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 168 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 168 countries on this measure, in the middle of the range.

Resolving insolvency: Cost in Mongolia, year by year

Annual values for Resolving insolvency: Cost (% of estate) in Mongolia, 2003 to 2019.
Year % of estate Change
2003 15.0% —
2004 15.0% +0.0%
2005 15.0% +0.0%
2006 15.0% +0.0%
2007 15.0% +0.0%
2008 15.0% +0.0%
2009 15.0% +0.0%
2010 15.0% +0.0%
2011 15.0% +0.0%
2012 15.0% +0.0%
2013 15.0% +0.0%
2014 15.0% +0.0%
2015 15.0% +0.0%
2016 15.0% +0.0%
2017 15.0% +0.0%
2018 15.0% +0.0%
2019 15.0% +0.0%

Mongolia compared with similar countries

  • Mongolia's 15.0% is above the median for upper middle income countries, which is 15.0%, 1.0× the median. (50 countries reporting)
  • Mongolia's 15.0% is below the median for East Asia & Pacific, which is 18.0%, 83% of the median. (25 countries reporting)

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 Kosovo 15.0% compare
  7. 67 Lebanon 15.0% compare
  8. 67 Lithuania 15.0% compare
  9. 67 Moldova 15.0% compare
  10. 67 Poland 15.0% compare
  11. 67 Togo 15.0% compare
  12. 67 Yemen 15.0% compare
  13. 67 Kosovo (UNSCR 1244) 15.0% compare

See the full ranking of 168 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 168 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.

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Resolving insolvency: Cost in Mongolia. Statizoid. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-cost-percent-of-estate/mongolia/

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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.