Closing a business, recovery rate in Uganda
Uganda: Closing a business, recovery rate was 38.9 cents on the dollar in 2012. ▬ Flat
Closing a business, recovery rate in Uganda, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in cents on the dollar.
Analysis
Uganda recorded 38.9 cents on the dollar for closing a business, recovery rate in 2012. That is the lowest value across all 10 years on record.
That represents a change of down 3.2% on the previous year and down 6.9% over ten years.
Over the whole period, closing a business, recovery rate in Uganda peaked at 41.8 cents on the dollar in 2003 and was at its lowest, 38.9 cents on the dollar, in 2012.
Uganda ranks 7th of 46 countries on this measure, in the top quarter.
Closing a business, recovery rate in Uganda, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 41.8 cents on the dollar | — |
| 2004 | 41 cents on the dollar | -1.9% |
| 2005 | 39.8 cents on the dollar | -2.9% |
| 2006 | 40.4 cents on the dollar | +1.5% |
| 2007 | 41 cents on the dollar | +1.5% |
| 2008 | 41.1 cents on the dollar | +0.2% |
| 2009 | 41.1 cents on the dollar | +0.0% |
| 2010 | 39.7 cents on the dollar | -3.4% |
| 2011 | 40.2 cents on the dollar | +1.3% |
| 2012 | 38.9 cents on the dollar | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.89 cents on the dollar | 39.8 cents on the dollar | 41.8 cents on the dollar | 7 |
| 2010s | 39.6 cents on the dollar | 38.9 cents on the dollar | 40.2 cents on the dollar | 3 |
Countries ranked near Uganda
More private sector data for Uganda
- Merchandise trade 49.9% (2025)
- Food imports 10.7% (2024)
- Manufactures imports 47.3% (2024)
- Merchandise imports 18.40 billion current US$ (2025)
- Food exports 39.3% (2024)
- Manufactures exports 14.3% (2024)
- Merchandise exports 12.50 billion current US$ (2025)
- Merchandise exports (current US$), per capita 243.26 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2017 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 55.49 % change on previous year (2025)
Frequently asked questions
- What is closing a business, recovery rate in Uganda?
- Closing a business, recovery rate in Uganda was 38.9 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 Uganda?
- The highest recorded value was 41.8 cents on the dollar in 2003.
- What is the lowest closing a business, recovery rate recorded in Uganda?
- The lowest recorded value was 38.9 cents on the dollar in 2012.
- How does Uganda rank for closing a business, recovery rate?
- Uganda ranks 7th out of 46 countries with data for 2012.
- Is closing a business, recovery rate rising or falling in Uganda?
- Over the last ten years it is down 6.9%. The long-run trend across the full record is flat.
- Where does this Uganda 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/.