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Resolving insolvency: Commencement of proceedings index (0-3) (DB15-20 methodology) by country

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.

Countries reporting
190
Highest
3 DB15-20 methodology
Albania
Lowest
0 DB15-20 methodology
Somalia
Median
2.5 DB15-20 methodology
Years covered
17
2003–2019
Data points
3,230

What the numbers show

Resolving insolvency: Commencement of proceedings index (0-3) (DB15-20 methodology) is currently reported for 190 countries. The highest value is 3 DB15-20 methodology in Albania; the lowest is 0 DB15-20 methodology in Somalia.

The median across all reporting countries is 2.5 DB15-20 methodology, and the mean is 2.4 DB15-20 methodology.

Over the past decade 32 countries rose and 1 fell. The largest increase was in St. Kitts and Nevis (up 150.0%), and the largest decrease in Djibouti (down 16.7%).

Resolving insolvency: Commencement of proceedings index (0-3): full country ranking

#Country LatestYear 10-year changeTrend
1 Albania 3 DB15-20 methodology 2019 unchanged flat
1 Azerbaijan, Republic of 3 DB15-20 methodology 2019 up 20.0% rising
1 Bosnia and Herzegovina 3 DB15-20 methodology 2019 unchanged flat
1 Brunei Darussalam 3 DB15-20 methodology 2019 up 50.0% rising
1 Botswana 3 DB15-20 methodology 2019 unchanged flat
1 Switzerland 3 DB15-20 methodology 2019 unchanged flat
1 China, People's Republic of 3 DB15-20 methodology 2019 unchanged rising
1 Colombia 3 DB15-20 methodology 2019 unchanged flat
1 Costa Rica 3 DB15-20 methodology 2019 unchanged flat
1 Cyprus 3 DB15-20 methodology 2019 up 50.0% rising
1 Germany 3 DB15-20 methodology 2019 unchanged flat
1 Denmark 3 DB15-20 methodology 2019 up 50.0% rising
1 Algeria 3 DB15-20 methodology 2019 unchanged flat
1 Spain 3 DB15-20 methodology 2019 unchanged rising
1 Finland 3 DB15-20 methodology 2019 unchanged flat
1 France 3 DB15-20 methodology 2019 unchanged flat
1 United Kingdom 3 DB15-20 methodology 2019 unchanged flat
1 Gambia, The 3 DB15-20 methodology 2019 unchanged flat
1 Croatia, Republic of 3 DB15-20 methodology 2019 unchanged falling
1 Indonesia 3 DB15-20 methodology 2019 unchanged rising
1 Ireland 3 DB15-20 methodology 2019 unchanged flat
1 Israel 3 DB15-20 methodology 2019 unchanged flat
1 Italy 3 DB15-20 methodology 2019 unchanged flat
1 Japan 3 DB15-20 methodology 2019 unchanged flat
1 Kazakhstan, Republic of 3 DB15-20 methodology 2019 unchanged flat
1 Kenya 3 DB15-20 methodology 2019 up 50.0% rising
1 Kyrgyz Republic 3 DB15-20 methodology 2019 unchanged flat
1 Cambodia 3 DB15-20 methodology 2019 unchanged volatile
1 Lesotho, Kingdom of 3 DB15-20 methodology 2019 up 50.0% rising
1 Morocco 3 DB15-20 methodology 2019 up 50.0% rising
1 North Macedonia, Republic of 3 DB15-20 methodology 2019 unchanged flat
1 Mauritius 3 DB15-20 methodology 2019 unchanged rising
1 Malawi 3 DB15-20 methodology 2019 up 50.0% rising
1 Malaysia 3 DB15-20 methodology 2019 up 50.0% rising
1 Namibia 3 DB15-20 methodology 2019 unchanged flat
1 New Zealand 3 DB15-20 methodology 2019 unchanged rising
1 Poland, Republic of 3 DB15-20 methodology 2019 unchanged rising
1 Puerto Rico 3 DB15-20 methodology 2019 unchanged flat
1 Portugal 3 DB15-20 methodology 2019 unchanged flat
