Resolving insolvency: Cost in Hong Kong
Hong Kong: Resolving insolvency: Cost was 5.0% in 2019. ▼ Falling
Resolving insolvency: Cost in Hong Kong, 2003–2019
Source: World Bank. Measured in % of estate.
Analysis
Hong Kong recorded 5.0% for resolving insolvency: cost in 2019. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 44.4% over ten years.
Over the whole period, resolving insolvency: cost in Hong Kong peaked at 9.0% in 2003 and was at its lowest, 5.0%, in 2014.
Hong Kong ranks 151st of 168 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Resolving insolvency: Cost in Hong Kong, year by year
| Year | % of estate | Change |
|---|---|---|
| 2003 | 9.0% | — |
| 2004 | 9.0% | +0.0% |
| 2005 | 9.0% | +0.0% |
| 2006 | 9.0% | +0.0% |
| 2007 | 9.0% | +0.0% |
| 2008 | 9.0% | +0.0% |
| 2009 | 9.0% | +0.0% |
| 2010 | 9.0% | +0.0% |
| 2011 | 9.0% | +0.0% |
| 2012 | 9.0% | +0.0% |
| 2013 | 9.0% | +0.0% |
| 2014 | 5.0% | -44.4% |
| 2015 | 5.0% | +0.0% |
| 2016 | 5.0% | +0.0% |
| 2017 | 5.0% | +0.0% |
| 2018 | 5.0% | +0.0% |
| 2019 | 5.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.0% | 9.0% | 9.0% | 7 |
| 2010s | 6.6% | 5.0% | 9.0% | 10 |
Countries ranked near Hong Kong
- 150 United Kingdom of Great Britain and Northern Ireland 6.0% compare
- 151 San Marino 5.0% compare
- 153 Switzerland 4.5% compare
- 154 Japan 4.2% compare
More reference data data for Hong Kong
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0072 (2050)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 0.0041 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Crop Residues 0.0002 (1990)
- Emission Totals - Emissions (CO2eq) (AR5) - Enteric Fermentation 6.8 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 20.78 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure Management 6.26 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 1.38 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric 6.8 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 0 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Burning - Crop residues 0 (2050)
Frequently asked questions
- What is resolving insolvency: cost in Hong Kong?
- Resolving insolvency: cost in Hong Kong was 5.0% in 2019, according to the World Bank.
- What is the highest resolving insolvency: cost recorded in Hong Kong?
- The highest recorded value was 9.0% in 2003.
- What is the lowest resolving insolvency: cost recorded in Hong Kong?
- The lowest recorded value was 5.0% in 2014.
- How does Hong Kong rank for resolving insolvency: cost?
- Hong Kong ranks 151st out of 168 countries with data for 2019.
- Is resolving insolvency: cost rising or falling in Hong Kong?
- Over the last ten years it is down 44.4%. The long-run trend across the full record is falling.
- Where does this Hong Kong 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.