Resolving insolvency: Cost in Gambia

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

Latest (2019)
14.5%
Change on year
unchanged
World rank
79th
of 168 countries
All-time high
14.5%
in 2005
All-time low
14.5%
in 2005
Years of data
15
2005–2019

Resolving insolvency: Cost in Gambia, 2005–2019

0510152005201220192005: 14.5 % of estate2006: 14.5 % of estate2007: 14.5 % of estate2008: 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

In 2019, resolving insolvency: cost in Gambia stood at 14.5%. That is the highest value across all 15 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, resolving insolvency: cost in Gambia peaked at 14.5% in 2005 and was at its lowest, 14.5%, in 2005.

That places Gambia 79th out of 168 countries with data for 2019, putting it in the middle of the range.

Resolving insolvency: Cost in Gambia, year by year

Annual values for Resolving insolvency: Cost (% of estate) in Gambia, 2005 to 2019.
Year % of estate Change
2005 14.5%
2006 14.5% +0.0%
2007 14.5% +0.0%
2008 14.5% +0.0%
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%

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.5% 14.5% 14.5% 5
2010s 14.5% 14.5% 14.5% 10

Countries ranked near Gambia

  1. 79 Bolivia, Plurinational State of 14.5% compare
  2. 79 Chile 14.5% compare
  3. 79 Costa Rica 14.5% compare
  4. 79 Croatia 14.5% compare
  5. 79 Cyprus 14.5% compare
  6. 79 Eswatini 14.5% compare
  7. 79 Ethiopia 14.5% compare
  8. 79 Gabon 14.5% compare
  9. 79 Guatemala 14.5% compare
  10. 79 Honduras 14.5% compare
  11. 79 Hungary 14.5% compare
  12. 79 Luxembourg 14.5% compare
  13. 79 Mauritius 14.5% compare
  14. 79 Namibia 14.5% compare
  15. 79 Nicaragua 14.5% compare
  16. 79 Türkiye 14.5% compare
  17. 79 Viet Nam 14.5% compare

See the full ranking of 168 places →

More reference data data for Gambia

All data for Gambia →

Frequently asked questions

What is resolving insolvency: cost in Gambia?
Resolving insolvency: cost in Gambia was 14.5% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Gambia?
The highest recorded value was 14.5% in 2005.
What is the lowest resolving insolvency: cost recorded in Gambia?
The lowest recorded value was 14.5% in 2005.
How does Gambia rank for resolving insolvency: cost?
Gambia ranks 79th out of 168 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Gambia?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Gambia 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 Gambia. Statizoid. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-cost-percent-of-estate/gambia-the/

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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
168 places, 2,747 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.