Closing a business, recovery rate in Zambia
Zambia: Closing a business, recovery rate was 29.8 cents on the dollar in 2012. ▲ Rising
Closing a business, recovery rate in Zambia, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in cents on the dollar.
Analysis
Zambia recorded 29.8 cents on the dollar for closing a business, recovery rate in 2012.
That represents a change of up 1.7% on the previous year and up 72.3% over ten years.
Over the whole period, closing a business, recovery rate in Zambia peaked at 30.2 cents on the dollar in 2008 and was at its lowest, 17.3 cents on the dollar, in 2003.
That places Zambia 16th out of 46 countries with data for 2012, putting it in the middle of the range.
Closing a business, recovery rate in Zambia, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 17.3 cents on the dollar | — |
| 2004 | 18.9 cents on the dollar | +9.2% |
| 2005 | 23 cents on the dollar | +21.7% |
| 2006 | 25.1 cents on the dollar | +9.1% |
| 2007 | 28.4 cents on the dollar | +13.1% |
| 2008 | 30.2 cents on the dollar | +6.3% |
| 2009 | 30.2 cents on the dollar | +0.0% |
| 2010 | 27.2 cents on the dollar | -9.9% |
| 2011 | 29.3 cents on the dollar | +7.7% |
| 2012 | 29.8 cents on the dollar | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.73 cents on the dollar | 17.3 cents on the dollar | 30.2 cents on the dollar | 7 |
| 2010s | 28.77 cents on the dollar | 27.2 cents on the dollar | 29.8 cents on the dollar | 3 |
Countries ranked near Zambia
More private sector data for Zambia
- Merchandise trade 91.7% (2025)
- Food imports 7.8% (2024)
- Manufactures imports 64.4% (2024)
- Merchandise imports 13.17 billion current US$ (2025)
- Food exports 8.7% (2024)
- Manufactures exports 14.1% (2024)
- Merchandise exports 13.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 607.56 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.461 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 18.07 % change on previous year (2025)
Frequently asked questions
- What is closing a business, recovery rate in Zambia?
- Closing a business, recovery rate in Zambia was 29.8 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 Zambia?
- The highest recorded value was 30.2 cents on the dollar in 2008.
- What is the lowest closing a business, recovery rate recorded in Zambia?
- The lowest recorded value was 17.3 cents on the dollar in 2003.
- How does Zambia rank for closing a business, recovery rate?
- Zambia ranks 16th out of 46 countries with data for 2012.
- Is closing a business, recovery rate rising or falling in Zambia?
- Over the last ten years it is up 72.3%. The long-run trend across the full record is rising.
- Where does this Zambia 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/.