Closing a business, time in Madagascar

Madagascar: Closing a business, time was 2 years in 2012. ▬ Flat

Latest (2012)
2 years
Change on year
unchanged
World rank
34th
of 46 countries
All-time high
2 years
in 2003
All-time low
2 years
in 2003
Years of data
10
2003–2012

Closing a business, time in Madagascar, 2003–2012

00.511.522003200720122003: 2 years2004: 2 years2005: 2 years2006: 2 years2007: 2 years2008: 2 years2009: 2 years2010: 2 years2011: 2 years2012: 2 years

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

Analysis

The most recent figure for closing a business, time in Madagascar is 2 years, measured in 2012. That is the highest value across all 10 years on record.

That represents a change of unchanged over ten years.

Over the whole period, closing a business, time in Madagascar peaked at 2 years in 2003 and was at its lowest, 2 years, in 2003.

Madagascar ranks 34th of 46 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2 years 2 years 2 years 7
2010s 2 years 2 years 2 years 3

Countries ranked near Madagascar

  1. 31 Algeria 2.5 years compare
  2. 32 Cote d'Ivoire 2.2 years compare
  3. 32 Uganda 2.2 years compare
  4. 34 Gambia 2 years compare
  5. 34 Nigeria 2 years compare
  6. 34 Seychelles 2 years compare
  7. 34 South Africa 2 years compare
  8. 34 Sudan 2 years compare
  9. 34 Eswatini 2 years compare

See the full ranking of 52 places →

More private sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is closing a business, time in Madagascar?
Closing a business, time in Madagascar was 2 years in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
What is the highest closing a business, time recorded in Madagascar?
The highest recorded value was 2 years in 2003.
What is the lowest closing a business, time recorded in Madagascar?
The lowest recorded value was 2 years in 2003.
How does Madagascar rank for closing a business, time?
Madagascar ranks 34th out of 46 countries with data for 2012.
Is closing a business, time rising or falling in Madagascar?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Madagascar 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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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/.