Resolving insolvency: Cost in Cyprus

Cyprus: Resolving insolvency: Cost was 14.5% in 2019. ▬ Flat

Latest (2019)
14.5%
Change on year
unchanged
World rank
77th
of 165 countries
All-time high
14.5%
in 2008
All-time low
14.5%
in 2008
Years of data
12
2008–2019

Resolving insolvency: Cost in Cyprus, 2008–2019

0510152008201320192008: 14.5 % of estate2009: 14.5 % of estate2010: 14.5 % of estate2011: 14.5 % of estate2012: 14.5 % of estate2013: 14.5 % of estate2014: 14.5 % of estate2015: 14.5 % of estate2016: 14.5 % of estate2017: 14.5 % of estate2018: 14.5 % of estate2019: 14.5 % of estate

Source: World Bank. Measured in % of estate.

Analysis

Cyprus recorded 14.5% for resolving insolvency: cost in 2019. That is the highest value across all 12 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, resolving insolvency: cost in Cyprus peaked at 14.5% in 2008 and was at its lowest, 14.5%, in 2008.

That places Cyprus 77th out of 165 countries with data for 2019, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.5% 14.5% 14.5% 2
2010s 14.5% 14.5% 14.5% 10

Countries ranked near Cyprus

  1. 77 Bolivia 14.5% compare
  2. 77 Chile 14.5% compare
  3. 77 Costa Rica 14.5% compare
  4. 77 Croatia 14.5% compare
  5. 77 Eswatini 14.5% compare
  6. 77 Ethiopia 14.5% compare
  7. 77 Gabon 14.5% compare
  8. 77 Gambia 14.5% compare
  9. 77 Guatemala 14.5% compare
  10. 77 Honduras 14.5% compare
  11. 77 Hungary 14.5% compare
  12. 77 Luxembourg 14.5% compare
  13. 77 Mauritius 14.5% compare
  14. 77 Namibia 14.5% compare
  15. 77 Nicaragua 14.5% compare
  16. 77 Turkey 14.5% compare
  17. 77 Vietnam 14.5% compare

See the full ranking of 167 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is resolving insolvency: cost in Cyprus?
Resolving insolvency: cost in Cyprus was 14.5% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Cyprus?
The highest recorded value was 14.5% in 2008.
What is the lowest resolving insolvency: cost recorded in Cyprus?
The lowest recorded value was 14.5% in 2008.
How does Cyprus rank for resolving insolvency: cost?
Cyprus ranks 77th out of 165 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Cyprus?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Cyprus 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 — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.