Resolving insolvency: Cost in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Resolving insolvency: Cost was 38.0% in 2019. ▬ Flat

Latest (2019)
38.0%
Change on year
unchanged
World rank
5th
of 168 countries
All-time high
38.0%
in 2003
All-time low
38.0%
in 2003
Years of data
17
2003–2019

Resolving insolvency: Cost in Venezuela, Bolivarian Republic of, 2003–2019

0102030402003201120192003: 38 % of estate2004: 38 % of estate2005: 38 % of estate2006: 38 % of estate2007: 38 % of estate2008: 38 % of estate2009: 38 % of estate2010: 38 % of estate2011: 38 % of estate2012: 38 % of estate2013: 38 % of estate2014: 38 % of estate2015: 38 % of estate2016: 38 % of estate2017: 38 % of estate2018: 38 % of estate2019: 38 % of estate

Source: World Bank. Measured in % of estate.

Analysis

In 2019, resolving insolvency: cost in Venezuela, Bolivarian Republic of stood at 38.0%. That is the highest value across all 17 years on record.

The figure is unchanged over ten years.

Over the whole period, resolving insolvency: cost in Venezuela, Bolivarian Republic of peaked at 38.0% in 2003 and was at its lowest, 38.0%, in 2003.

Venezuela, Bolivarian Republic of ranks 5th of 168 countries on this measure, in the top 10%.

Resolving insolvency: Cost in Venezuela, Bolivarian Republic of, year by year

Annual values for Resolving insolvency: Cost (% of estate) in Venezuela, Bolivarian Republic of, 2003 to 2019.
Year % of estate Change
2003 38.0%
2004 38.0% +0.0%
2005 38.0% +0.0%
2006 38.0% +0.0%
2007 38.0% +0.0%
2008 38.0% +0.0%
2009 38.0% +0.0%
2010 38.0% +0.0%
2011 38.0% +0.0%
2012 38.0% +0.0%
2013 38.0% +0.0%
2014 38.0% +0.0%
2015 38.0% +0.0%
2016 38.0% +0.0%
2017 38.0% +0.0%
2018 38.0% +0.0%
2019 38.0% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 38.0% 38.0% 38.0% 7
2010s 38.0% 38.0% 38.0% 10

Countries ranked near Venezuela, Bolivarian Republic of

  1. 2 Chad 60.0% compare
  2. 3 Sierra Leone 42.0% 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

See the full ranking of 168 places →

More reference data data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is resolving insolvency: cost in Venezuela, Bolivarian Republic of?
Resolving insolvency: cost in Venezuela, Bolivarian Republic of was 38.0% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 38.0% in 2003.
What is the lowest resolving insolvency: cost recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 38.0% in 2003.
How does Venezuela, Bolivarian Republic of rank for resolving insolvency: cost?
Venezuela, Bolivarian Republic of ranks 5th out of 168 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Venezuela, Bolivarian Republic of 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 Venezuela, Bolivarian Republic of. Statizoid. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-cost-percent-of-estate/venezuela-rb/

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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.