Resolving insolvency: Cost in Singapore

Singapore: Resolving insolvency: Cost was 4.0% in 2019. ▲ Rising

Latest (2019)
4.0%
Change on year
unchanged
World rank
154th
of 167 countries
All-time high
4.0%
in 2014
All-time low
3.0%
in 2003
Years of data
17
2003–2019

Resolving insolvency: Cost in Singapore, 2003–2019

012342003201120192003: 3 % of estate2004: 3 % of estate2005: 3 % of estate2006: 3 % of estate2007: 3 % of estate2008: 3 % of estate2009: 3 % of estate2010: 3 % of estate2011: 3 % of estate2012: 3 % of estate2013: 3 % of estate2014: 4 % of estate2015: 4 % of estate2016: 4 % of estate2017: 4 % of estate2018: 4 % of estate2019: 4 % of estate

Source: World Bank. Measured in % of estate.

Analysis

Singapore recorded 4.0% for resolving insolvency: cost in 2019. That is the highest value across all 17 years on record.

The figure is up 33.3% over ten years.

Over the whole period, resolving insolvency: cost in Singapore peaked at 4.0% in 2014 and was at its lowest, 3.0%, in 2003.

That places Singapore 154th out of 167 countries with data for 2019, putting it in the bottom quarter.

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

Resolving insolvency: Cost in Singapore, year by year

Annual values for Resolving insolvency: Cost (% of estate) in Singapore, 2003 to 2019.
Year % of estate Change
2003 3.0%
2004 3.0% +0.0%
2005 3.0% +0.0%
2006 3.0% +0.0%
2007 3.0% +0.0%
2008 3.0% +0.0%
2009 3.0% +0.0%
2010 3.0% +0.0%
2011 3.0% +0.0%
2012 3.0% +0.0%
2013 3.0% +0.0%
2014 4.0% +33.3%
2015 4.0% +0.0%
2016 4.0% +0.0%
2017 4.0% +0.0%
2018 4.0% +0.0%
2019 4.0% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.0% 3.0% 3.0% 7
2010s 3.6% 3.0% 4.0% 10

Countries ranked near Singapore

  1. 152 Switzerland 4.5% compare
  2. 153 Japan 4.2% compare
  3. 154 Pakistan 4.0% compare
  4. 154 Denmark 4.0% compare
  5. 154 Maldives 4.0% compare
  6. 154 Slovenia 4.0% compare
  7. 154 Taiwan, China 4.0% compare

See the full ranking of 167 places →

More reference data data for Singapore

All data for Singapore →

Frequently asked questions

What is resolving insolvency: cost in Singapore?
Resolving insolvency: cost in Singapore was 4.0% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Singapore?
The highest recorded value was 4.0% in 2014.
What is the lowest resolving insolvency: cost recorded in Singapore?
The lowest recorded value was 3.0% in 2003.
How does Singapore rank for resolving insolvency: cost?
Singapore ranks 154th out of 167 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Singapore?
Over the last ten years it is up 33.3%. The long-run trend across the full record is rising.
Where does this Singapore 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 Singapore. Statizoid. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-cost-percent-of-estate/singapore/

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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.