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Resolving insolvency: Commencement of proceedings index (0-3) in Saint Kitts and Nevis

Saint Kitts and Nevis: 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 191 countries
All-time high
2.5 DB15-20 methodology
in 2014
All-time low
1 DB15-20 methodology
in 2003
Years of data
17
2003–2019

Resolving insolvency: Commencement of proceedings index (0-3) in Saint Kitts and Nevis, 2003–2019

00.511.522.52003201120192003: 1 DB15-20 methodology2004: 1 DB15-20 methodology2005: 1 DB15-20 methodology2006: 1 DB15-20 methodology2007: 1 DB15-20 methodology2008: 1 DB15-20 methodology2009: 1 DB15-20 methodology2010: 1 DB15-20 methodology2011: 1 DB15-20 methodology2012: 1 DB15-20 methodology2013: 1 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

The most recent figure for resolving insolvency: commencement of proceedings index (0-3) in Saint Kitts and Nevis is 2.5 DB15-20 methodology, measured in 2019. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 150.0% over ten years.

Over the whole period, resolving insolvency: commencement of proceedings index (0-3) in Saint Kitts and Nevis peaked at 2.5 DB15-20 methodology in 2014 and was at its lowest, 1 DB15-20 methodology, in 2003.

That places Saint Kitts and Nevis 52nd out of 191 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 Saint Kitts and Nevis, year by year

Year DB15-20 methodology Change
2003 1 DB15-20 methodology —
2004 1 DB15-20 methodology +0.0%
2005 1 DB15-20 methodology +0.0%
2006 1 DB15-20 methodology +0.0%
2007 1 DB15-20 methodology +0.0%
2008 1 DB15-20 methodology +0.0%
2009 1 DB15-20 methodology +0.0%
2010 1 DB15-20 methodology +0.0%
2011 1 DB15-20 methodology +0.0%
2012 1 DB15-20 methodology +0.0%
2013 1 DB15-20 methodology +0.0%
2014 2.5 DB15-20 methodology +150.0%
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 DB15-20 methodology 1 DB15-20 methodology 1 DB15-20 methodology 7
2010s 1.9 DB15-20 methodology 1 DB15-20 methodology 2.5 DB15-20 methodology 10

Countries ranked near Saint Kitts and Nevis

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See the full ranking of 191 places →

More reference data data for Saint Kitts and Nevis

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Frequently asked questions

What is resolving insolvency: commencement of proceedings index (0-3) in Saint Kitts and Nevis?
Resolving insolvency: commencement of proceedings index (0-3) in Saint Kitts and Nevis 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 Saint Kitts and Nevis?
The highest recorded value was 2.5 DB15-20 methodology in 2014.
What is the lowest resolving insolvency: commencement of proceedings index (0-3) recorded in Saint Kitts and Nevis?
The lowest recorded value was 1 DB15-20 methodology in 2003.
How does Saint Kitts and Nevis rank for resolving insolvency: commencement of proceedings index (0-3)?
Saint Kitts and Nevis ranks 52nd out of 191 countries with data for 2019.
Is resolving insolvency: commencement of proceedings index (0-3) rising or falling in Saint Kitts and Nevis?
Over the last ten years it is up 150.0%. The long-run trend across the full record is rising.
Where does this Saint Kitts and Nevis 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.

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Resolving insolvency: Commencement of proceedings index (0-3) in Saint Kitts and Nevis. Statizoid. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-commencement-of-proceedings-index-0-3-db15-20-methodology/st-kitts-and-nevis/

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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
191 places, 3,247 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.