1 Rwanda 3 DB15-20 methodology 2019 unchanged rising
1 Saudi Arabia 3 DB15-20 methodology 2019 up 50.0% rising
1 Singapore 3 DB15-20 methodology 2019 unchanged flat
1 Slovak Republic 3 DB15-20 methodology 2019 unchanged rising
1 Sweden 3 DB15-20 methodology 2019 unchanged flat
1 Eswatini, Kingdom of 3 DB15-20 methodology 2019 up 50.0% rising
1 Türkiye, Republic of 3 DB15-20 methodology 2019 unchanged flat
1 Tanzania, United Republic of 3 DB15-20 methodology 2019 unchanged rising
1 United States 3 DB15-20 methodology 2019 unchanged flat
1 South Africa 3 DB15-20 methodology 2019 unchanged flat
1 Zambia 3 DB15-20 methodology 2019 up 50.0% rising
1 Zimbabwe 3 DB15-20 methodology 2019 unchanged flat
52 Argentina 2.5 DB15-20 methodology 2019 unchanged flat
52 Armenia, Republic of 2.5 DB15-20 methodology 2019 unchanged flat
52 Australia 2.5 DB15-20 methodology 2019 unchanged flat
52 Austria 2.5 DB15-20 methodology 2019 unchanged flat
52 Burundi 2.5 DB15-20 methodology 2019 unchanged rising
52 Belgium 2.5 DB15-20 methodology 2019 unchanged flat
52 Bulgaria 2.5 DB15-20 methodology 2019 unchanged flat
52 Bahrain, Kingdom of 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Bolivia 2.5 DB15-20 methodology 2019 unchanged flat
52 Brazil 2.5 DB15-20 methodology 2019 unchanged rising
52 Barbados 2.5 DB15-20 methodology 2019 unchanged flat
52 Canada 2.5 DB15-20 methodology 2019 unchanged flat
52 Chile 2.5 DB15-20 methodology 2019 unchanged flat
52 Cabo Verde 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Czech Republic 2.5 DB15-20 methodology 2019 unchanged flat
52 Djibouti 2.5 DB15-20 methodology 2019 down 16.7% falling
52 Dominican Republic 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Egypt, Arab Republic of 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Estonia 2.5 DB15-20 methodology 2019 unchanged rising
52 Micronesia, Federated States of 2.5 DB15-20 methodology 2019 unchanged rising
52 Georgia 2.5 DB15-20 methodology 2019 up 66.7% falling
52 Greece 2.5 DB15-20 methodology 2019 unchanged rising
52 Grenada 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Hungary 2.5 DB15-20 methodology 2019 unchanged flat
52 Iceland 2.5 DB15-20 methodology 2019 unchanged flat
52 Jamaica 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Jordan 2.5 DB15-20 methodology 2019 up 25.0% rising
52 St. Kitts and Nevis 2.5 DB15-20 methodology 2019 up 150.0% rising
52 Korea, Republic of 2.5 DB15-20 methodology 2019 unchanged flat
52 Liberia 2.5 DB15-20 methodology 2019 — volatile
52 Sri Lanka 2.5 DB15-20 methodology 2019 unchanged rising
52 Lithuania, Republic of 2.5 DB15-20 methodology 2019 unchanged flat
52 Luxembourg 2.5 DB15-20 methodology 2019 unchanged flat
52 Latvia, Republic of 2.5 DB15-20 methodology 2019 unchanged rising
52 Moldova, Republic of 2.5 DB15-20 methodology 2019 unchanged flat
52 Mexico 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Malta 2.5 DB15-20 methodology 2019 unchanged flat
52 Montenegro 2.5 DB15-20 methodology 2019 unchanged flat
52 Mozambique, Republic of 2.5 DB15-20 methodology 2019 up 25.0% volatile
52 Netherlands, The 2.5 DB15-20 methodology 2019 unchanged flat
52 Norway 2.5 DB15-20 methodology 2019 unchanged flat
