Statizoid

Resolving insolvency - Score by country

The score for resolving insolvency is the simple average of the scores for each of the component indicators: the recovery rate of insolvency proceedings involving domestic entities, as well as the strength of the legal framework applicable to judicial liquidation and reorganization proceedings.

Countries reporting
188
Highest
92.69
Finland
Lowest
0
Saint Vincent and the Grenadines
Median
44.12
Years covered
17
2003–2019
Data points
3,083

What the numbers show

Resolving insolvency - Score is currently reported for 188 countries. The highest value is 92.69 in Finland; the lowest is 0 in Saint Vincent and the Grenadines.

The median across all reporting countries is 44.12, and the mean is 45.17.

Over the past decade 134 countries rose and 28 fell. The largest increase was in Liberia (up 237.4%), and the largest decrease in Syria (down 14.5%).

Resolving insolvency - Score: full country ranking

#Country LatestYear 10-year changeTrend
1 Finland 92.69 2019 up 0.4% flat
2 United States 90.48 2019 up 2.7% flat
3 Japan 90.22 2019 down 0.2% flat
4 Germany 89.81 2019 down 0.4% flat
5 Norway 85.39 2019 up 1.8% flat
6 Denmark 85.14 2019 up 9.4% rising
7 Netherlands 84.42 2019 up 4.6% flat
8 Slovenia 84.4 2019 up 39.7% rising
9 Belgium 84.07 2019 up 10.4% rising
10 Puerto Rico 83.32 2019 up 1.1% rising
11 South Korea 82.88 2019 up 2.5% flat
12 Iceland 81.98 2019 up 8.4% rising
13 Canada 81.03 2019 up 2.6% flat
14 United Kingdom 80.32 2019 up 0.8% flat
15 Portugal 80.17 2019 down 3.0% rising
16 Czechia 80.08 2019 up 54.4% rising
17 Sweden 79.51 2019 up 2.0% flat
18 Spain 79.22 2019 up 7.2% rising
19 Ireland 79.15 2019 down 0.3% flat
20 Australia 78.86 2019 up 7.0% rising
21 Italy 77.48 2019 up 14.0% rising
22 Austria 77.39 2019 up 6.2% rising
23 Taiwan 77.06 2019 up 0.9% flat
24 Thailand 76.79 2019 up 30.6% rising
25 Poland 76.53 2019 up 33.3% rising
26 France 74.62 2019 up 31.4% rising
27 Singapore 74.32 2019 down 0.7% flat
28 Mauritius 73.75 2019 up 18.2% rising
29 Israel 72.74 2019 up 37.5% rising
30 North Macedonia 72.73 2019 up 10.2% rising
31 Cyprus 72.52 2019 up 43.4% rising
32 Colombia 71.37 2019 up 23.1% rising
33 Mexico 70.35 2019 up 15.1% rising
34 Jamaica 70.11 2019 up 31.1% rising
35 Barbados 69.76 2019 up 0.5% flat
36 New Zealand 69.48 2019 up 2.9% rising
37 Bosnia and Herzegovina 68.22 2019 up 3.0% flat
38 Indonesia 68.07 2019 up 39.5% rising
39 Albania 67.73 2019 up 4.9% rising
40 Malaysia 67.04 2019 up 69.7% rising
41 Serbia 67 2019 up 27.0% rising
42 Kazakhstan 66.73 2019 up 29.4% rising
43 Montenegro 66.15 2019 up 11.3% rising
44 Hong Kong 65.67 2019 up 6.5% rising
45 Slovakia 65.45 2019 up 0.2% rising
46 Azerbaijan 63.54 2019 up 54.8% rising
47 Switzerland 62.65 2019 up 6.1% rising
48 Kenya 62.41 2019 up 91.2% rising
49 China 62.07 2019 up 13.0% rising
50 India 61.95 2019 up 99.2% rising
51 Chile 60.06 2019 up 28.3% rising
52 Estonia 60.06 2019 down 1.2% rising
53 Latvia 59.79 2019 up 41.8% rising
54 Romania 59.13 2019 up 5.7% rising
55 Russia 59.1 2019 up 1.3% flat
56 Pakistan 58.99 2019 up 37.0% rising
57 Brunei 58.23 2019 up 53.6% rising
58 Bahrain 58.18 2019 up 35.9% rising
59 Bulgaria 57.81 2019 up 12.0% rising
60 Rwanda 57.25 2019 up 73.6% rising
61 Croatia 56.46 2019 up 4.7% flat
62 Georgia 56.17 2019 up 66.3% rising
63 Philippines 55.08 2019 up 56.6% rising
64 Hungary 55.03 2019 up 6.0% rising
65 Moldova 54.78 2019 up 3.6% flat
66 South Africa 54.59 2019 up 24.3% rising
67 Tunisia 54.19 2019 down 0.9% flat
68 Uruguay 53.56 2019 up 1.4% rising
69 Bahamas 53.43 2019 up 16.2% rising
70 Greece 53.13 2019 down 3.4% rising
71 Morocco 52.95 2019 up 40.7% rising
