Closing a business, recovery rate in Tunisia
Tunisia: Closing a business, recovery rate was 52 cents on the dollar in 2012. ▬ Flat
Closing a business, recovery rate in Tunisia, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in cents on the dollar.
Analysis
Tunisia recorded 52 cents on the dollar for closing a business, recovery rate in 2012.
That represents a change of down 0.4% on the previous year and up 2.0% over ten years.
Over the whole period, closing a business, recovery rate in Tunisia peaked at 53.5 cents on the dollar in 2004 and was at its lowest, 51 cents on the dollar, in 2003.
That places Tunisia 2nd out of 46 countries with data for 2012, putting it in the top 10%.
Closing a business, recovery rate in Tunisia, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 51 cents on the dollar | — |
| 2004 | 53.5 cents on the dollar | +4.9% |
| 2005 | 51.5 cents on the dollar | -3.7% |
| 2006 | 51.2 cents on the dollar | -0.6% |
| 2007 | 51.5 cents on the dollar | +0.6% |
| 2008 | 52.3 cents on the dollar | +1.6% |
| 2009 | 52.3 cents on the dollar | +0.0% |
| 2010 | 51.7 cents on the dollar | -1.1% |
| 2011 | 52.2 cents on the dollar | +1.0% |
| 2012 | 52 cents on the dollar | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 51.9 cents on the dollar | 51 cents on the dollar | 53.5 cents on the dollar | 7 |
| 2010s | 51.97 cents on the dollar | 51.7 cents on the dollar | 52.2 cents on the dollar | 3 |
Countries ranked near Tunisia
More private sector data for Tunisia
- Merchandise trade 86.8% (2025)
- Food imports 11.5% (2024)
- Manufactures imports 63.7% (2024)
- Merchandise imports 28.59 billion current US$ (2025)
- Food exports 14.7% (2024)
- Manufactures exports 77.3% (2024)
- Merchandise exports 21.29 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,724 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3703 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.61 % change on previous year (2025)
Frequently asked questions
- What is closing a business, recovery rate in Tunisia?
- Closing a business, recovery rate in Tunisia was 52 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 Tunisia?
- The highest recorded value was 53.5 cents on the dollar in 2004.
- What is the lowest closing a business, recovery rate recorded in Tunisia?
- The lowest recorded value was 51 cents on the dollar in 2003.
- How does Tunisia rank for closing a business, recovery rate?
- Tunisia ranks 2nd out of 46 countries with data for 2012.
- Is closing a business, recovery rate rising or falling in Tunisia?
- Over the last ten years it is up 2.0%. The long-run trend across the full record is flat.
- Where does this Tunisia 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/.