Australia vs Colombia: Resolving insolvency: Cost
Australia
8.0%
in 2019
Colombia
8.5%
in 2019
Australia rank
139th
Colombia rank
137th
Resolving insolvency: Cost over time
- Australia
- Colombia
How they compare
Colombia currently reports 8.5% against 8.0% in Australia, a difference of 0.5%.
That makes Colombia's figure about 1.1 times Australia's.
The two have swapped places 1 time across 17 shared years of data; in 2003 it was Australia ahead.
Australia ranks 139th and Colombia ranks 137th of 168 countries.
Across the 2 decades both report, Australia averaged higher in 1 and Colombia in 1.
Head to head by decade
| Decade | Australia | Colombia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.0% | 6.0% | 2.0% | Australia |
| 2010s | 8.0% | 8.2% | 0.2% | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: cost, Australia or Colombia?
- Colombia, at 8.5% against 8.0% in Australia as of 2019.
- What is the difference in resolving insolvency: cost between Australia and Colombia?
- 0.5%, with Colombia ahead.
- How many years of comparable data are there for Australia and Colombia?
- 17 years are reported by both, from 2003 to 2019.
- How do Australia and Colombia rank globally for resolving insolvency: cost?
- Australia ranks 139th and Colombia ranks 137th of 168 countries.
- Where does this data come from?
- The World Bank, published as Resolving insolvency: Cost (% of estate). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The cost to resolve insolvency is the cost of the proceedings is recorded as a percentage of the value of the debtor’s estate, including court fees and government levies, fees of insolvency administrators, auctioneers, assessors and lawyers, and all other fees and costs.