Libya vs Venezuela, Bolivarian Republic of: Resolving insolvency: Commencement of proceedings index (0-3)

Libya
2 DB15-20 methodology
in 2019
Venezuela, Bolivarian Republic of
2 DB15-20 methodology
in 2019
Libya rank
117th
Venezuela, Bolivarian Republic of rank
117th

Resolving insolvency: Commencement of proceedings index (0-3) over time

  • Libya
  • Venezuela, Bolivarian Republic of
00.511.52200320112019

How they compare

Libya currently reports 2 DB15-20 methodology against 2 DB15-20 methodology in Venezuela, Bolivarian Republic of, a difference of 0 DB15-20 methodology.

Across all 17 years both countries report, Venezuela, Bolivarian Republic of has been ahead every year.

Libya ranks 117th and Venezuela, Bolivarian Republic of ranks 117th of 191 countries.

Head to head by decade

Decade Libya Venezuela, Bolivarian Republic of Difference Ahead
2000s 2 DB15-20 methodology 2 DB15-20 methodology 0 DB15-20 methodology
2010s 2 DB15-20 methodology 2 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), Libya or Venezuela, Bolivarian Republic of?
Libya, at 2 DB15-20 methodology against 2 DB15-20 methodology in Venezuela, Bolivarian Republic of as of 2019.
What is the difference in resolving insolvency: commencement of proceedings index (0-3) between Libya and Venezuela, Bolivarian Republic of?
0 DB15-20 methodology, with Libya ahead.
How many years of comparable data are there for Libya and Venezuela, Bolivarian Republic of?
17 years are reported by both, from 2003 to 2019.
How do Libya and Venezuela, Bolivarian Republic of rank globally for resolving insolvency: commencement of proceedings index (0-3)?
Libya ranks 117th and Venezuela, Bolivarian Republic of ranks 117th 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.

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Libya vs Venezuela, Bolivarian Republic of: Resolving insolvency: Commencement of proceedings index (0-3). Statizoid. Retrieved 26 August 2026, from https://reference.statizoid.com/compare/resolving-insolvency-commencement-of-proceedings-index-0-3-db15-20-methodology/libya/venezuela-rb/

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About this data

Indicator
Resolving insolvency: Commencement of proceedings index (0-3) (DB15-20 methodology)
Unit
DB15-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 3,247 data points, 2003–2019
Last refreshed

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.