Business discontinuance in Africa and the Middle East 2023, by country

Published by
Einar H. Dyvik,
Feb 28, 2024
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

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Release date

February 2024

Region

Africa, MENA

Survey time period

2023

Number of respondents

about 2,000 per country

Age group

18-64 years

Special properties

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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