Statizoid

Resolving insolvency: Creditor participation index (0-4) (DB15-20 methodology) by country

The creditor participation index has four components: (i) whether creditors appoint the insolvency representative or approve, ratify or reject the appointment of the insolvency representative; (ii) Whether creditors are required to approve the sale of substantial assets of the debtor in the course of insol­vency...

Countries reporting
188
Highest
4 DB15-20 methodology
Bulgaria
Lowest
0 DB15-20 methodology
Zimbabwe
Median
1 DB15-20 methodology
Years covered
17
2003–2019
Data points
3,230

What the numbers show

Resolving insolvency: Creditor participation index (0-4) (DB15-20 methodology) is currently reported for 188 countries. The highest value is 4 DB15-20 methodology in Bulgaria; the lowest is 0 DB15-20 methodology in Zimbabwe.

The median across all reporting countries is 1 DB15-20 methodology, and the mean is 1.54 DB15-20 methodology.

Over the past decade 22 countries rose and 2 fell. The largest increase was in Azerbaijan (up 200.0%), and the largest decrease in Zambia (down 100.0%).

Resolving insolvency: Creditor participation index (0-4): full country ranking

#Country LatestYear 10-year changeTrend
1 Bulgaria 4 DB15-20 methodology 2019 up 33.3% rising
1 Switzerland 4 DB15-20 methodology 2019 unchanged flat
1 Kazakhstan 4 DB15-20 methodology 2019 up 100.0% rising
1 Rwanda 4 DB15-20 methodology 2019 up 33.3% rising
1 Serbia 4 DB15-20 methodology 2019 up 100.0% volatile
6 Australia 3 DB15-20 methodology 2019 up 50.0% rising
6 Azerbaijan 3 DB15-20 methodology 2019 up 200.0% volatile
6 Bosnia and Herzegovina 3 DB15-20 methodology 2019 unchanged flat
6 Brazil 3 DB15-20 methodology 2019 unchanged rising
6 Barbados 3 DB15-20 methodology 2019 unchanged flat
6 Canada 3 DB15-20 methodology 2019 unchanged flat
6 Chile 3 DB15-20 methodology 2019 unchanged falling
6 Czechia 3 DB15-20 methodology 2019 up 50.0% rising
6 Germany 3 DB15-20 methodology 2019 unchanged flat
6 Estonia 3 DB15-20 methodology 2019 unchanged flat
6 Finland 3 DB15-20 methodology 2019 unchanged rising
6 Georgia 3 DB15-20 methodology 2019 up 200.0% rising
6 Grenada 3 DB15-20 methodology 2019 up 200.0% volatile
6 Jamaica 3 DB15-20 methodology 2019 up 50.0% rising
6 Kenya 3 DB15-20 methodology 2019 up 200.0% volatile
6 Cambodia 3 DB15-20 methodology 2019 unchanged volatile
6 Saint Kitts and Nevis 3 DB15-20 methodology 2019 — volatile
6 Moldova 3 DB15-20 methodology 2019 unchanged flat
6 North Macedonia 3 DB15-20 methodology 2019 unchanged flat
6 Mauritius 3 DB15-20 methodology 2019 unchanged rising
6 Nicaragua 3 DB15-20 methodology 2019 unchanged flat
6 Norway 3 DB15-20 methodology 2019 unchanged flat
6 Peru 3 DB15-20 methodology 2019 unchanged flat
6 Philippines 3 DB15-20 methodology 2019 unchanged flat
6 Puerto Rico 3 DB15-20 methodology 2019 unchanged flat
6 Portugal 3 DB15-20 methodology 2019 unchanged rising
6 Russia 3 DB15-20 methodology 2019 unchanged flat
6 El Salvador 3 DB15-20 methodology 2019 unchanged flat
6 Slovakia 3 DB15-20 methodology 2019 unchanged rising
