Closing a business, recovery rate in Zimbabwe
Zimbabwe: Closing a business, recovery rate was 0.1 cents on the dollar in 2012. ◆ Volatile
Closing a business, recovery rate in Zimbabwe, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in cents on the dollar.
Analysis
Zimbabwe recorded 0.1 cents on the dollar for closing a business, recovery rate in 2012.
The figure is down 99.0% on the previous year and down 98.9% over ten years.
Over the whole period, closing a business, recovery rate in Zimbabwe peaked at 10 cents on the dollar in 2011 and was at its lowest, 0 cents on the dollar, in 2008.
That places Zimbabwe 44th out of 46 countries with data for 2012, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Closing a business, recovery rate in Zimbabwe, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 8.9 cents on the dollar | — |
| 2004 | 3.3 cents on the dollar | -62.9% |
| 2005 | 0.4 cents on the dollar | -87.9% |
| 2006 | 0.1 cents on the dollar | -75.0% |
| 2007 | 0.1 cents on the dollar | +0.0% |
| 2008 | 0 cents on the dollar | -100.0% |
| 2009 | 0 cents on the dollar | — |
| 2010 | 0.2 cents on the dollar | — |
| 2011 | 10 cents on the dollar | +4900.0% |
| 2012 | 0.1 cents on the dollar | -99.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.83 cents on the dollar | 0 cents on the dollar | 8.9 cents on the dollar | 7 |
| 2010s | 3.43 cents on the dollar | 0.1 cents on the dollar | 10 cents on the dollar | 3 |
Countries ranked near Zimbabwe
- 41 Sao Tome and Principe 5.2 cents on the dollar compare
- 42 Rwanda 3.1 cents on the dollar compare
- 43 Democratic Republic of Congo 1.6 cents on the dollar compare
- 45 Central African Republic 0 cents on the dollar
- 45 Chad 0 cents on the dollar
More private sector data for Zimbabwe
- Merchandise trade 38.7% (2025)
- Food imports 19.0% (2024)
- Manufactures imports 58.3% (2024)
- Merchandise imports 10.11 billion current US$ (2025)
- Food exports 21.6% (2024)
- Manufactures exports 6.7% (2024)
- Merchandise exports 9.71 billion current US$ (2025)
- Merchandise exports (current US$), per capita 572.66 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1895 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 30.61 % change on previous year (2025)
Frequently asked questions
- What is closing a business, recovery rate in Zimbabwe?
- Closing a business, recovery rate in Zimbabwe was 0.1 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 Zimbabwe?
- The highest recorded value was 10 cents on the dollar in 2011.
- What is the lowest closing a business, recovery rate recorded in Zimbabwe?
- The lowest recorded value was 0 cents on the dollar in 2008.
- How does Zimbabwe rank for closing a business, recovery rate?
- Zimbabwe ranks 44th out of 46 countries with data for 2012.
- Is closing a business, recovery rate rising or falling in Zimbabwe?
- Over the last ten years it is down 98.9%. The long-run trend across the full record is volatile.
- Where does this Zimbabwe 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/.