In Africa and the Middle East, the business discontinuance rate was highest in Oman in 2023, where 13 percent of the respondents reported that they had sold, shut down, or in any other way stopped running a business. On the other hand, less than four percent of business owners in Israel did the same.
Rate of business discontinuance in Africa and the Middle East in 2023, by country
data is composed of the Adult Population Survey and the National Expert Survey
Method of interview
Questionnaire
Supplementary notes
Business discontinuance tends to decline as economic development level increases. The rate shown here is comprised of individuals who have discontinued a business in the last 12 months by selling, shutting down, or in any other way discontinuing a managing and/or ownership activity in that business.
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GEM. (February 13, 2024). Rate of business discontinuance in Africa and the Middle East in 2023, by country [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/315596/the-rate-of-business-discontinuance-in-sub-saharan-africa/
GEM. "Rate of business discontinuance in Africa and the Middle East in 2023, by country." Chart. February 13, 2024. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/315596/the-rate-of-business-discontinuance-in-sub-saharan-africa/
GEM. (2024). Rate of business discontinuance in Africa and the Middle East in 2023, by country. Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/315596/the-rate-of-business-discontinuance-in-sub-saharan-africa/
GEM. "Rate of Business Discontinuance in Africa and The Middle East in 2023, by Country." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/315596/the-rate-of-business-discontinuance-in-sub-saharan-africa/
GEM, Rate of business discontinuance in Africa and the Middle East in 2023, by country Statista, https://www.statista.com/statistics/315596/the-rate-of-business-discontinuance-in-sub-saharan-africa/ (last visited November 26, 2024)
Rate of business discontinuance in Africa and the Middle East in 2023, by country [Graph], GEM, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/315596/the-rate-of-business-discontinuance-in-sub-saharan-africa/
