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Resolving insolvency: Creditor participation index (0-4) in Philippines

Philippines: Resolving insolvency: Creditor participation index (0-4) was 3 DB15-20 methodology in 2019. ▬ Flat

Latest (2019)
3 DB15-20 methodology
Change on year
unchanged
World rank
7th
of 191 countries
All-time high
3 DB15-20 methodology
in 2003
All-time low
3 DB15-20 methodology
in 2003
Years of data
17
2003–2019

Resolving insolvency: Creditor participation index (0-4) in Philippines, 2003–2019

01232003201120192003: 3 DB15-20 methodology2004: 3 DB15-20 methodology2005: 3 DB15-20 methodology2006: 3 DB15-20 methodology2007: 3 DB15-20 methodology2008: 3 DB15-20 methodology2009: 3 DB15-20 methodology2010: 3 DB15-20 methodology2011: 3 DB15-20 methodology2012: 3 DB15-20 methodology2013: 3 DB15-20 methodology2014: 3 DB15-20 methodology2015: 3 DB15-20 methodology2016: 3 DB15-20 methodology2017: 3 DB15-20 methodology2018: 3 DB15-20 methodology2019: 3 DB15-20 methodology

Source: World Bank. Measured in DB15-20 methodology.

Analysis

The most recent figure for resolving insolvency: creditor participation index (0-4) in Philippines is 3 DB15-20 methodology, measured in 2019. That is the highest value across all 17 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, resolving insolvency: creditor participation index (0-4) in Philippines peaked at 3 DB15-20 methodology in 2003 and was at its lowest, 3 DB15-20 methodology, in 2003.

Philippines ranks 7th of 191 countries on this measure, in the top 10%.

Resolving insolvency: Creditor participation index (0-4) in Philippines, year by year

Year DB15-20 methodology Change
2003 3 DB15-20 methodology —
2004 3 DB15-20 methodology +0.0%
2005 3 DB15-20 methodology +0.0%
2006 3 DB15-20 methodology +0.0%
2007 3 DB15-20 methodology +0.0%
2008 3 DB15-20 methodology +0.0%
2009 3 DB15-20 methodology +0.0%
2010 3 DB15-20 methodology +0.0%
2011 3 DB15-20 methodology +0.0%
2012 3 DB15-20 methodology +0.0%
2013 3 DB15-20 methodology +0.0%
2014 3 DB15-20 methodology +0.0%
2015 3 DB15-20 methodology +0.0%
2016 3 DB15-20 methodology +0.0%
2017 3 DB15-20 methodology +0.0%
2018 3 DB15-20 methodology +0.0%
2019 3 DB15-20 methodology +0.0%

Philippines compared with similar countries

  • Philippines's 3 DB15-20 methodology is above the median for upper middle income countries, which is 2 DB15-20 methodology, 1.5× the median. (56 countries reporting)
  • Philippines's 3 DB15-20 methodology is above the median for East Asia & Pacific, which is 1 DB15-20 methodology, 3.0× the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 3 DB15-20 methodology 3 DB15-20 methodology 3 DB15-20 methodology 7
2010s 3 DB15-20 methodology 3 DB15-20 methodology 3 DB15-20 methodology 10

Countries ranked near Philippines

  1. 7 United States 3 DB15-20 methodology compare
  2. 7 Russia 3 DB15-20 methodology compare
  3. 7 Brazil 3 DB15-20 methodology compare
  4. 7 Australia 3 DB15-20 methodology compare
  5. 7 Azerbaijan 3 DB15-20 methodology compare
  6. 7 Barbados 3 DB15-20 methodology compare
  7. 7 Bosnia and Herzegovina 3 DB15-20 methodology compare
  8. 7 Cambodia 3 DB15-20 methodology compare
  9. 7 Canada 3 DB15-20 methodology compare
  10. 7 Chile 3 DB15-20 methodology compare
  11. 7 Czechia 3 DB15-20 methodology compare
  12. 7 El Salvador 3 DB15-20 methodology compare
  13. 7 Estonia 3 DB15-20 methodology compare
  14. 7 Finland 3 DB15-20 methodology compare
  15. 7 Georgia 3 DB15-20 methodology compare
  16. 7 Germany 3 DB15-20 methodology compare
  17. 7 Grenada 3 DB15-20 methodology compare
  18. 7 Jamaica 3 DB15-20 methodology compare
  19. 7 Kenya 3 DB15-20 methodology compare
  20. 7 Mauritius 3 DB15-20 methodology compare
  21. 7 Moldova 3 DB15-20 methodology compare
  22. 7 Nicaragua 3 DB15-20 methodology compare
  23. 7 North Macedonia 3 DB15-20 methodology compare
  24. 7 Norway 3 DB15-20 methodology compare
  25. 7 Peru 3 DB15-20 methodology compare
  26. 7 Portugal 3 DB15-20 methodology compare
  27. 7 Puerto Rico 3 DB15-20 methodology compare
  28. 7 Slovakia 3 DB15-20 methodology compare
  29. 7 Saint Kitts and Nevis 3 DB15-20 methodology compare
  30. 7 Saint Vincent and the Grenadines 3 DB15-20 methodology compare
  31. 7 Trinidad and Tobago 3 DB15-20 methodology compare
  32. 7 Turkey 3 DB15-20 methodology compare

See the full ranking of 191 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is resolving insolvency: creditor participation index (0-4) in Philippines?
Resolving insolvency: creditor participation index (0-4) in Philippines was 3 DB15-20 methodology in 2019, according to the World Bank.
What is the highest resolving insolvency: creditor participation index (0-4) recorded in Philippines?
The highest recorded value was 3 DB15-20 methodology in 2003.
What is the lowest resolving insolvency: creditor participation index (0-4) recorded in Philippines?
The lowest recorded value was 3 DB15-20 methodology in 2003.
How does Philippines rank for resolving insolvency: creditor participation index (0-4)?
Philippines ranks 7th out of 191 countries with data for 2019.
Is resolving insolvency: creditor participation index (0-4) rising or falling in Philippines?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Philippines data come from?
The figures come from the World Bank, published as part of Resolving insolvency: Creditor participation index (0-4) (DB15-20 methodology). Statizoid updates them automatically from the source API.

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Resolving insolvency: Creditor participation index (0-4) in Philippines. Statizoid. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-creditor-participation-index-0-4-db15-20-methodology/philippines/

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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
191 places, 3,247 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.