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Resolving insolvency: Cost in Sierra Leone

Sierra Leone: Resolving insolvency: Cost was 42.0% in 2019. ▬ Flat

Latest (2019)
42.0%
Change on year
unchanged
World rank
3rd
of 167 countries
All-time high
42.0%
in 2003
All-time low
42.0%
in 2003
Years of data
17
2003–2019

Resolving insolvency: Cost in Sierra Leone, 2003–2019

0102030402003201120192003: 42 % of estate2004: 42 % of estate2005: 42 % of estate2006: 42 % of estate2007: 42 % of estate2008: 42 % of estate2009: 42 % of estate2010: 42 % of estate2011: 42 % of estate2012: 42 % of estate2013: 42 % of estate2014: 42 % of estate2015: 42 % of estate2016: 42 % of estate2017: 42 % of estate2018: 42 % of estate2019: 42 % of estate

Source: World Bank. Measured in % of estate.

Analysis

In 2019, resolving insolvency: cost in Sierra Leone stood at 42.0%. 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 Sierra Leone peaked at 42.0% in 2003 and was at its lowest, 42.0%, in 2003.

That places Sierra Leone 3rd out of 167 countries with data for 2019, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 42.0% 42.0% 42.0% 7
2010s 42.0% 42.0% 42.0% 10

Countries ranked near Sierra Leone

  1. 1 Central African Republic 76.0% compare
  2. 2 Chad 60.0% compare
  3. 4 Ukraine 40.5% compare
  4. 5 Dominican Republic 38.0% compare
  5. 5 Marshall Islands 38.0% compare
  6. 5 Micronesia (Federated States of) 38.0% compare
  7. 5 Samoa 38.0% compare
  8. 5 Solomon Islands 38.0% compare
  9. 5 Vanuatu 38.0% compare
  10. 5 Venezuela, Bolivarian Republic of 38.0% compare

See the full ranking of 167 places →

More reference data data for Sierra Leone

All data for Sierra Leone →

Frequently asked questions

What is resolving insolvency: cost in Sierra Leone?
Resolving insolvency: cost in Sierra Leone was 42.0% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Sierra Leone?
The highest recorded value was 42.0% in 2003.
What is the lowest resolving insolvency: cost recorded in Sierra Leone?
The lowest recorded value was 42.0% in 2003.
How does Sierra Leone rank for resolving insolvency: cost?
Sierra Leone ranks 3rd out of 167 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Sierra Leone?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Sierra Leone 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 Sierra Leone. Statizoid. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-cost-percent-of-estate/sierra-leone/

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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.