Closing a business, time in Africa
Africa: Closing a business, time was 3.32 years in 2012. ▬ Flat
Closing a business, time in Africa, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in years.
Analysis
The most recent figure for closing a business, time in Africa is 3.32 years, measured in 2012.
Compared with earlier readings it is up 0.2% over ten years.
Over the whole period, closing a business, time in Africa peaked at 3.34 years in 2005 and was at its lowest, 3.31 years, in 2004.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.32 years | 3.31 years | 3.34 years | 7 |
| 2010s | 3.32 years | 3.32 years | 3.32 years | 3 |
Countries ranked near Africa
- 2 Angola 6.2 years compare
- 2 Sao Tome and Principe 6.2 years compare
- 4 Democratic Republic of Congo 5.2 years compare
- 5 Burundi 5 years compare
- 5 Gabon 5 years compare
- 5 Mozambique 5 years compare
- 5 Niger 5 years compare
More private sector data for Africa
- Minimum capital for starting a business 112.7% (2012)
- Enforcing contracts, cost 47.7% (2012)
- Getting credit, legal rights index 5.45 (2012)
- Cost of registering property 9.1% (2012)
- Closing a business, cost 21.8% (2012)
- Closing a business, recovery rate 23.52 cents on the dollar (2012)
- Protecting investors, director liability index 3.65 (2012)
- Protecting investors, investor protection index 4.55 (2012)
- Protecting investors, shareholder suits index 4.94 (2012)
- Dealing with construction permits, cost 730.2% (2012)
Frequently asked questions
- What is closing a business, time in Africa?
- Closing a business, time in Africa was 3.32 years in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest closing a business, time recorded in Africa?
- The highest recorded value was 3.34 years in 2005.
- What is the lowest closing a business, time recorded in Africa?
- The lowest recorded value was 3.31 years in 2004.
- How does Africa rank for closing a business, time?
- Africa ranks 5th out of 6 groups with data for 2012.
- Is closing a business, time rising or falling in Africa?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is flat.
- Where does this Africa data come from?
- The figures come from World Bank, Doing Business project (http://www.doingbusiness.org/), published as part of Closing a business, time (years). 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
Time is recorded in calendar years. Information is collected on the sequence of procedures and on whether any procedures can be carried out simultaneously. Potential delay tactics by the parties, such as the filing of dilatory appeals or requests for extension, are taken into consideration. For more information, visit http://www.doingbusiness.org/MethodologySurveys/.