Nepal vs Papua New Guinea: Resolving insolvency: Commencement of proceedings index (0-3)

Nepal
2 DB15-20 methodology
in 2019
Papua New Guinea
2 DB15-20 methodology
in 2019
Nepal rank
117th
Papua New Guinea rank
117th

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

  • Nepal
  • Papua New Guinea
00.511.52200320112019

How they compare

Nepal currently reports 2 DB15-20 methodology against 2 DB15-20 methodology in Papua New Guinea, a difference of 0 DB15-20 methodology.

Across all 17 years both countries report, Papua New Guinea has been ahead every year.

Nepal ranks 117th and Papua New Guinea ranks 117th of 191 countries.

Papua New Guinea has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Nepal Papua New Guinea Difference Ahead
2000s 1.43 DB15-20 methodology 2 DB15-20 methodology 0.5714 DB15-20 methodology Papua New Guinea
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), Nepal or Papua New Guinea?
Nepal, at 2 DB15-20 methodology against 2 DB15-20 methodology in Papua New Guinea as of 2019.
What is the difference in resolving insolvency: commencement of proceedings index (0-3) between Nepal and Papua New Guinea?
0 DB15-20 methodology, with Nepal ahead.
How many years of comparable data are there for Nepal and Papua New Guinea?
17 years are reported by both, from 2003 to 2019.
How do Nepal and Papua New Guinea rank globally for resolving insolvency: commencement of proceedings index (0-3)?
Nepal ranks 117th and Papua New Guinea 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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Nepal vs Papua New Guinea: Resolving insolvency: Commencement of proceedings index (0-3). Statizoid. Retrieved 02 September 2026, from https://reference.statizoid.com/compare/resolving-insolvency-commencement-of-proceedings-index-0-3-db15-20-methodology/nepal/papua-new-guinea/

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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.