Statizoid

Resolving insolvency: Commencement of proceedings index (0-3) in Micronesia (Federated States of)

Micronesia (Federated States of): Resolving insolvency: Commencement of proceedings index (0-3) was 2.5 DB15-20 methodology in 2019. ▲ Rising

Latest (2019)
2.5 DB15-20 methodology
Change on year
unchanged
World rank
52nd
of 190 countries
All-time high
2.5 DB15-20 methodology
in 2006
All-time low
0 DB15-20 methodology
in 2003
Years of data
17
2003–2019

Resolving insolvency: Commencement of proceedings index (0-3) in Micronesia (Federated States of), 2003–2019

00.511.522.52003201120192003: 0 DB15-20 methodology2004: 0 DB15-20 methodology2005: 0 DB15-20 methodology2006: 2.5 DB15-20 methodology2007: 2.5 DB15-20 methodology2008: 2.5 DB15-20 methodology2009: 2.5 DB15-20 methodology2010: 2.5 DB15-20 methodology2011: 2.5 DB15-20 methodology2012: 2.5 DB15-20 methodology2013: 2.5 DB15-20 methodology2014: 2.5 DB15-20 methodology2015: 2.5 DB15-20 methodology2016: 2.5 DB15-20 methodology2017: 2.5 DB15-20 methodology2018: 2.5 DB15-20 methodology2019: 2.5 DB15-20 methodology

Source: World Bank. Measured in DB15-20 methodology.

Analysis

Micronesia (Federated States of) recorded 2.5 DB15-20 methodology for resolving insolvency: commencement of proceedings index (0-3) in 2019. That is the highest value across all 17 years on record.

That represents a change of unchanged over ten years.

Over the whole period, resolving insolvency: commencement of proceedings index (0-3) in Micronesia (Federated States of) peaked at 2.5 DB15-20 methodology in 2006 and was at its lowest, 0 DB15-20 methodology, in 2003.

That places Micronesia (Federated States of) 52nd out of 190 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Resolving insolvency: Commencement of proceedings index (0-3) in Micronesia (Federated States of), year by year

Year DB15-20 methodology Change
2003 0 DB15-20 methodology —
2004 0 DB15-20 methodology —
2005 0 DB15-20 methodology —
2006 2.5 DB15-20 methodology —
2007 2.5 DB15-20 methodology +0.0%
2008 2.5 DB15-20 methodology +0.0%
2009 2.5 DB15-20 methodology +0.0%
2010 2.5 DB15-20 methodology +0.0%
2011 2.5 DB15-20 methodology +0.0%
2012 2.5 DB15-20 methodology +0.0%
2013 2.5 DB15-20 methodology +0.0%
2014 2.5 DB15-20 methodology +0.0%
2015 2.5 DB15-20 methodology +0.0%
2016 2.5 DB15-20 methodology +0.0%
2017 2.5 DB15-20 methodology +0.0%
2018 2.5 DB15-20 methodology +0.0%
2019 2.5 DB15-20 methodology +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.43 DB15-20 methodology 0 DB15-20 methodology 2.5 DB15-20 methodology 7
2010s 2.5 DB15-20 methodology 2.5 DB15-20 methodology 2.5 DB15-20 methodology 10

Countries ranked near Micronesia (Federated States of)

