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Resolving insolvency: Cost in Lithuania

Lithuania: Resolving insolvency: Cost was 15.0% in 2019. ▲ Rising

Latest (2019)
15.0%
Change on year
unchanged
World rank
67th
of 165 countries
All-time high
21.5%
in 2003
All-time low
7.0%
in 2004
Years of data
17
2003–2019

Resolving insolvency: Cost in Lithuania, 2003–2019

51015202003201120192003: 21.5 % of estate2004: 7 % of estate2005: 7 % of estate2006: 7 % of estate2007: 7 % of estate2008: 7 % of estate2009: 7 % of estate2010: 7 % of estate2011: 7 % of estate2012: 7 % of estate2013: 7 % of estate2014: 15 % of estate2015: 15 % of estate2016: 15 % of estate2017: 15 % of estate2018: 15 % of estate2019: 15 % of estate

Source: World Bank. Measured in % of estate.

Analysis

Lithuania recorded 15.0% for resolving insolvency: cost in 2019.

The figure is up 114.3% over ten years.

Over the whole period, resolving insolvency: cost in Lithuania peaked at 21.5% in 2003 and was at its lowest, 7.0%, in 2004.

That places Lithuania 67th out of 165 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.1% 7.0% 21.5% 7
2010s 11.8% 7.0% 15.0% 10

Countries ranked near Lithuania

  1. 65 Argentina 16.5% compare
  2. 66 Syria 16.0% compare
  3. 67 Barbados 15.0% compare
  4. 67 Iran 15.0% compare
  5. 67 Kazakhstan 15.0% compare
  6. 67 Lebanon 15.0% compare
  7. 67 Moldova 15.0% compare
  8. 67 Mongolia 15.0% compare
  9. 67 Poland 15.0% compare
  10. 67 Togo 15.0% compare
  11. 67 Yemen 15.0% compare

See the full ranking of 167 places →

More reference data data for Lithuania

All data for Lithuania →

Frequently asked questions

What is resolving insolvency: cost in Lithuania?
Resolving insolvency: cost in Lithuania was 15.0% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Lithuania?
The highest recorded value was 21.5% in 2003.
What is the lowest resolving insolvency: cost recorded in Lithuania?
The lowest recorded value was 7.0% in 2004.
How does Lithuania rank for resolving insolvency: cost?
Lithuania ranks 67th out of 165 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Lithuania?
Over the last ten years it is up 114.3%. The long-run trend across the full record is rising.
Where does this Lithuania 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

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.