Resolving insolvency: Cost in Armenia

Armenia: Resolving insolvency: Cost was 11.0% in 2019. ▬ Flat

Latest (2019)
11.0%
Change on year
unchanged
World rank
100th
of 167 countries
All-time high
11.0%
in 2003
All-time low
11.0%
in 2003
Years of data
17
2003–2019

Resolving insolvency: Cost in Armenia, 2003–2019

02.557.5102003201120192003: 11 % of estate2004: 11 % of estate2005: 11 % of estate2006: 11 % of estate2007: 11 % of estate2008: 11 % of estate2009: 11 % of estate2010: 11 % of estate2011: 11 % of estate2012: 11 % of estate2013: 11 % of estate2014: 11 % of estate2015: 11 % of estate2016: 11 % of estate2017: 11 % of estate2018: 11 % of estate2019: 11 % of estate

Source: World Bank. Measured in % of estate.

Analysis

Armenia recorded 11.0% for resolving insolvency: cost in 2019. That is the highest value across all 17 years on record.

The figure is unchanged over ten years.

Over the whole period, resolving insolvency: cost in Armenia peaked at 11.0% in 2003 and was at its lowest, 11.0%, in 2003.

That places Armenia 100th out of 167 countries with data for 2019, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.0% 11.0% 11.0% 7
2010s 11.0% 11.0% 11.0% 10

Countries ranked near Armenia

  1. 100 Djibouti 11.0% compare
  2. 100 Puerto Rico 11.0% compare
  3. 100 Seychelles 11.0% compare
  4. 100 Spain 11.0% compare

See the full ranking of 167 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is resolving insolvency: cost in Armenia?
Resolving insolvency: cost in Armenia was 11.0% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Armenia?
The highest recorded value was 11.0% in 2003.
What is the lowest resolving insolvency: cost recorded in Armenia?
The lowest recorded value was 11.0% in 2003.
How does Armenia rank for resolving insolvency: cost?
Armenia ranks 100th out of 167 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Armenia?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Armenia data come from?
The figures come from the World Bank, published as part of Resolving insolvency: Cost (% of estate). Statizoid updates them automatically from the source API.

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Resolving insolvency: Cost in Armenia. Statizoid. Retrieved 21 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-cost-percent-of-estate/armenia/

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About this data

Indicator
Resolving insolvency: Cost (% of estate)
Unit
% of estate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 2,736 data points, 2003–2019
Last refreshed

The cost to resolve insolvency is the cost of the proceedings is recorded as a percentage of the value of the debtor’s estate, including court fees and government levies, fees of insolvency administrators, auctioneers, assessors and lawyers, and all other fees and costs.