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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.
Economy Statistics > Entrepreneurship > Closing a Business > Index ranking (most recent) by country
Showing latest available data.
| Rank |
Countries
|
Amount
(top to bottom)
|
| #1 |
West Bank: |
155 |
|
| #2 |
East Timor: |
154 |
|
| #3 |
Sudan: |
153 |
|
| #4 |
São Tomé and Príncipe: |
152 |
|
| #5 |
Rwanda: |
151 |
|
| #6 |
Madagascar: |
150 |
|
| #7 |
Laos: |
149 |
|
| #8 |
Iraq: |
148 |
|
| #9 |
Eritrea: |
147 |
|
| #10 |
Chad: |
146 |
|
| #11 |
Central African Republic: |
145 |
|
| #12 |
Cambodia: |
144 |
|
| #13 |
Bhutan: |
143 |
|
| #14 |
Afghanistan: |
142 |
|
| #15 |
Brazil: |
141 |
|
| #16 |
Angola: |
140 |
|
| #17 |
Congo, Democratic Republic of the: |
139 |
|
| #18 |
Zimbabwe: |
138 |
|
| #19 |
Niger: |
137 |
|
| #20 |
Haiti: |
136 |
|
| #21 |
Micronesia, Federated States of: |
135 |
|
| #22 |
Palau: |
134 |
|
| #23 |
Marshall Islands: |
133 |
|
| #24 |
Philippines: |
132 |
|
| #25 |
Dominican Republic: |
131 |
|
| #26 |
United Arab Emirates: |
130 |
|
| #27 |
Venezuela: |
129 |
|
| #28 |
Burkina Faso: |
128 |
|
| #29 |
Mali: |
127 |
|
| #30 |
Solomon Islands: |
126 |
|
| #31 |
Turkey: |
125 |
|
| #32 |
Mauritania: |
124 |
|
| #33 |
Ukraine: |
123 |
|
| #34 |
Sierra Leone: |
122 |
|
| #35 |
Benin: |
121 |
|
| #36 |
Malawi: |
120 |
|
| #37 |
Uzbekistan: |
119 |
|
| #38 |
India: |
118 |
|
| #39 |
Papua New Guinea: |
117 |
|
| #40 |
Indonesia: |
116 |
|
| #41 |
Mozambique: |
115 |
|
| #42 |
Paraguay: |
114 |
|
| #43 |
Kiribati: |
113 |
|
| #44 |
Côte d'Ivoire: |
112 |
|
| #45 |
Kenya: |
111 |
|
| #46 |
Samoa: |
110 |
|
| #47 |
Macedonia, Republic of: |
109 |
|
| #48 |
Vanuatu: |
108 |
|
| #49 |
Togo: |
107 |
|
| #50 |
Egypt: |
106 |
|
| #51 |
Burundi: |
105 |
|
| #52 |
Guyana: |
104 |
|
| #53 |
Mongolia: |
103 |
|
| #54 |
Romania: |
102 |
|
| #55 |
Czech Republic: |
101 |
|
| #56 |
Maldives: |
100 |
|
| #57 |
Costa Rica: |
99 |
|
| #58 |
Lebanon: |
98 |
|
| #59 |
Senegal: |
97 |
|
| #60 |
Congo, Republic of the: |
96 |
|
| #61 |
Vietnam: |
95 |
|
| #62 |
Iran: |
94 |
|
| #63 |
Kyrgyzstan: |
93 |
|
| #64 |
Kazakhstan: |
92 |
|
| #65 |
Zambia: |
91 |
|
| #66 |
Serbia and Montenegro: |
90 |
|
| #67 |
Fiji: |
89 |
|
| #68 |
Ecuador: |
88 |
|
| #69 |
Georgia: |
87 |
|
| #70 |
Guatemala: |
86 |
|
| #71 |
Belarus: |
85 |
|
| #72 |
Honduras: |
84 |
|
