar | +4.0% |
| 2012 | 39.6 cents on the dollar | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.98 cents on the dollar | 39.3 cents on the dollar | 40.7 cents on the dollar | 5 |
| 2010s | 38.83 cents on the dollar | 37.7 cents on the dollar | 39.6 cents on the dollar | 3 |
Countries ranked near Seychelles
- 3 Namibia 42.3 cents on the dollar compare
- 4 Algeria 41.7 cents on the dollar compare
- 5 Mauritius 40.9 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
- 9 Lesotho 37.6 cents on the dollar compare
More private sector data for Seychelles
- Merchandise trade 86.7% (2025)
- Food imports 26.1% (2024)
- Manufactures imports 51.8% (2024)
- Merchandise imports 1.52 billion current US$ (2025)
- Food exports 85.9% (2024)
- Manufactures exports 0.3% (2024)
- Merchandise exports 550.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 4,481 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2304 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -1.26 % change on previous year (2025)
Frequently asked questions
- What is closing a business, recovery rate in Seychelles?
- Closing a business, recovery rate in Seychelles was 39.6 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 Seychelles?
- The highest recorded value was 40.7 cents on the dollar in 2005.
- What is the lowest closing a business, recovery rate recorded in Seychelles?
- The lowest recorded value was 37.7 cents on the dollar in 2010.
- How does Seychelles rank for closing a business, recovery rate?
- Seychelles ranks 6th out of 46 countries with data for 2012.
- Is closing a business, recovery rate rising or falling in Seychelles?
- Over the last ten years it is down 2.7%. The long-run trend across the full record is flat.
- Where does this Seychelles 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/.