Hungary vs South Korea: Resolving insolvency: Commencement of proceedings index (0-3)
Hungary
2.5 DB15-20 methodology
in 2019
South Korea
2.5 DB15-20 methodology
in 2019
Hungary rank
52nd
South Korea rank
52nd
Resolving insolvency: Commencement of proceedings index (0-3) over time
- Hungary
- South Korea
How they compare
Hungary currently reports 2.5 DB15-20 methodology against 2.5 DB15-20 methodology in South Korea, a difference of 0 DB15-20 methodology.
Across all 17 years both countries report, South Korea has been ahead every year.
Hungary ranks 52nd and South Korea ranks 52nd of 191 countries.
Head to head by decade
| Decade | Hungary | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.5 DB15-20 methodology | 2.5 DB15-20 methodology | 0 DB15-20 methodology | — |
| 2010s | 2.5 DB15-20 methodology | 2.5 DB15-20 methodology | 0 DB15-20 methodology | — |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: commencement of proceedings index (0-3), Hungary or South Korea?
- Hungary, at 2.5 DB15-20 methodology against 2.5 DB15-20 methodology in South Korea as of 2019.
- What is the difference in resolving insolvency: commencement of proceedings index (0-3) between Hungary and South Korea?
- 0 DB15-20 methodology, with Hungary ahead.
- How many years of comparable data are there for Hungary and South Korea?
- 17 years are reported by both, from 2003 to 2019.
- How do Hungary and South Korea rank globally for resolving insolvency: commencement of proceedings index (0-3)?
- Hungary ranks 52nd and South Korea ranks 52nd 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.