6 Trinidad and Tobago 3 DB15-20 methodology 2019 up 200.0% volatile
6 Turkey 3 DB15-20 methodology 2019 up 50.0% rising
6 United States 3 DB15-20 methodology 2019 unchanged flat
6 Saint Vincent and the Grenadines 3 DB15-20 methodology 2019 — volatile
39 Afghanistan 2 DB15-20 methodology 2019 up 100.0% rising
39 Albania 2 DB15-20 methodology 2019 unchanged flat
39 Austria 2 DB15-20 methodology 2019 unchanged flat
39 Belgium 2 DB15-20 methodology 2019 unchanged flat
39 Belarus 2 DB15-20 methodology 2019 unchanged flat
39 Belize 2 DB15-20 methodology 2019 unchanged flat
39 China 2 DB15-20 methodology 2019 up 100.0% volatile
39 Colombia 2 DB15-20 methodology 2019 up 100.0% falling
39 Cape Verde 2 DB15-20 methodology 2019 — volatile
39 Dominica 2 DB15-20 methodology 2019 unchanged flat
39 Denmark 2 DB15-20 methodology 2019 unchanged flat
39 Dominican Republic 2 DB15-20 methodology 2019 unchanged flat
39 Egypt 2 DB15-20 methodology 2019 unchanged flat
39 Fiji 2 DB15-20 methodology 2019 unchanged flat
39 United Kingdom 2 DB15-20 methodology 2019 unchanged flat
39 Guatemala 2 DB15-20 methodology 2019 unchanged flat
39 Croatia 2 DB15-20 methodology 2019 unchanged flat
39 Hungary 2 DB15-20 methodology 2019 unchanged flat
39 Indonesia 2 DB15-20 methodology 2019 unchanged rising
39 Iceland 2 DB15-20 methodology 2019 unchanged flat
39 Israel 2 DB15-20 methodology 2019 up 100.0% rising
39 Italy 2 DB15-20 methodology 2019 unchanged rising
39 Kiribati 2 DB15-20 methodology 2019 unchanged flat
39 Latvia 2 DB15-20 methodology 2019 up 100.0% rising
39 Morocco 2 DB15-20 methodology 2019 — volatile
39 Mexico 2 DB15-20 methodology 2019 unchanged flat
39 Mozambique 2 DB15-20 methodology 2019 — volatile
39 Malaysia 2 DB15-20 methodology 2019 unchanged flat
39 Netherlands 2 DB15-20 methodology 2019 unchanged flat
39 New Zealand 2 DB15-20 methodology 2019 unchanged flat
39 Pakistan 2 DB15-20 methodology 2019 unchanged flat
39 Panama 2 DB15-20 methodology 2019 up 100.0% rising
39 Poland 2 DB15-20 methodology 2019 up 100.0% rising
39 Paraguay 2 DB15-20 methodology 2019 unchanged flat
39 Romania 2 DB15-20 methodology 2019 unchanged flat
39 Saudi Arabia 2 DB15-20 methodology 2019 — volatile
39 Suriname 2 DB15-20 methodology 2019 unchanged flat
39 Sweden 2 DB15-20 methodology 2019 unchanged flat
39 Seychelles 2 DB15-20 methodology 2019 up 100.0% rising
39 Thailand 2 DB15-20 methodology 2019 unchanged flat
39 East Timor 2 DB15-20 methodology 2019 unchanged flat
39 Ukraine 2 DB15-20 methodology 2019 up 100.0% rising
39 Uzbekistan 2 DB15-20 methodology 2019 unchanged rising
39 South Africa 2 DB15-20 methodology 2019 unchanged flat
39 Taiwan 2 DB15-20 methodology 2019 unchanged flat
84 United Arab Emirates 1 DB15-20 methodology 2019 down 50.0% falling
84 Argentina 1 DB15-20 methodology 2019 unchanged flat
84 Armenia 1 DB15-20 methodology 2019 unchanged flat
84 Antigua and Barbuda 1 DB15-20 methodology 2019 unchanged flat
84 Burundi 1 DB15-20 methodology 2019 unchanged flat
84 Benin 1 DB15-20 methodology 2019 unchanged flat
84 Burkina Faso 1 DB15-20 methodology 2019 unchanged flat
