Mongolia vs Tonga: Resolving insolvency: Strength of insolvency framework index
Resolving insolvency: Strength of insolvency framework index over time
- Mongolia
- Tonga
How they compare
Mongolia currently reports 6.5 0-16 against 6 0-16 in Tonga, a difference of 0.5 0-16.
That makes Mongolia's figure about 1.1 times Tonga's.
Across all 17 years both countries report, Mongolia has been ahead every year.
Mongolia ranks 130th and Tonga ranks 132nd of 190 countries.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Mongolia | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.5 0-16 | 6 0-16 | 0.5 0-16 | Mongolia |
| 2010s | 6.5 0-16 | 6 0-16 | 0.5 0-16 | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: strength of insolvency framework index, Mongolia or Tonga?
- Mongolia, at 6.5 0-16 against 6 0-16 in Tonga as of 2019.
- What is the difference in resolving insolvency: strength of insolvency framework index between Mongolia and Tonga?
- 0.5 0-16, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Tonga?
- 17 years are reported by both, from 2003 to 2019.
- How do Mongolia and Tonga rank globally for resolving insolvency: strength of insolvency framework index?
- Mongolia ranks 130th and Tonga ranks 132nd of 190 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.
Individual pages
About this data
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.