52 Pakistan 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Panama 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Peru 2.5 DB15-20 methodology 2019 unchanged flat
52 Philippines 2.5 DB15-20 methodology 2019 unchanged flat
52 Paraguay 2.5 DB15-20 methodology 2019 unchanged flat
52 Romania 2.5 DB15-20 methodology 2019 unchanged flat
52 Russian Federation 2.5 DB15-20 methodology 2019 unchanged flat
52 Serbia, Republic of 2.5 DB15-20 methodology 2019 unchanged rising
52 South Sudan, Republic of 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Suriname 2.5 DB15-20 methodology 2019 unchanged flat
52 Slovenia, Republic of 2.5 DB15-20 methodology 2019 unchanged flat
52 Seychelles 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Thailand 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Timor-Leste, Democratic Republic of 2.5 DB15-20 methodology 2019 unchanged flat
52 Trinidad and Tobago 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Uganda 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Uruguay 2.5 DB15-20 methodology 2019 unchanged rising
52 Uzbekistan, Republic of 2.5 DB15-20 methodology 2019 unchanged rising
52 St. Vincent and the Grenadines 2.5 DB15-20 methodology 2019 up 25.0% rising
52 Vietnam 2.5 DB15-20 methodology 2019 unchanged flat
52 Samoa 2.5 DB15-20 methodology 2019 unchanged rising
52 Kosovo 2.5 DB15-20 methodology 2019 — volatile
52 Taiwan Province of China 2.5 DB15-20 methodology 2019 unchanged flat
116 Afghanistan, Islamic Republic of 2 DB15-20 methodology 2019 unchanged flat
116 Angola 2 DB15-20 methodology 2019 unchanged flat
116 United Arab Emirates 2 DB15-20 methodology 2019 unchanged flat
116 Antigua and Barbuda 2 DB15-20 methodology 2019 unchanged flat
116 Benin 2 DB15-20 methodology 2019 unchanged flat
116 Burkina Faso 2 DB15-20 methodology 2019 unchanged flat
116 Bangladesh 2 DB15-20 methodology 2019 unchanged flat
116 Bahamas, The 2 DB15-20 methodology 2019 unchanged flat
116 Belarus, Republic of 2 DB15-20 methodology 2019 unchanged flat
116 Belize 2 DB15-20 methodology 2019 unchanged flat
116 Bhutan 2 DB15-20 methodology 2019 unchanged flat
116 Central African Republic 2 DB15-20 methodology 2019 unchanged flat
116 Côte d'Ivoire 2 DB15-20 methodology 2019 unchanged flat
116 Cameroon 2 DB15-20 methodology 2019 unchanged flat
116 Congo, Democratic Republic of the 2 DB15-20 methodology 2019 unchanged flat
116 Congo, Republic of 2 DB15-20 methodology 2019 unchanged flat
116 Comoros, Union of the 2 DB15-20 methodology 2019 unchanged flat
116 Dominica 2 DB15-20 methodology 2019 unchanged flat
116 Ecuador 2 DB15-20 methodology 2019 up 33.3% rising
116 Eritrea, The State of 2 DB15-20 methodology 2019 unchanged flat
116 Ethiopia, The Federal Democratic Republic of 2 DB15-20 methodology 2019 unchanged flat
116 Fiji, Republic of 2 DB15-20 methodology 2019 unchanged flat
116 Gabon 2 DB15-20 methodology 2019 unchanged flat
116 Ghana 2 DB15-20 methodology 2019 unchanged flat
116 Guinea 2 DB15-20 methodology 2019 unchanged flat
116 Guinea-Bissau 2 DB15-20 methodology 2019 unchanged flat
116 Equatorial Guinea, Republic of 2 DB15-20 methodology 2019 unchanged flat
116 Guatemala 2 DB15-20 methodology 2019 unchanged flat
116 Guyana 2 DB15-20 methodology 2019 unchanged flat
116 Hong Kong Special Administrative Region, People's Republic of China 2 DB15-20 methodology 2019 unchanged flat
