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Resolving insolvency: Cost in Mongolia

Mongolia: Resolving insolvency: Cost was 15.0% in 2019. ▬ Flat

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

Resolving insolvency: Cost in Mongolia, 2003–2019

0510152003201120192003: 15 % of estate2004: 15 % of estate2005: 15 % of estate2006: 15 % of estate2007: 15 % of estate2008: 15 % of estate2009: 15 % of estate2010: 15 % of estate2011: 15 % of estate2012: 15 % of estate2013: 15 % 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

In 2019, resolving insolvency: cost in Mongolia stood at 15.0%. 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 Mongolia peaked at 15.0% in 2003 and was at its lowest, 15.0%, in 2003.

Mongolia ranks 67th of 165 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.0% 15.0% 15.0% 7
2010s 15.0% 15.0% 15.0% 10

Countries ranked near Mongolia

  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 Lithuania 15.0% compare
  8. 67 Moldova 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 Mongolia

All data for Mongolia →

Frequently asked questions

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