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Resolving insolvency: Commencement of proceedings index (0-3) in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Resolving insolvency: Commencement of proceedings index (0-3) was 2 DB15-20 methodology in 2019. ▬ Flat

Latest (2019)
2 DB15-20 methodology
Change on year
unchanged
World rank
117th
of 191 countries
All-time high
2 DB15-20 methodology
in 2003
All-time low
2 DB15-20 methodology
in 2003
Years of data
17
2003–2019

Resolving insolvency: Commencement of proceedings index (0-3) in Venezuela, Bolivarian Republic of, 2003–2019

00.511.522003201120192003: 2 DB15-20 methodology2004: 2 DB15-20 methodology2005: 2 DB15-20 methodology2006: 2 DB15-20 methodology2007: 2 DB15-20 methodology2008: 2 DB15-20 methodology2009: 2 DB15-20 methodology2010: 2 DB15-20 methodology2011: 2 DB15-20 methodology2012: 2 DB15-20 methodology2013: 2 DB15-20 methodology2014: 2 DB15-20 methodology2015: 2 DB15-20 methodology2016: 2 DB15-20 methodology2017: 2 DB15-20 methodology2018: 2 DB15-20 methodology2019: 2 DB15-20 methodology

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

Analysis

In 2019, resolving insolvency: commencement of proceedings index (0-3) in Venezuela, Bolivarian Republic of stood at 2 DB15-20 methodology. That is the highest value across all 17 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, resolving insolvency: commencement of proceedings index (0-3) in Venezuela, Bolivarian Republic of peaked at 2 DB15-20 methodology in 2003 and was at its lowest, 2 DB15-20 methodology, in 2003.

Venezuela, Bolivarian Republic of ranks 117th of 191 countries on this measure, in the middle of the range.

Resolving insolvency: Commencement of proceedings index (0-3) in Venezuela, Bolivarian Republic of, year by year

Year DB15-20 methodology Change
2003 2 DB15-20 methodology —
2004 2 DB15-20 methodology +0.0%
2005 2 DB15-20 methodology +0.0%
2006 2 DB15-20 methodology +0.0%
2007 2 DB15-20 methodology +0.0%
2008 2 DB15-20 methodology +0.0%
2009 2 DB15-20 methodology +0.0%
2010 2 DB15-20 methodology +0.0%
2011 2 DB15-20 methodology +0.0%
2012 2 DB15-20 methodology +0.0%
2013 2 DB15-20 methodology +0.0%
2014 2 DB15-20 methodology +0.0%
2015 2 DB15-20 methodology +0.0%
2016 2 DB15-20 methodology +0.0%
2017 2 DB15-20 methodology +0.0%
2018 2 DB15-20 methodology +0.0%
2019 2 DB15-20 methodology +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2 DB15-20 methodology 2 DB15-20 methodology 2 DB15-20 methodology 7
2010s 2 DB15-20 methodology 2 DB15-20 methodology 2 DB15-20 methodology 10

Countries ranked near Venezuela, Bolivarian Republic of

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  10. 117 Benin 2 DB15-20 methodology compare
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  12. 117 Burkina Faso 2 DB15-20 methodology compare
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  14. 117 Central African Republic 2 DB15-20 methodology compare
  15. 117 Chad 2 DB15-20 methodology compare
  16. 117 Comoros 2 DB15-20 methodology compare
  17. 117 Congo, Democratic Republic of the 2 DB15-20 methodology compare
  18. 117 Congo 2 DB15-20 methodology compare
  19. 117 Côte d'Ivoire 2 DB15-20 methodology compare
  20. 117 Dominica 2 DB15-20 methodology compare
  21. 117 Ecuador 2 DB15-20 methodology compare
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  23. 117 Equatorial Guinea 2 DB15-20 methodology compare
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  25. 117 Ethiopia 2 DB15-20 methodology compare
  26. 117 Fiji 2 DB15-20 methodology compare
  27. 117 Gabon 2 DB15-20 methodology compare
  28. 117 Ghana 2 DB15-20 methodology compare
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  30. 117 Guinea 2 DB15-20 methodology compare
  31. 117 Guinea-Bissau 2 DB15-20 methodology compare
  32. 117 Guyana 2 DB15-20 methodology compare
  33. 117 Haiti 2 DB15-20 methodology compare
  34. 117 Honduras 2 DB15-20 methodology compare
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  36. 117 Iran, Islamic Republic of 2 DB15-20 methodology compare
  37. 117 Iraq 2 DB15-20 methodology compare
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  43. 117 Madagascar 2 DB15-20 methodology compare
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  47. 117 Mongolia 2 DB15-20 methodology compare
  48. 117 Myanmar 2 DB15-20 methodology compare
  49. 117 Nepal 2 DB15-20 methodology compare
  50. 117 Nicaragua 2 DB15-20 methodology compare
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  53. 117 Papua New Guinea 2 DB15-20 methodology compare
  54. 117 Qatar 2 DB15-20 methodology compare
  55. 117 Sao Tome and Principe 2 DB15-20 methodology compare
  56. 117 Senegal 2 DB15-20 methodology compare
  57. 117 Sierra Leone 2 DB15-20 methodology compare
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  59. 117 Saint Lucia 2 DB15-20 methodology compare
  60. 117 Sudan 2 DB15-20 methodology compare
  61. 117 Syrian Arab Republic 2 DB15-20 methodology compare
  62. 117 Togo 2 DB15-20 methodology compare
  63. 117 Tonga 2 DB15-20 methodology compare
  64. 117 Tunisia 2 DB15-20 methodology compare
  65. 117 Ukraine 2 DB15-20 methodology compare
  66. 117 United Arab Emirates 2 DB15-20 methodology compare
  67. 117 Vanuatu 2 DB15-20 methodology compare
  68. 117 Palestine, State of 2 DB15-20 methodology compare
  69. 117 Yemen 2 DB15-20 methodology compare

See the full ranking of 191 places →

More reference data data for Venezuela, Bolivarian Republic of

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Frequently asked questions

What is resolving insolvency: commencement of proceedings index (0-3) in Venezuela, Bolivarian Republic of?
Resolving insolvency: commencement of proceedings index (0-3) in Venezuela, Bolivarian Republic of was 2 DB15-20 methodology in 2019, according to the World Bank.
What is the highest resolving insolvency: commencement of proceedings index (0-3) recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 2 DB15-20 methodology in 2003.
What is the lowest resolving insolvency: commencement of proceedings index (0-3) recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 2 DB15-20 methodology in 2003.
How does Venezuela, Bolivarian Republic of rank for resolving insolvency: commencement of proceedings index (0-3)?
Venezuela, Bolivarian Republic of ranks 117th out of 191 countries with data for 2019.
Is resolving insolvency: commencement of proceedings index (0-3) rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Venezuela, Bolivarian Republic 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.

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Resolving insolvency: Commencement of proceedings index (0-3) in Venezuela, Bolivarian Republic of. Statizoid. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-commencement-of-proceedings-index-0-3-db15-20-methodology/venezuela-rb/

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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.