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Resolving insolvency: Cost in Rwanda

Rwanda: Resolving insolvency: Cost was 29.0% in 2019. ▼ Falling

Latest (2019)
29.0%
Change on year
unchanged
World rank
18th
of 165 countries
All-time high
50.0%
in 2003
All-time low
29.0%
in 2013
Years of data
17
2003–2019

Resolving insolvency: Cost in Rwanda, 2003–2019

010203040502003201120192003: 50 % of estate2004: 50 % of estate2005: 50 % of estate2006: 50 % of estate2007: 50 % of estate2008: 50 % of estate2009: 50 % of estate2010: 50 % of estate2011: 50 % of estate2012: 50 % of estate2013: 29 % of estate2014: 29 % of estate2015: 29 % of estate2016: 29 % of estate2017: 29 % of estate2018: 29 % of estate2019: 29 % of estate

Source: World Bank. Measured in % of estate.

Analysis

In 2019, resolving insolvency: cost in Rwanda stood at 29.0%. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 42.0% over ten years.

Over the whole period, resolving insolvency: cost in Rwanda peaked at 50.0% in 2003 and was at its lowest, 29.0%, in 2013.

Rwanda ranks 18th of 165 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 50.0% 50.0% 50.0% 7
2010s 35.3% 29.0% 50.0% 10

Countries ranked near Rwanda

  1. 17 Uganda 29.5% compare
  2. 19 Guyana 28.5% compare
  3. 20 Afghanistan 25.0% compare
  4. 20 Congo 25.0% compare
  5. 20 Malawi 25.0% compare
  6. 20 Panama 25.0% compare
  7. 20 Trinidad and Tobago 25.0% compare

See the full ranking of 167 places →

More reference data data for Rwanda

All data for Rwanda →

Frequently asked questions

What is resolving insolvency: cost in Rwanda?
Resolving insolvency: cost in Rwanda was 29.0% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Rwanda?
The highest recorded value was 50.0% in 2003.
What is the lowest resolving insolvency: cost recorded in Rwanda?
The lowest recorded value was 29.0% in 2013.
How does Rwanda rank for resolving insolvency: cost?
Rwanda ranks 18th out of 165 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Rwanda?
Over the last ten years it is down 42.0%. The long-run trend across the full record is falling.
Where does this Rwanda 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.