Closing a business, time in Guinea
Guinea: Closing a business, time was 3.8 years in 2012. ▬ Flat
Closing a business, time in Guinea, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in years.
Analysis
In 2012, closing a business, time in Guinea stood at 3.8 years. That is the highest value across all 10 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, closing a business, time in Guinea peaked at 3.8 years in 2003 and was at its lowest, 3.8 years, in 2003.
That places Guinea 16th out of 46 countries with data for 2012, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.8 years | 3.8 years | 3.8 years | 7 |
| 2010s | 3.8 years | 3.8 years | 3.8 years | 3 |
Countries ranked near Guinea
More private sector data for Guinea
- Merchandise trade 82.7% (2025)
- Food imports 26.6% (2016)
- Manufactures imports 58.5% (2016)
- Merchandise imports 8.34 billion current US$ (2025)
- Food exports 4.3% (2016)
- Manufactures exports 3.7% (2016)
- Merchandise exports 15.10 billion current US$ (2025)
- Commercial service exports 54.12 million current US$ (2024)
- Transport services 27.3% (2024)
- Computer, communications and other services 64.8% (2024)
Frequently asked questions
- What is closing a business, time in Guinea?
- Closing a business, time in Guinea was 3.8 years in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest closing a business, time recorded in Guinea?
- The highest recorded value was 3.8 years in 2003.
- What is the lowest closing a business, time recorded in Guinea?
- The lowest recorded value was 3.8 years in 2003.
- How does Guinea rank for closing a business, time?
- Guinea ranks 16th out of 46 countries with data for 2012.
- Is closing a business, time rising or falling in Guinea?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Guinea 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/.