| #73 |
Tanzania: |
83 |
|
| #74 |
Chile: |
82 |
|
| #75 |
Guinea: |
81 |
|
| #76 |
Cameroon: |
80 |
|
| #77 |
Ghana: |
79 |
|
| #78 |
Nepal: |
78 |
|
| #79 |
Bangladesh: |
77 |
|
| #80 |
Oman: |
76 |
|
| #81 |
Tonga: |
75 |
|
| #82 |
Panama: |
74 |
|
| #83 |
Albania: |
73 |
|
| #84 |
Moldova: |
72 |
|
| #85 |
Russia: |
71 |
|
| #86 |
Jordan: |
70 |
|
| #87 |
Slovenia: |
69 |
|
| #88 |
Yemen: |
68 |
|
| #89 |
Saudi Arabia: |
67 |
|
| #90 |
Croatia: |
66 |
|
| #91 |
Syria: |
65 |
|
| #92 |
El Salvador: |
64 |
|
| #93 |
Uruguay: |
63 |
|
| #94 |
Mauritius: |
62 |
|
| #95 |
Nigeria: |
61 |
|
| #96 |
Peru: |
60 |
|
| #97 |
China: |
59 |
|
| #98 |
Bosnia and Herzegovina: |
58 |
|
| #99 |
Azerbaijan: |
57 |
|
| #100 |
Bulgaria: |
56 |
|
| #101 |
Nicaragua: |
55 |
|
| #102 |
Sri Lanka: |
54 |
|
| #103 |
South Africa: |
53 |
|
| #104 |
Argentina: |
52 |
|
| #105 |
Morocco: |
51 |
|
| #106 |
Hungary: |
50 |
|
| #107 |
Lesotho: |
49 |
|
| #108 |
Ethiopia: |
48 |
|
| #109 |
Bolivia: |
47 |
|
| #110 |
Algeria: |
46 |
|
| #111 |
Kuwait: |
45 |
|
| #112 |
Slovakia: |
44 |
|
| #113 |
Malaysia: |
43 |
|
| #114 |
Estonia: |
42 |
|
| #115 |
Uganda: |
41 |
|
| #116 |
Italy: |
40 |
|
| #117 |
Armenia: |
39 |
|
| #118 |
Israel: |
38 |
|
| #119 |
Thailand: |
37 |
|
| #120 |
Pakistan: |
36 |
|
| #121 |
Namibia: |
35 |
|
| #122 |
Greece: |
34 |
|
| #123 |
Switzerland: |
33 |
|
| #124 |
France: |
32 |
|
| #125 |
Tunisia: |
31 |
|
| #126 |
Germany: |
30 |
|
| #127 |
Lithuania: |
29 |
|
| #128 |
Botswana: |
28 |
|
| #129 |
Colombia: |
27 |
|
| #130 |
Puerto Rico: |
26 |
|
| #131 |
Denmark: |
25 |
|
| #132 |
Jamaica: |
24 |
|
| #133 |
Poland: |
23 |
|
| #134 |
Mexico: |
22 |
|
| #135 |
New Zealand: |
21 |
|
| #136 |
Austria: |
20 |
|
| #137 |
Portugal: |
19 |
|
| #138 |
Sweden: |
18 |
|
| #139 |
United States: |
17 |
|
| #140 |
Spain: |
16 |
|
| #141 |
Australia: |
15 |
|
| #142 |
Hong Kong: |
14 |
|
| #143 |
Korea, South: |
13 |
|
| #144 |
Iceland: |
12 |
|
| #145 |
Latvia: |
11 |
|
| #146 |
United Kingdom: |
10 |
|
| #147 |
Belgium: |
9 |
|
| #148 |
Netherlands: |
8 |
|
| #149 |
Ireland: |
7 |
|
| #150 |
Finland: |
6 |
|
| #151 |
Taiwan: |
5 |
|
| #152 |
Canada: |
4 |
|
| #153 |
Norway: |
3 |
|
| #154 |
Singapore: |
2 |
|
| #155 |
Japan: |
1 |
|
| |
Weighted average: |
78.0 |
|
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.
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