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.

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#	COUNTRY	AMOUNT	DATE
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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