Resolving insolvency: Cost in Türkiye

Türkiye: Resolving insolvency: Cost was 14.5% in 2019. ▬ Flat

Latest (2019)
14.5%
Change on year
unchanged
World rank
79th
of 168 countries
All-time high
14.5%
in 2003
All-time low
14.5%
in 2003
Years of data
17
2003–2019

Resolving insolvency: Cost in Türkiye, 2003–2019

0510152003201120192003: 14.5 % of estate2004: 14.5 % of estate2005: 14.5 % of estate2006: 14.5 % of estate2007: 14.5 % of estate2008: 14.5 % of estate2009: 14.5 % of estate2010: 14.5 % of estate2011: 14.5 % of estate2012: 14.5 % of estate2013: 14.5 % of estate2014: 14.5 % of estate2015: 14.5 % of estate2016: 14.5 % of estate2017: 14.5 % of estate2018: 14.5 % of estate2019: 14.5 % of estate

Source: World Bank. Measured in % of estate.

Analysis

The most recent figure for resolving insolvency: cost in Türkiye is 14.5%, measured in 2019. 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 Türkiye peaked at 14.5% in 2003 and was at its lowest, 14.5%, in 2003.

Türkiye ranks 79th of 168 countries on this measure, in the middle of the range.

Resolving insolvency: Cost in Türkiye, year by year

Annual values for Resolving insolvency: Cost (% of estate) in Türkiye, 2003 to 2019.
Year % of estate Change
2003 14.5%
2004 14.5% +0.0%
2005 14.5% +0.0%
2006 14.5% +0.0%
2007 14.5% +0.0%
2008 14.5% +0.0%
2009 14.5% +0.0%
2010 14.5% +0.0%
2011 14.5% +0.0%
2012 14.5% +0.0%
2013 14.5% +0.0%
2014 14.5% +0.0%
2015 14.5% +0.0%
2016 14.5% +0.0%
2017 14.5% +0.0%
2018 14.5% +0.0%
2019 14.5% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 14.5% 14.5% 14.5% 7
2010s 14.5% 14.5% 14.5% 10

Countries ranked near Türkiye

  1. 79 Bolivia, Plurinational State of 14.5% compare
  2. 79 Chile 14.5% compare
  3. 79 Costa Rica 14.5% compare
  4. 79 Croatia 14.5% compare
  5. 79 Cyprus 14.5% compare
  6. 79 Eswatini 14.5% compare
  7. 79 Ethiopia 14.5% compare
  8. 79 Gabon 14.5% compare
  9. 79 Gambia 14.5% compare
  10. 79 Guatemala 14.5% compare
  11. 79 Honduras 14.5% compare
  12. 79 Hungary 14.5% compare
  13. 79 Luxembourg 14.5% compare
  14. 79 Mauritius 14.5% compare
  15. 79 Namibia 14.5% compare
  16. 79 Nicaragua 14.5% compare
  17. 79 Viet Nam 14.5% compare

See the full ranking of 168 places →

More reference data data for Türkiye

All data for Türkiye →

Frequently asked questions

What is resolving insolvency: cost in Türkiye?
Resolving insolvency: cost in Türkiye was 14.5% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Türkiye?
The highest recorded value was 14.5% in 2003.
What is the lowest resolving insolvency: cost recorded in Türkiye?
The lowest recorded value was 14.5% in 2003.
How does Türkiye rank for resolving insolvency: cost?
Türkiye ranks 79th out of 168 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Türkiye?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Türkiye 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 Türkiye. Statizoid. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-cost-percent-of-estate/turkiye/

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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.