Hong Kong, China vs Japan: Resolving insolvency: Cost
Hong Kong, China
5.0%
in 2019
Japan
4.2%
in 2019
Hong Kong, China rank
151st
Japan rank
154th
Resolving insolvency: Cost over time
- Hong Kong, China
- Japan
How they compare
Hong Kong, China currently reports 5.0% against 4.2% in Japan, a difference of 0.8%.
That makes Hong Kong, China's figure about 1.2 times Japan's.
Across all 17 years both countries report, Hong Kong, China has been ahead every year.
Hong Kong, China ranks 151st and Japan ranks 154th of 168 countries.
Hong Kong, China has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hong Kong, China | Japan | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9.0% | 3.5% | 5.5% | Hong Kong, China |
| 2010s | 6.6% | 3.9% | 2.7% | Hong Kong, China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: cost, Hong Kong, China or Japan?
- Hong Kong, China, at 5.0% against 4.2% in Japan as of 2019.
- What is the difference in resolving insolvency: cost between Hong Kong, China and Japan?
- 0.8%, with Hong Kong, China ahead.
- How many years of comparable data are there for Hong Kong, China and Japan?
- 17 years are reported by both, from 2003 to 2019.
- How do Hong Kong, China and Japan rank globally for resolving insolvency: cost?
- Hong Kong, China ranks 151st and Japan ranks 154th 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.