  1. 52 Pakistan 2.5 DB15-20 methodology compare
  2. 52 Mexico 2.5 DB15-20 methodology compare
  3. 52 Russian Federation 2.5 DB15-20 methodology compare
  4. 52 Brazil 2.5 DB15-20 methodology compare
  5. 52 Argentina 2.5 DB15-20 methodology compare
  6. 52 Armenia 2.5 DB15-20 methodology compare
  7. 52 Australia 2.5 DB15-20 methodology compare
  8. 52 Austria 2.5 DB15-20 methodology compare
  9. 52 Bahrain 2.5 DB15-20 methodology compare
  10. 52 Barbados 2.5 DB15-20 methodology compare
  11. 52 Belgium 2.5 DB15-20 methodology compare
  12. 52 Bolivia, Plurinational State of 2.5 DB15-20 methodology compare
  13. 52 Bulgaria 2.5 DB15-20 methodology compare
  14. 52 Burundi 2.5 DB15-20 methodology compare
  15. 52 Cape Verde 2.5 DB15-20 methodology compare
  16. 52 Canada 2.5 DB15-20 methodology compare
  17. 52 Chile 2.5 DB15-20 methodology compare
  18. 52 Czechia 2.5 DB15-20 methodology compare
  19. 52 Djibouti 2.5 DB15-20 methodology compare
  20. 52 Dominican Republic 2.5 DB15-20 methodology compare
  21. 52 Egypt 2.5 DB15-20 methodology compare
  22. 52 Estonia 2.5 DB15-20 methodology compare
  23. 52 Georgia 2.5 DB15-20 methodology compare
  24. 52 Greece 2.5 DB15-20 methodology compare
  25. 52 Grenada 2.5 DB15-20 methodology compare
  26. 52 Hungary 2.5 DB15-20 methodology compare
  27. 52 Iceland 2.5 DB15-20 methodology compare
  28. 52 Jamaica 2.5 DB15-20 methodology compare
  29. 52 Jordan 2.5 DB15-20 methodology compare
  30. 52 Republic of Korea 2.5 DB15-20 methodology compare
  31. 52 Kosovo 2.5 DB15-20 methodology compare
  32. 52 Latvia 2.5 DB15-20 methodology compare
  33. 52 Liberia 2.5 DB15-20 methodology compare
  34. 52 Lithuania 2.5 DB15-20 methodology compare
  35. 52 Luxembourg 2.5 DB15-20 methodology compare
  36. 52 Malta 2.5 DB15-20 methodology compare
  37. 52 Republic of Moldova 2.5 DB15-20 methodology compare
  38. 52 Montenegro 2.5 DB15-20 methodology compare
  39. 52 Mozambique 2.5 DB15-20 methodology compare
  40. 52 Netherlands 2.5 DB15-20 methodology compare
  41. 52 Norway 2.5 DB15-20 methodology compare
  42. 52 Panama 2.5 DB15-20 methodology compare
  43. 52 Paraguay 2.5 DB15-20 methodology compare
  44. 52 Peru 2.5 DB15-20 methodology compare
  45. 52 Philippines 2.5 DB15-20 methodology compare
  46. 52 Romania 2.5 DB15-20 methodology compare
  47. 52 Samoa 2.5 DB15-20 methodology compare
  48. 52 Serbia 2.5 DB15-20 methodology compare
  49. 52 Seychelles 2.5 DB15-20 methodology compare
  50. 52 Slovenia 2.5 DB15-20 methodology compare
  51. 52 South Sudan 2.5 DB15-20 methodology compare
  52. 52 Sri Lanka 2.5 DB15-20 methodology compare
  53. 52 Saint Kitts and Nevis 2.5 DB15-20 methodology compare
  54. 52 Saint Vincent and the Grenadines 2.5 DB15-20 methodology compare
  55. 52 Suriname 2.5 DB15-20 methodology compare
  56. 52 Taiwan, China 2.5 DB15-20 methodology compare
  57. 52 Thailand 2.5 DB15-20 methodology compare
  58. 52 Timor-Leste 2.5 DB15-20 methodology compare
  59. 52 Trinidad and Tobago 2.5 DB15-20 methodology compare
  60. 52 Uganda 2.5 DB15-20 methodology compare
  61. 52 Uruguay 2.5 DB15-20 methodology compare
  62. 52 Uzbekistan 2.5 DB15-20 methodology compare
  63. 52 Viet Nam 2.5 DB15-20 methodology compare

See the full ranking of 190 places →

More reference data data for Micronesia (Federated States of)

All data for Micronesia (Federated States of) →

Frequently asked questions

What is resolving insolvency: commencement of proceedings index (0-3) in Micronesia (Federated States of)?
Resolving insolvency: commencement of proceedings index (0-3) in Micronesia (Federated States of) was 2.5 DB15-20 methodology in 2019, according to the World Bank.
What is the highest resolving insolvency: commencement of proceedings index (0-3) recorded in Micronesia (Federated States of)?
The highest recorded value was 2.5 DB15-20 methodology in 2006.
What is the lowest resolving insolvency: commencement of proceedings index (0-3) recorded in Micronesia (Federated States of)?
The lowest recorded value was 0 DB15-20 methodology in 2003.
How does Micronesia (Federated States of) rank for resolving insolvency: commencement of proceedings index (0-3)?
Micronesia (Federated States of) ranks 52nd out of 190 countries with data for 2019.
Is resolving insolvency: commencement of proceedings index (0-3) rising or falling in Micronesia (Federated States of)?
Over the last ten years it is unchanged. The long-run trend across the full record is rising.
Where does this Micronesia (Federated States of) data come from?
The figures come from the World Bank, published as part of Resolving insolvency: Commencement of proceedings index (0-3) (DB15-20 methodology). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Resolving insolvency: Commencement of proceedings index (0-3) in Micronesia (Federated States of). Statizoid. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-commencement-of-proceedings-index-0-3-db15-20-methodology/micronesia-fed-sts/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/resolving-insolvency-commencement-of-proceedings-index-0-3-db15-20-methodology/micronesia-fed-sts/">Resolving insolvency: Commencement of proceedings index (0-3) in Micronesia (Federated States of)</a> — Statizoid

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.