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 BankWest Bank	155	2005
2	East TimorEast Timor	154	2005
3	SudanSudan	153	2005
4	Sao Tome and PrincipeSoa Tome+	152	2005
5	RwandaRwanda	151	2005
6	MadagascarMadagascar	150	2005
7	LaosLaos	149	2005
8	IraqIraq	148	2005
9	EritreaEritrea	147	2005
10	ChadChad	146	2005
11	Central African RepublicCentral Africa	145	2005
12	CambodiaCambodia	144	2005
13	BhutanBhutan	143	2005
14	AfghanistanAfghanistan	142	2005
15	BrazilBrazil	141	2005
16	AngolaAngola	140	2005
17	Democratic Republic of the CongoCongo, DR.	139	2005
18	ZimbabweZimbabwe	138	2005
19	NigerNiger	137	2005
20	HaitiHaiti	136	2005
21	Federated States of MicronesiaMicronesia	135	2005
22	PalauPalau	134	2005
23	Marshall IslandsMarshall Isl.	133	2005
24	PhilippinesPhilippines	132	2005
25	Dominican RepublicDominican Rep.	131	2005
26	United Arab EmiratesUAE	130	2005
27	VenezuelaVenezuela	129	2005
28	Burkina FasoBurkina Faso	128	2005
29	MaliMali	127	2005
30	Solomon IslandsSolomon Islands	126	2005
31	TurkeyTurkey	125	2005
32	MauritaniaMauritania	124	2005
33	UkraineUkraine	123	2005
34	Sierra LeoneSierra Leone	122	2005
35	BeninBenin	121	2005
36	MalawiMalawi	120	2005
37	UzbekistanUzbekistan	119	2005
38	IndiaIndia	118	2005
39	Papua New GuineaPapua NG	117	2005
40	IndonesiaIndonesia	116	2005
	failed states averagefailed states average (profile)	115.77	2005
41	MozambiqueMozambique	115	2005
42	ParaguayParaguay	114	2005
43	KiribatiKiribati	113	2005
44	Cote d'IvoireCote d'Ivoire	112	2005
45	KenyaKenya	111	2005
46	SamoaSamoa	110	2005
	Former French colonies averageFormer French colonies average (profile)	108.04	2005
47	VanuatuVanuatu	108	2005
48	TogoTogo	107	2005
49	EgyptEgypt	106	2005
50	BurundiBurundi	105	2005
51	GuyanaGuyana	104	2005
	South Asia averageSouth Asia average (profile)	103.2	2005
52	MongoliaMongolia	103	2005
53	RomaniaRomania	102	2005
54	Czech RepublicCzech Republic	101	2005
55	MaldivesMaldives	100	2005
56	Costa RicaCosta Rica	99	2005
57	LebanonLebanon	98	2005
58	SenegalSenegal	97	2005
59	Congo, Republic of theCongo, Republic of the	96	2005
	South and Central Asia averageSouth and Central Asia average (profile)	95.64	2005
	OPEC countries averageOPEC countries average (profile)	95.56	2005
60	VietnamVietnam	95	2005
61	IranIran	94	2005
62	KyrgyzstanKyrgyzstan	93	2005
63	KazakhstanKazakhstan	92	2005
64	ZambiaZambia	91	2005
65	Serbia and MontenegroSerbia+	90	2005
66	FijiFiji	89	2005
	East Asia and Pacific averageEast Asia and Pacific average (profile)	88.96	2005
67	EcuadorEcuador	88	2005
68	GeorgiaGeorgia	87	2005
69	GuatemalaGuatemala	86	2005
70	BelarusBelarus	85	2005
71	HondurasHonduras	84	2005
72	TanzaniaTanzania	83	2005
73	ChileChile	82	2005
74	GuineaGuinea	81	2005
75	CameroonCameroon	80	2005
	Religious countries averageReligious countries average (profile)	79.76	2005
76	GhanaGhana	79	2005
	Former Spanish colonies averageFormer Spanish colonies average (profile)	78.28	2005
77	NepalNepal	78	2005
78	BangladeshBangladesh	77	2005
