New Zealand vs South Africa: Resolving insolvency: Commencement of proceedings index (0-3)
New Zealand
3 DB15-20 methodology
in 2019
South Africa
3 DB15-20 methodology
in 2019
New Zealand rank
1st
South Africa rank
1st
Resolving insolvency: Commencement of proceedings index (0-3) over time
- New Zealand
- South Africa
How they compare
New Zealand currently reports 3 DB15-20 methodology against 3 DB15-20 methodology in South Africa, a difference of 0 DB15-20 methodology.
Across all 17 years both countries report, South Africa has been ahead every year.
New Zealand ranks 1st and South Africa ranks 1st of 191 countries.
South Africa has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | New Zealand | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.29 DB15-20 methodology | 3 DB15-20 methodology | 0.7143 DB15-20 methodology | South Africa |
| 2010s | 3 DB15-20 methodology | 3 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), New Zealand or South Africa?
- New Zealand, at 3 DB15-20 methodology against 3 DB15-20 methodology in South Africa as of 2019.
- What is the difference in resolving insolvency: commencement of proceedings index (0-3) between New Zealand and South Africa?
- 0 DB15-20 methodology, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and South Africa?
- 17 years are reported by both, from 2003 to 2019.
- How do New Zealand and South Africa rank globally for resolving insolvency: commencement of proceedings index (0-3)?
- New Zealand ranks 1st and South Africa 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.