European Union Compared by Economy > Entrepreneurship > Closing a Business > Index ranking
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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.
CONTENTS
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| # | COUNTRY | AMOUNT | DATE | GRAPH |
|---|---|---|---|---|
| 1 | Romania | 102 | 2005 | |
| 2 | Czech Republic | 101 | 2005 | |
| 3 | Slovenia | 69 | 2005 | |
| 4 | Croatia | 66 | 2005 | |
| 5 | Bulgaria | 56 | 2005 | |
| 6 | Hungary | 50 | 2005 | |
| 7 | Slovakia | 44 | 2005 | |
| 8 | Estonia | 42 | 2005 | |
| 9 | Italy | 40 | 2005 | |
| 10 | Greece | 34 | 2005 | |
| 11 | France | 32 | 2005 | |
| 12 | Germany | 30 | 2005 | |
| 13 | Lithuania | 29 | 2005 | |
| 14 | Denmark | 25 | 2005 | |
| 15 | Poland | 23 | 2005 | |
| 16 | Austria | 20 | 2005 | |
| 17 | Portugal | 19 | 2005 | |
| 18 | Sweden | 18 | 2005 | |
| 19 | Spain | 16 | 2005 | |
| 20 | Latvia | 11 | 2005 | |
| 21 | United Kingdom | 10 | 2005 | |
| 22 | Belgium | 9 | 2005 | |
| 23 | Netherlands | 8 | 2005 | |
| 24 | Ireland | 7 | 2005 | |
| 25 | Finland | 6 | 2005 |
