Resolving insolvency: Cost in Thailand

Thailand: Resolving insolvency: Cost was 18.0% in 2019. ▼ Falling

Latest (2019)
18.0%
Change on year
unchanged
World rank
49th
of 167 countries
All-time high
36.0%
in 2003
All-time low
18.0%
in 2011
Years of data
17
2003–2019

Resolving insolvency: Cost in Thailand, 2003–2019

0102030402003201120192003: 36 % of estate2004: 36 % of estate2005: 36 % of estate2006: 36 % of estate2007: 36 % of estate2008: 36 % of estate2009: 36 % of estate2010: 36 % of estate2011: 18 % of estate2012: 18 % of estate2013: 18 % of estate2014: 18 % of estate2015: 18 % of estate2016: 18 % of estate2017: 18 % of estate2018: 18 % of estate2019: 18 % of estate

Source: World Bank. Measured in % of estate.

Analysis

Thailand recorded 18.0% for resolving insolvency: cost in 2019. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 50.0% over ten years.

Over the whole period, resolving insolvency: cost in Thailand peaked at 36.0% in 2003 and was at its lowest, 18.0%, in 2011.

That places Thailand 49th out of 167 countries with data for 2019, putting it in the middle of the range.

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

Resolving insolvency: Cost in Thailand, year by year

Annual values for Resolving insolvency: Cost (% of estate) in Thailand, 2003 to 2019.
Year % of estate Change
2003 36.0%
2004 36.0% +0.0%
2005 36.0% +0.0%
2006 36.0% +0.0%
2007 36.0% +0.0%
2008 36.0% +0.0%
2009 36.0% +0.0%
2010 36.0% +0.0%
2011 18.0% -50.0%
2012 18.0% +0.0%
2013 18.0% +0.0%
2014 18.0% +0.0%
2015 18.0% +0.0%
2016 18.0% +0.0%
2017 18.0% +0.0%
2018 18.0% +0.0%
2019 18.0% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 36.0% 36.0% 36.0% 7
2010s 19.8% 18.0% 36.0% 10

Countries ranked near Thailand

  1. 49 Mexico 18.0% compare
  2. 49 Botswana 18.0% compare
  3. 49 Cambodia 18.0% compare
  4. 49 Côte d'Ivoire 18.0% compare
  5. 49 Ecuador 18.0% compare
  6. 49 Jamaica 18.0% compare
  7. 49 Mali 18.0% compare
  8. 49 Morocco 18.0% compare
  9. 49 Myanmar 18.0% compare
  10. 49 Niger 18.0% compare
  11. 49 Slovakia 18.0% compare
  12. 49 South Africa 18.0% compare

See the full ranking of 167 places →

More reference data data for Thailand

All data for Thailand →

Frequently asked questions

What is resolving insolvency: cost in Thailand?
Resolving insolvency: cost in Thailand was 18.0% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Thailand?
The highest recorded value was 36.0% in 2003.
What is the lowest resolving insolvency: cost recorded in Thailand?
The lowest recorded value was 18.0% in 2011.
How does Thailand rank for resolving insolvency: cost?
Thailand ranks 49th out of 167 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Thailand?
Over the last ten years it is down 50.0%. The long-run trend across the full record is falling.
Where does this Thailand 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 Thailand. Statizoid. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-cost-percent-of-estate/thailand/

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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.