Resolving insolvency: Cost in Cyprus
Cyprus: Resolving insolvency: Cost was 14.5% in 2019. ▬ Flat
Resolving insolvency: Cost in Cyprus, 2008–2019
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 79th out of 168 countries with data for 2019, putting it in the middle of the range.
Resolving insolvency: Cost in Cyprus, year by year
| Year | % of estate | Change |
|---|---|---|
| 2008 | 14.5% | — |
| 2009 | 14.5% | +0.0% |
| 2010 | 14.5% | +0.0% |
| 2011 | 14.5% | +0.0% |
| 2012 | 14.5% | +0.0% |
| 2013 | 14.5% | +0.0% |
| 2014 | 14.5% | +0.0% |
| 2015 | 14.5% | +0.0% |
| 2016 | 14.5% | +0.0% |
| 2017 | 14.5% | +0.0% |
| 2018 | 14.5% | +0.0% |
| 2019 | 14.5% | +0.0% |
Cyprus compared with similar countries
- Cyprus's 14.5% is above the median for high income countries, which is 9.2%, 1.6× the median. (60 countries reporting)
- Cyprus's 14.5% is above the median for Europe & Central Asia, which is 10.0%, 1.4× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.5% | 14.5% | 14.5% | 2 |
| 2010s | 14.5% | 14.5% | 14.5% | 10 |
Countries ranked near Cyprus
- 79 Bolivia 14.5% compare
- 79 Chile 14.5% compare
- 79 Costa Rica 14.5% compare
- 79 Croatia 14.5% compare
- 79 Eswatini 14.5% compare
- 79 Ethiopia 14.5% compare
- 79 Gabon 14.5% compare
- 79 Gambia 14.5% compare
- 79 Guatemala 14.5% compare
- 79 Honduras 14.5% compare
- 79 Hungary 14.5% compare
- 79 Luxembourg 14.5% compare
- 79 Mauritius 14.5% compare
- 79 Namibia 14.5% compare
- 79 Nicaragua 14.5% compare
- 79 Turkey 14.5% compare
- 79 Vietnam 14.5% compare
More reference data data for Cyprus
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.043 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0752 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1565 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0045 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1565 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1441 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1715 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3058 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7841 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0245 (2050)
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 79th out of 168 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.
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CSV · JSON — 12 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.