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.

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#	COUNTRY	AMOUNT	DATE
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

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