79	OmanOman	76	2005
	Middle Eastern and North Africa averageMiddle Eastern and North Africa average (profile)	75.53	2005
80	TongaTonga	75	2005
81	PanamaPanama	74	2005
82	AlbaniaAlbania	73	2005
83	MoldovaMoldova	72	2005
84	RussiaRussia	71	2005
	Former Soviet republics averageFormer Soviet republics average (profile)	70.77	2005
85	JordanJordan	70	2005
	Emerging markets averageEmerging markets average (profile)	69.56	2005
	Eastern Europe averageEastern Europe average (profile)	69.18	2005
86	SloveniaSlovenia	69	2005
87	YemenYemen	68	2005
88	Saudi ArabiaSaudi Arabia	67	2005
89	CroatiaCroatia	66	2005
90	SyriaSyria	65	2005
91	El SalvadorEl Salvador	64	2005
92	UruguayUruguay	63	2005
93	MauritiusMauritius	62	2005
94	NigeriaNigeria	61	2005
95	PeruPeru	60	2005
96	ChinaChina	59	2005
97	Bosnia and HerzegovinaBosnia and Herzegovina	58	2005
98	AzerbaijanAzerbaijan	57	2005
99	BulgariaBulgaria	56	2005
100	NicaraguaNicaragua	55	2005
101	Sri LankaSri Lanka	54	2005
102	South AfricaSouth Africa	53	2005
103	ArgentinaArgentina	52	2005
104	MoroccoMorocco	51	2005
105	HungaryHungary	50	2005
106	LesothoLesotho	49	2005
107	EthiopiaEthiopia	48	2005
108	BoliviaBolivia	47	2005
109	AlgeriaAlgeria	46	2005
110	KuwaitKuwait	45	2005
111	SlovakiaSlovakia	44	2005
112	MalaysiaMalaysia	43	2005
	Non-religious countries averageNon-religious countries average (profile)	42.23	2005
113	EstoniaEstonia	42	2005
114	UgandaUganda	41	2005
115	ItalyItaly	40	2005
	NATO countries averageNATO average (profile)	39.73	2005
116	ArmeniaArmenia	39	2005
117	IsraelIsrael	38	2005
118	ThailandThailand	37	2005
119	PakistanPakistan	36	2005
120	NamibiaNamibia	35	2005
	European Union averageEuropean Union average (profile)	34.68	2005
121	GreeceGreece	34	2005
122	SwitzerlandSwitzerland	33	2005
123	FranceFrance	32	2005
124	TunisiaTunisia	31	2005
125	GermanyGermany	30	2005
126	LithuaniaLithuania	29	2005
127	BotswanaBotswana	28	2005
128	ColombiaColombia	27	2005
	High income OECD countries averageHigh income OECD countries average (profile)	26.4	2005
129	Puerto RicoPuerto Rico	26	2005
	Eurozone averageEurozone average (profile)	25.8	2005
130	DenmarkDenmark	25	2005
131	JamaicaJamaica	24	2005
132	PolandPoland	23	2005
133	MexicoMexico	22	2005
134	New ZealandNew Zealand	21	2005
135	AustriaAustria	20	2005
	Group of 7 countries (G7) averageGroup of 7 countries (G7) average (profile)	19.14	2005
136	PortugalPortugal	19	2005
137	SwedenSweden	18	2005
138	United StatesUnited States	17	2005
139	SpainSpain	16	2005
140	AustraliaAustralia	15	2005
141	Hong KongHong Kong	14	2005
142	South KoreaSouth Korea	13	2005
143	IcelandIceland	12	2005
144	LatviaLatvia	11	2005
145	United KingdomUnited Kingdom	10	2005
146	BelgiumBelgium	9	2005
147	NetherlandsNetherlands	8	2005
148	IrelandIreland	7	2005
149	FinlandFinland	6	2005
150	TaiwanTaiwan	5	2005
151	CanadaCanada	4	2005
152	NorwayNorway	3	2005
153	SingaporeSingapore	2	2005
154	JapanJapan	1	2005

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