116 Honduras 2 DB15-20 methodology 2019 unchanged flat
116 Haiti 2 DB15-20 methodology 2019 unchanged flat
116 India 2 DB15-20 methodology 2019 unchanged flat
116 Iran, Islamic Republic of 2 DB15-20 methodology 2019 unchanged flat
116 Iraq 2 DB15-20 methodology 2019 unchanged flat
116 Kiribati 2 DB15-20 methodology 2019 unchanged flat
116 Kuwait 2 DB15-20 methodology 2019 unchanged flat
116 Lao People's Democratic Republic 2 DB15-20 methodology 2019 unchanged flat
116 Lebanon 2 DB15-20 methodology 2019 unchanged flat
116 Libya 2 DB15-20 methodology 2019 unchanged flat
116 St. Lucia 2 DB15-20 methodology 2019 unchanged flat
116 Madagascar, Republic of 2 DB15-20 methodology 2019 unchanged falling
116 Maldives 2 DB15-20 methodology 2019 unchanged flat
116 Mali 2 DB15-20 methodology 2019 unchanged flat
116 Myanmar 2 DB15-20 methodology 2019 unchanged flat
116 Mongolia 2 DB15-20 methodology 2019 unchanged flat
116 Mauritania, Islamic Republic of 2 DB15-20 methodology 2019 unchanged flat
116 Niger 2 DB15-20 methodology 2019 unchanged flat
116 Nigeria 2 DB15-20 methodology 2019 unchanged flat
116 Nicaragua 2 DB15-20 methodology 2019 unchanged flat
116 Nepal 2 DB15-20 methodology 2019 unchanged rising
116 Oman 2 DB15-20 methodology 2019 unchanged flat
116 Papua New Guinea 2 DB15-20 methodology 2019 unchanged flat
116 Palestine 2 DB15-20 methodology 2019 unchanged flat
116 Qatar 2 DB15-20 methodology 2019 unchanged volatile
116 Sudan 2 DB15-20 methodology 2019 unchanged flat
116 Senegal 2 DB15-20 methodology 2019 unchanged flat
116 Solomon Islands 2 DB15-20 methodology 2019 unchanged flat
116 Sierra Leone 2 DB15-20 methodology 2019 unchanged flat
116 El Salvador 2 DB15-20 methodology 2019 unchanged flat
116 São Tomé and Príncipe, Democratic Republic of 2 DB15-20 methodology 2019 unchanged flat
116 Syrian Arab Republic 2 DB15-20 methodology 2019 unchanged flat
116 Chad 2 DB15-20 methodology 2019 unchanged flat
116 Togo 2 DB15-20 methodology 2019 unchanged flat
116 Tonga 2 DB15-20 methodology 2019 unchanged flat
116 Tunisia 2 DB15-20 methodology 2019 unchanged flat
116 Ukraine 2 DB15-20 methodology 2019 unchanged flat
116 Venezuela, República Bolivariana de 2 DB15-20 methodology 2019 unchanged flat
116 Vanuatu 2 DB15-20 methodology 2019 unchanged flat
116 Yemen, Republic of 2 DB15-20 methodology 2019 unchanged flat
186 San Marino, Republic of 1.5 DB15-20 methodology 2019 unchanged rising
186 Tajikistan, Republic of 1.5 DB15-20 methodology 2019 unchanged flat
188 Marshall Islands, Republic of the 0 DB15-20 methodology 2019 — flat
188 Palau, Republic of 0 DB15-20 methodology 2019 — flat
188 Somalia 0 DB15-20 methodology 2019 — flat

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Resolving insolvency: Commencement of proceedings index (0-3) by country. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-commencement-of-proceedings-index-0-3-db15-20-methodology/

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About this data

Indicator
Resolving insolvency: Commencement of proceedings index (0-3) (DB15-20 methodology)
Unit
DB15-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,230 data points, 2003–2019
Last refreshed

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.