84 Bahrain 1 DB15-20 methodology 2019 unchanged flat
84 Bahamas 1 DB15-20 methodology 2019 — volatile
84 Brunei 1 DB15-20 methodology 2019 — volatile
84 Bhutan 1 DB15-20 methodology 2019 unchanged flat
84 Central African Republic 1 DB15-20 methodology 2019 unchanged flat
84 Cote d'Ivoire 1 DB15-20 methodology 2019 unchanged flat
84 Cameroon 1 DB15-20 methodology 2019 unchanged flat
84 Democratic Republic of Congo 1 DB15-20 methodology 2019 unchanged flat
84 Congo 1 DB15-20 methodology 2019 unchanged flat
84 Comoros 1 DB15-20 methodology 2019 unchanged flat
84 Costa Rica 1 DB15-20 methodology 2019 unchanged flat
84 Cyprus 1 DB15-20 methodology 2019 — volatile
84 Algeria 1 DB15-20 methodology 2019 unchanged flat
84 Ecuador 1 DB15-20 methodology 2019 unchanged flat
84 Eritrea 1 DB15-20 methodology 2019 unchanged flat
84 Spain 1 DB15-20 methodology 2019 unchanged rising
84 Ethiopia 1 DB15-20 methodology 2019 unchanged flat
84 France 1 DB15-20 methodology 2019 unchanged volatile
84 Gabon 1 DB15-20 methodology 2019 unchanged flat
84 Guinea 1 DB15-20 methodology 2019 unchanged flat
84 Guinea-Bissau 1 DB15-20 methodology 2019 unchanged flat
84 Equatorial Guinea 1 DB15-20 methodology 2019 unchanged flat
84 Greece 1 DB15-20 methodology 2019 unchanged flat
84 Hong Kong 1 DB15-20 methodology 2019 unchanged flat
84 Honduras 1 DB15-20 methodology 2019 unchanged flat
84 Haiti 1 DB15-20 methodology 2019 unchanged flat
84 India 1 DB15-20 methodology 2019 unchanged flat
84 Ireland 1 DB15-20 methodology 2019 unchanged flat
84 Iran 1 DB15-20 methodology 2019 unchanged flat
84 Iraq 1 DB15-20 methodology 2019 unchanged flat
84 Jordan 1 DB15-20 methodology 2019 unchanged flat
84 Japan 1 DB15-20 methodology 2019 unchanged flat
84 Kyrgyzstan 1 DB15-20 methodology 2019 — volatile
84 South Korea 1 DB15-20 methodology 2019 unchanged flat
84 Kuwait 1 DB15-20 methodology 2019 unchanged flat
84 Liberia 1 DB15-20 methodology 2019 — volatile
84 Libya 1 DB15-20 methodology 2019 unchanged flat
84 Sri Lanka 1 DB15-20 methodology 2019 unchanged volatile
84 Lesotho 1 DB15-20 methodology 2019 unchanged flat
84 Lithuania 1 DB15-20 methodology 2019 unchanged flat
84 Luxembourg 1 DB15-20 methodology 2019 unchanged flat
84 Madagascar 1 DB15-20 methodology 2019 unchanged flat
84 Mali 1 DB15-20 methodology 2019 unchanged flat
84 Malta 1 DB15-20 methodology 2019 unchanged flat
84 Montenegro 1 DB15-20 methodology 2019 unchanged flat
84 Malawi 1 DB15-20 methodology 2019 unchanged flat
84 Namibia 1 DB15-20 methodology 2019 unchanged flat
84 Niger 1 DB15-20 methodology 2019 unchanged flat
84 Nigeria 1 DB15-20 methodology 2019 unchanged flat
84 Oman 1 DB15-20 methodology 2019 unchanged flat
84 Papua New Guinea 1 DB15-20 methodology 2019 unchanged flat
84 Palestine 1 DB15-20 methodology 2019 unchanged flat
84 Qatar 1 DB15-20 methodology 2019 unchanged volatile
84 Senegal 1 DB15-20 methodology 2019 unchanged flat
84 Singapore 1 DB15-20 methodology 2019 unchanged flat
84 Solomon Islands 1 DB15-20 methodology 2019 — volatile
84 Sierra Leone 1 DB15-20 methodology 2019 unchanged flat
