Madagascar vs Tonga: Resolving insolvency: Commencement of proceedings index (0-3)
Madagascar
2 DB15-20 methodology
in 2019
Tonga
2 DB15-20 methodology
in 2019
Madagascar rank
116th
Tonga rank
116th
Resolving insolvency: Commencement of proceedings index (0-3) over time
- Madagascar
- Tonga
How they compare
Madagascar currently reports 2 DB15-20 methodology against 2 DB15-20 methodology in Tonga, a difference of 0 DB15-20 methodology.
The two have swapped places 1 time across 17 shared years of data; in 2003 it was Madagascar ahead.
Madagascar ranks 116th and Tonga ranks 116th of 190 countries.
Madagascar has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Madagascar | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.29 DB15-20 methodology | 2 DB15-20 methodology | 0.2857 DB15-20 methodology | Madagascar |
| 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), Madagascar or Tonga?
- Madagascar, at 2 DB15-20 methodology against 2 DB15-20 methodology in Tonga as of 2019.
- What is the difference in resolving insolvency: commencement of proceedings index (0-3) between Madagascar and Tonga?
- 0 DB15-20 methodology, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Tonga?
- 17 years are reported by both, from 2003 to 2019.
- How do Madagascar and Tonga rank globally for resolving insolvency: commencement of proceedings index (0-3)?
- Madagascar ranks 116th and Tonga ranks 116th of 190 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.