Closing a business, time (years) in Ghana

Ghana: Closing a business, time (years) was 1.9 years in 2012. ▬ Flat

Latest (2012)
1.9 years
Change on year
unchanged
World rank
41st
of 46 countries
All-time high
1.9 years
in 2003
All-time low
1.9 years
in 2003
Years of data
10
2003–2012

Closing a business, time in Ghana, 2003–2012

00.511.522003200720122003: 1.9 years2004: 1.9 years2005: 1.9 years2006: 1.9 years2007: 1.9 years2008: 1.9 years2009: 1.9 years2010: 1.9 years2011: 1.9 years2012: 1.9 years

Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in years.

Analysis

Ghana recorded 1.9 years for closing a business, time in 2012. That is the highest value across all 10 years on record.

The figure is unchanged over ten years.

Over the whole period, closing a business, time in Ghana peaked at 1.9 years in 2003 and was at its lowest, 1.9 years, in 2003.

That places Ghana 41st out of 46 countries with data for 2012, putting it in the bottom quarter.

Closing a business, time (years) in Ghana, year by year

Annual values for Closing a business, time (years) in Ghana, 2003 to 2012.
Year years Change
2003 1.9 years —
2004 1.9 years +0.0%
2005 1.9 years +0.0%
2006 1.9 years +0.0%
2007 1.9 years +0.0%
2008 1.9 years +0.0%
2009 1.9 years +0.0%
2010 1.9 years +0.0%
2011 1.9 years +0.0%
2012 1.9 years +0.0%

Ghana compared with similar countries

  • Ghana's 1.9 years is below the median for lower middle income countries, which is 3 years, 63% of the median. (23 countries reporting)
  • Ghana's 1.9 years is below the median for Sub-Saharan Africa, which is 3 years, 63% of the median. (41 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.9 years 1.9 years 1.9 years 7
2010s 1.9 years 1.9 years 1.9 years 3

Countries ranked near Ghana

  1. 42 Morocco 1.8 years compare
  2. 43 Botswana 1.7 years compare
  3. 43 Mauritius 1.7 years compare

See the full ranking of 52 places →

More private sector data for Ghana

All data for Ghana →

Frequently asked questions

What is closing a business, time in Ghana?
Closing a business, time in Ghana was 1.9 years in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
What is the highest closing a business, time recorded in Ghana?
The highest recorded value was 1.9 years in 2003.
What is the lowest closing a business, time recorded in Ghana?
The lowest recorded value was 1.9 years in 2003.
How does Ghana rank for closing a business, time?
Ghana ranks 41st out of 46 countries with data for 2012.
Is closing a business, time rising or falling in Ghana?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Ghana 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.

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Closing a business, time in Ghana. Statizoid, drawing on World Bank, Doing Business project (http://www.doingbusiness.org/). Retrieved 08 November 2026, from https://private-sector.statizoid.com/stat/closing-a-business-time-years/ghana/

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About this data

Indicator
Closing a business, time (years)
Unit
years
Source
World Bank, Doing Business project (http://www.doingbusiness.org/)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
52 places, 502 data points, 2003–2012
Last refreshed

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/.