84 South Sudan 1 DB15-20 methodology 2019 — volatile
84 Slovenia 1 DB15-20 methodology 2019 unchanged flat
84 Eswatini 1 DB15-20 methodology 2019 — volatile
84 Syria 1 DB15-20 methodology 2019 unchanged flat
84 Chad 1 DB15-20 methodology 2019 unchanged flat
84 Togo 1 DB15-20 methodology 2019 unchanged flat
84 Tajikistan 1 DB15-20 methodology 2019 unchanged falling
84 Tonga 1 DB15-20 methodology 2019 unchanged flat
84 Tunisia 1 DB15-20 methodology 2019 unchanged flat
84 Tanzania 1 DB15-20 methodology 2019 — volatile
84 Uganda 1 DB15-20 methodology 2019 — volatile
84 Venezuela 1 DB15-20 methodology 2019 unchanged flat
84 Vietnam 1 DB15-20 methodology 2019 unchanged flat
84 Vanuatu 1 DB15-20 methodology 2019 unchanged flat
84 Samoa 1 DB15-20 methodology 2019 unchanged volatile
84 Yemen 1 DB15-20 methodology 2019 unchanged flat
164 Angola 0 DB15-20 methodology 2019 — flat
164 Bangladesh 0 DB15-20 methodology 2019 — flat
164 Bolivia 0 DB15-20 methodology 2019 — flat
164 Botswana 0 DB15-20 methodology 2019 — flat
164 Micronesia (country) 0 DB15-20 methodology 2019 — flat
164 Ghana 0 DB15-20 methodology 2019 — flat
164 Gambia 0 DB15-20 methodology 2019 — flat
164 Guyana 0 DB15-20 methodology 2019 — flat
164 Laos 0 DB15-20 methodology 2019 — flat
164 Lebanon 0 DB15-20 methodology 2019 — flat
164 Saint Lucia 0 DB15-20 methodology 2019 — flat
164 Maldives 0 DB15-20 methodology 2019 — flat
164 Marshall Islands 0 DB15-20 methodology 2019 — flat
164 Myanmar 0 DB15-20 methodology 2019 — flat
164 Mongolia 0 DB15-20 methodology 2019 — flat
164 Mauritania 0 DB15-20 methodology 2019 — flat
164 Nepal 0 DB15-20 methodology 2019 — flat
164 Palau 0 DB15-20 methodology 2019 — flat
164 Sudan 0 DB15-20 methodology 2019 — volatile
164 San Marino 0 DB15-20 methodology 2019 — flat
164 Somalia 0 DB15-20 methodology 2019 — flat
164 Sao Tome and Principe 0 DB15-20 methodology 2019 — flat
164 Uruguay 0 DB15-20 methodology 2019 — flat
164 Zambia 0 DB15-20 methodology 2019 down 100.0% falling
164 Zimbabwe 0 DB15-20 methodology 2019 — flat

Regions and income groups

Aggregates are excluded from the country ranking above so that a region can never outrank a country.

  • Kosovo 2 DB15-20 methodology

About this data

Indicator
Resolving insolvency: Creditor participation index (0-4) (DB15-20 methodology)
Unit
DB15-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,230 data points, 2003–2019
Last refreshed

The creditor participation index has four components: (i) whether creditors appoint the insolvency representative or approve, ratify or reject the appointment of the insolvency representative; (ii) Whether creditors are required to approve the sale of substantial assets of the debtor in the course of insol­vency proceedings; (iii) Whether an individual creditor has the right to access financial information about the debtor during insolvency proceedings; and (iv) Whether an individual creditor can object to a decision of the court or of the insolvency representative to approve or reject claims against the debtor brought by the creditor itself and by other creditors.