Cyprus vs Japan: Resolving insolvency: Commencement of proceedings index (0-3)
Cyprus
3 DB15-20 methodology
in 2019
Japan
3 DB15-20 methodology
in 2019
Cyprus rank
1st
Japan rank
1st
Resolving insolvency: Commencement of proceedings index (0-3) over time
- Cyprus
- Japan
How they compare
Cyprus currently reports 3 DB15-20 methodology against 3 DB15-20 methodology in Japan, a difference of 0 DB15-20 methodology.
Across all 17 years both countries report, Japan has been ahead every year.
Cyprus ranks 1st and Japan ranks 1st of 191 countries.
Japan has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cyprus | Japan | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2 DB15-20 methodology | 3 DB15-20 methodology | 1 DB15-20 methodology | Japan |
| 2010s | 2.5 DB15-20 methodology | 3 DB15-20 methodology | 0.5 DB15-20 methodology | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: commencement of proceedings index (0-3), Cyprus or Japan?
- Cyprus, at 3 DB15-20 methodology against 3 DB15-20 methodology in Japan as of 2019.
- What is the difference in resolving insolvency: commencement of proceedings index (0-3) between Cyprus and Japan?
- 0 DB15-20 methodology, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Japan?
- 17 years are reported by both, from 2003 to 2019.
- How do Cyprus and Japan rank globally for resolving insolvency: commencement of proceedings index (0-3)?
- Cyprus ranks 1st and Japan ranks 1st of 191 countries.
- Where does this data come from?
- The World Bank, published as Resolving insolvency: Commencement of proceedings index (0-3) (DB15-20 methodology). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The commencement of proceedings index has three components: (i) whether debtors can initiate both liquidation and reorganization proceedings; (ii) whether creditors can initiate both liquidation and reorganization proceedings; and (iii) what standard is used for commencement of insolvency proceedings.