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Economy > Entrepreneurship > Closing a Business > Index ranking: Countries Compared

DEFINITION: Doing Business studies the time and cost of bankruptcy proceedings involving domestic entities. The data are derived from survey responses by local law firms. Answers are provided by a senior partner at each firm in cooperation with 1 or 2 junior associates. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH
1 West Bank 155 2005
2 East Timor 154 2005
3 Sudan 153 2005
4 Sao Tome and Principe 152 2005
5 Rwanda 151 2005
6 Madagascar 150 2005
7 Laos 149 2005
8 Iraq 148 2005
9 Eritrea 147 2005
10 Chad 146 2005
11 Central African Republic 145 2005
12 Cambodia 144 2005
13 Bhutan 143 2005
14 Afghanistan 142 2005
15 Brazil 141 2005
16 Angola 140 2005
17 Democratic Republic of the Congo 139 2005
18 Zimbabwe 138 2005
19 Niger 137 2005
20 Haiti 136 2005
21 Federated States of Micronesia 135 2005
22 Palau 134 2005
23 Marshall Islands 133 2005
24 Philippines 132 2005
25 Dominican Republic 131 2005
26 United Arab Emirates 130 2005
27 Venezuela 129 2005
28 Burkina Faso 128 2005
29 Mali 127 2005
30 Solomon Islands 126 2005
31 Turkey 125 2005
32 Mauritania 124 2005
33 Ukraine 123 2005
34 Sierra Leone 122 2005
35 Benin 121 2005
36 Malawi 120 2005
37 Uzbekistan 119 2005
38 India 118 2005
39 Papua New Guinea 117 2005
40 Indonesia 116 2005
failed states average (profile) 115.77 2005
41 Mozambique 115 2005
42 Paraguay 114 2005
43 Kiribati 113 2005
44 Cote d'Ivoire 112 2005
45 Kenya 111 2005
46 Samoa 110 2005
Former French colonies average (profile) 108.04 2005
47 Vanuatu 108 2005
48 Togo 107 2005
49 Egypt 106 2005
50 Burundi 105 2005
51 Guyana 104 2005
South Asia average (profile) 103.2 2005
52 Mongolia 103 2005
53 Romania 102 2005
54 Czech Republic 101 2005
55 Maldives 100 2005
56 Costa Rica 99 2005
57 Lebanon 98 2005
58 Senegal 97 2005
59 Congo, Republic of the 96 2005
South and Central Asia average (profile) 95.64 2005
OPEC countries average (profile) 95.56 2005
60 Vietnam 95 2005
61 Iran 94 2005
62 Kyrgyzstan 93 2005
63 Kazakhstan 92 2005
64 Zambia 91 2005
65 Serbia and Montenegro 90 2005
66 Fiji 89 2005
East Asia and Pacific average (profile) 88.96 2005
67 Ecuador 88 2005
68 Georgia 87 2005
69 Guatemala 86 2005
70 Belarus 85 2005
71 Honduras 84 2005
72 Tanzania 83 2005
73 Chile 82 2005
74 Guinea 81 2005
75 Cameroon 80 2005
Religious countries average (profile) 79.76 2005
76 Ghana 79 2005
Former Spanish colonies average (profile) 78.28 2005
77 Nepal 78 2005
78 Bangladesh 77 2005
79 Oman 76 2005
Middle Eastern and North Africa average (profile) 75.53 2005
80 Tonga 75 2005
81 Panama 74 2005
82 Albania 73 2005
83 Moldova 72 2005
84 Russia 71 2005
Former Soviet republics average (profile) 70.77 2005
85 Jordan 70 2005
Emerging markets average (profile) 69.56 2005
Eastern Europe average (profile) 69.18 2005
86 Slovenia 69 2005
87 Yemen 68 2005
88 Saudi Arabia 67 2005
89 Croatia 66 2005
90 Syria 65 2005
91 El Salvador 64 2005
92 Uruguay 63 2005
93 Mauritius 62 2005
94 Nigeria 61 2005
95 Peru 60 2005
96 China 59 2005
97 Bosnia and Herzegovina 58 2005
98 Azerbaijan 57 2005
99 Bulgaria 56 2005
100 Nicaragua 55 2005
101 Sri Lanka 54 2005
102 South Africa 53 2005
103 Argentina 52 2005
104 Morocco 51 2005
105 Hungary 50 2005
106 Lesotho 49 2005
107 Ethiopia 48 2005
108 Bolivia 47 2005
109 Algeria 46 2005
110 Kuwait 45 2005
111 Slovakia 44 2005
112 Malaysia 43 2005
Non-religious countries average (profile) 42.23 2005
113 Estonia 42 2005
114 Uganda 41 2005
115 Italy 40 2005
NATO countries average (profile) 39.73 2005
116 Armenia 39 2005
117 Israel 38 2005
118 Thailand 37 2005
119 Pakistan 36 2005
120 Namibia 35 2005
European Union average (profile) 34.68 2005
121 Greece 34 2005
122 Switzerland 33 2005
123 France 32 2005
124 Tunisia 31 2005
125 Germany 30 2005
126 Lithuania 29 2005
127 Botswana 28 2005
128 Colombia 27 2005
High income OECD countries average (profile) 26.4 2005
129 Puerto Rico 26 2005
Eurozone average (profile) 25.8 2005
130 Denmark 25 2005
131 Jamaica 24 2005
132 Poland 23 2005
133 Mexico 22 2005
134 New Zealand 21 2005
135 Austria 20 2005
Group of 7 countries (G7) average (profile) 19.14 2005
136 Portugal 19 2005
137 Sweden 18 2005
138 United States 17 2005
139 Spain 16 2005
140 Australia 15 2005
141 Hong Kong 14 2005
142 South Korea 13 2005
143 Iceland 12 2005
144 Latvia 11 2005
145 United Kingdom 10 2005
146 Belgium 9 2005
147 Netherlands 8 2005
148 Ireland 7 2005
149 Finland 6 2005
150 Taiwan 5 2005
151 Canada 4 2005
152 Norway 3 2005
153 Singapore 2 2005
154 Japan 1 2005

Citation

"Countries Compared by Economy > Entrepreneurship > Closing a Business > Index ranking. International Statistics at NationMaster.com", Doing Business, Economy Rankings, 2005. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/stats/Economy/Entrepreneurship/Closing-a-Business/Index-ranking

Economy > Entrepreneurship > Closing a Business > Index ranking: Countries Compared Map

NationMaster

Interesting observations about Economy > Entrepreneurship > Closing a Business > Index ranking

0

The ranks here should be the other way around, with Japan #1, and West Bank last.

Posted on 26 Jan 2010

Jens

Jens

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