Resolving insolvency: Cost in Australia
Australia: Resolving insolvency: Cost was 8.0% in 2019. ▬ Flat
Resolving insolvency: Cost in Australia, 2003–2019
Source: World Bank. Measured in % of estate.
Analysis
In 2019, resolving insolvency: cost in Australia stood at 8.0%. 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: cost in Australia peaked at 8.0% in 2003 and was at its lowest, 8.0%, in 2003.
That places Australia 138th out of 167 countries with data for 2019, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.0% | 8.0% | 8.0% | 7 |
| 2010s | 8.0% | 8.0% | 8.0% | 10 |
Countries ranked near Australia
- 136 Colombia 8.5% compare
- 136 Madagascar, Republic of 8.5% compare
- 138 Bangladesh 8.0% compare
- 138 Germany 8.0% compare
- 138 Montenegro 8.0% compare
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is resolving insolvency: cost in Australia?
- Resolving insolvency: cost in Australia was 8.0% in 2019, according to the World Bank.
- What is the highest resolving insolvency: cost recorded in Australia?
- The highest recorded value was 8.0% in 2003.
- What is the lowest resolving insolvency: cost recorded in Australia?
- The lowest recorded value was 8.0% in 2003.
- How does Australia rank for resolving insolvency: cost?
- Australia ranks 138th out of 167 countries with data for 2019.
- Is resolving insolvency: cost rising or falling in Australia?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Australia 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.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.