Resolving insolvency: Cost in Jamaica

Jamaica: Resolving insolvency: Cost was 18.0% in 2019. ▬ Flat

Latest (2019)
18.0%
Change on year
unchanged
World rank
49th
of 167 countries
All-time high
18.0%
in 2003
All-time low
18.0%
in 2003
Years of data
17
2003–2019

Resolving insolvency: Cost in Jamaica, 2003–2019

051015202003201120192003: 18 % of estate2004: 18 % of estate2005: 18 % of estate2006: 18 % of estate2007: 18 % of estate2008: 18 % of estate2009: 18 % of estate2010: 18 % of estate2011: 18 % of estate2012: 18 % of estate2013: 18 % of estate2014: 18 % of estate2015: 18 % of estate2016: 18 % of estate2017: 18 % of estate2018: 18 % of estate2019: 18 % of estate

Source: World Bank. Measured in % of estate.

Analysis

The most recent figure for resolving insolvency: cost in Jamaica is 18.0%, measured in 2019. 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 Jamaica peaked at 18.0% in 2003 and was at its lowest, 18.0%, in 2003.

Jamaica ranks 49th of 167 countries on this measure, in the middle of the range.

Resolving insolvency: Cost in Jamaica, year by year

Annual values for Resolving insolvency: Cost (% of estate) in Jamaica, 2003 to 2019.
Year % of estate Change
2003 18.0%
2004 18.0% +0.0%
2005 18.0% +0.0%
2006 18.0% +0.0%
2007 18.0% +0.0%
2008 18.0% +0.0%
2009 18.0% +0.0%
2010 18.0% +0.0%
2011 18.0% +0.0%
2012 18.0% +0.0%
2013 18.0% +0.0%
2014 18.0% +0.0%
2015 18.0% +0.0%
2016 18.0% +0.0%
2017 18.0% +0.0%
2018 18.0% +0.0%
2019 18.0% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.0% 18.0% 18.0% 7
2010s 18.0% 18.0% 18.0% 10

Countries ranked near Jamaica

  1. 49 Mexico 18.0% compare
  2. 49 Botswana 18.0% compare
  3. 49 Cambodia 18.0% compare
  4. 49 Côte d'Ivoire 18.0% compare
  5. 49 Ecuador 18.0% compare
  6. 49 Mali 18.0% compare
  7. 49 Morocco 18.0% compare
  8. 49 Myanmar 18.0% compare
  9. 49 Niger 18.0% compare
  10. 49 Slovak Republic 18.0% compare
  11. 49 South Africa 18.0% compare
  12. 49 Thailand 18.0% compare

See the full ranking of 167 places →

More reference data data for Jamaica

All data for Jamaica →

Frequently asked questions

What is resolving insolvency: cost in Jamaica?
Resolving insolvency: cost in Jamaica was 18.0% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Jamaica?
The highest recorded value was 18.0% in 2003.
What is the lowest resolving insolvency: cost recorded in Jamaica?
The lowest recorded value was 18.0% in 2003.
How does Jamaica rank for resolving insolvency: cost?
Jamaica ranks 49th out of 167 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Jamaica?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Jamaica 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 Jamaica. Statizoid. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-cost-percent-of-estate/jamaica/

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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
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.