Canada vs Colombia: Resolving insolvency: Strength of insolvency framework index

Canada
11 0-16
in 2019
Colombia
11 0-16
in 2019
Canada rank
56th
Colombia rank
56th

Resolving insolvency: Strength of insolvency framework index over time

  • Canada
  • Colombia
02.557.510200320112019

How they compare

Canada currently reports 11 0-16 against 11 0-16 in Colombia, a difference of 0 0-16.

The two have swapped places 2 times across 17 shared years of data; in 2003 it was Colombia ahead.

Canada ranks 56th and Colombia ranks 56th of 191 countries.

Canada has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Canada Colombia Difference Ahead
2000s 10 0-16 10 0-16 0 0-16
2010s 11 0-16 10.1 0-16 0.9 0-16 Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher resolving insolvency: strength of insolvency framework index, Canada or Colombia?
Canada, at 11 0-16 against 11 0-16 in Colombia as of 2019.
What is the difference in resolving insolvency: strength of insolvency framework index between Canada and Colombia?
0 0-16, with Canada ahead.
How many years of comparable data are there for Canada and Colombia?
17 years are reported by both, from 2003 to 2019.
How do Canada and Colombia rank globally for resolving insolvency: strength of insolvency framework index?
Canada ranks 56th and Colombia ranks 56th of 191 countries.
Where does this data come from?
The World Bank, published as Resolving insolvency: Strength of insolvency framework index (0-16). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Colombia: Resolving insolvency: Strength of insolvency framework index. Statizoid. Retrieved 24 August 2026, from https://reference.statizoid.com/compare/resolving-insolvency-strength-of-insolvency-framework-index-0-16/canada/colombia/

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About this data

Indicator
Resolving insolvency: Strength of insolvency framework index (0-16)
Unit
0-16
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 3,247 data points, 2003–2019
Last refreshed

The strength of insolvency framework index measures the legal framework applicable to judicial liquidation and reorganization proceedings and the extent to which best insolvency practices have been implemented in each economy covered by the Doing Business. This index ranges has four components, the commencement of proceedings index, management of debtor’s assets index, reorganization proceedings index and creditor participation index.