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East Asia and Pacific Compared by Economy > Entrepreneurship > Closing a Business > Index ranking

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 East Timor 154 2005
2 Laos 149 2005
3 Cambodia 144 2005
4 Federated States of Micronesia 135 2005
5 Palau 134 2005
6 Marshall Islands 133 2005
7 Philippines 132 2005
8 Solomon Islands 126 2005
9 Papua New Guinea 117 2005
10 Indonesia 116 2005
11 Kiribati 113 2005
12 Samoa 110 2005
13 Vanuatu 108 2005
14 Mongolia 103 2005
15 Vietnam 95 2005
16 Fiji 89 2005
17 Tonga 75 2005
18 China 59 2005
19 Malaysia 43 2005
20 Thailand 37 2005
21 New Zealand 21 2005
22 Australia 15 2005
23 South Korea 13 2005
24 Taiwan 5 2005
25 Singapore 2 2005
26 Japan 1 2005

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East Asia and Pacific Compared by Economy > Entrepreneurship > Closing a Business > Index ranking

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