72 Belarus 52.86 2019 up 35.5% rising
73 Seychelles 52.16 2019 up 41.0% rising
74 Afghanistan 51.87 2019 up 131.0% volatile
75 Brazil 50.41 2019 up 1.1% rising
76 Kyrgyzstan 49.96 2019 up 27.8% rising
77 Zambia 49.33 2019 up 54.8% rising
78 United Arab Emirates 49.26 2019 up 24.9% rising
79 Algeria 49.24 2019 unchanged flat
80 Cambodia 48.51 2019 up 4.2% volatile
81 Trinidad and Tobago 48.45 2019 up 51.4% rising
82 Botswana 48.2 2019 up 10.9% rising
83 Cote d'Ivoire 47.94 2019 up 3.3% rising
84 Mozambique 47.82 2019 up 47.8% rising
85 Nepal 47.2 2019 down 2.8% rising
86 Togo 46.99 2019 up 10.7% rising
87 Lithuania 46.69 2019 down 9.5% falling
88 Peru 46.56 2019 up 7.3% flat
89 Belize 46.14 2019 up 6.3% rising
90 El Salvador 45.58 2019 up 2.0% rising
91 Luxembourg 45.48 2019 up 2.6% flat
92 Sri Lanka 45.03 2019 up 4.2% rising
93 Armenia 44.55 2019 up 3.3% rising
94 Senegal 44.26 2019 up 9.3% rising
95 Oman 43.98 2019 up 2.8% rising
96 Fiji 43.78 2019 up 2.7% rising
97 Uganda 43.57 2019 up 25.9% rising
98 Uzbekistan 43.53 2019 up 24.2% rising
99 Vanuatu 43.41 2019 up 14.8% rising
100 Mali 43.37 2019 up 10.2% rising
101 Bolivia 42.29 2019 up 4.7% rising
102 Egypt 42.24 2019 up 24.0% rising
103 Paraguay 42.07 2019 up 3.1% rising
104 San Marino 41.09 2019 up 4.1% flat
105 Nicaragua 41.09 2019 up 1.9% flat
106 Benin 40.99 2019 up 10.5% rising
107 Burkina Faso 40.82 2019 up 12.2% rising
108 Liberia 40.62 2019 up 237.4% volatile
109 Argentina 40.03 2019 down 11.9% falling
110 Jordan 39.69 2019 up 31.2% rising
111 Panama 39.53 2019 up 31.9% rising
112 Niger 39.35 2019 up 10.3% rising
113 Kuwait 39.2 2019 up 6.0% flat
114 Tanzania 39.1 2019 up 17.2% rising
115 Eswatini 38.87 2019 up 24.2% rising
116 Guinea 38.59 2019 down 2.1% flat
117 Congo 38.55 2019 up 2.3% flat
118 Turkey 38.46 2019 up 7.3% rising
119 Malta 38.31 2019 up 0.1% flat
120 Vietnam 38.05 2019 up 14.9% rising
121 Qatar 38 2019 up 2.7% flat
122 Dominican Republic 37.97 2019 up 61.4% rising
123 Micronesia (country) 37.79 2019 up 0.0% rising
124 Lesotho 36.99 2019 up 58.5% rising
125 Namibia 36.93 2019 up 4.1% rising
126 Gambia 36.82 2019 down 0.2% flat
127 Cameroon 36.63 2019 up 3.8% rising
128 Gabon 35.94 2019 down 1.0% flat
129 Saint Lucia 35.92 2019 up 1.0% flat
130 Antigua and Barbuda 35.59 2019 up 2.5% flat
131 Iran 35.07 2019 down 5.7% flat
132 Malawi 34.94 2019 up 39.4% rising
133 Madagascar 34.8 2019 down 4.2% falling
134 Dominica 34.68 2019 up 2.3% flat
135 Costa Rica 34.64 2019 up 6.8% rising
136 Tonga 33.93 2019 up 4.5% flat
137 Suriname 33.83 2019 down 0.7% flat
138 Samoa 33.41 2019 up 2.0% rising
139 Maldives 33.29 2019 up 2.6% flat
140 Zimbabwe 32.88 2019 up 110.1% rising
141 Honduras 32.57 2019 down 1.5% flat
142 Papua New Guinea 32.16 2019 up 0.3% flat
143 Solomon Islands 31.87 2019 up 26.4% rising
144 Ukraine 31.4 2019 up 21.7% rising
145 Burundi 30.61 2019 up 1.2% rising
146 Nigeria 30.59 2019 down 0.3% flat
147 Ethiopia 30.34 2019 down 7.9% falling
148 Mongolia 30.12 2019 down 0.3% rising
149 Lebanon 29.08 2019 up 1.6% rising
150 Sudan 28.78 2019 up 8.1% rising
151 Tajikistan 28.43 2019 down 13.6% falling
152 Bangladesh 28.14 2019 up 12.6% rising
153 Central African Republic 28.12 2019 unchanged flat
153 Chad 28.12 2019 unchanged flat
155 Guatemala 27.64 2019 down 0.1% flat
156 Syria 27 2019 down 14.5% falling
157 Yemen 26.92 2019 down 6.3% falling
158 Ecuador 25.46 2019 up 11.9% rising
159 Ghana 25.41 2019 down 0.1% flat
160 Sierra Leone 24.73 2019 up 6.1% rising
161 Guyana 22.38 2019 up 2.0% flat
162 Myanmar 20.39 2019 up 5.5% flat
163 Venezuela 18.5 2019 down 1.7% flat
164 Palau 16.38 2019 up 0.3% falling
165 Marshall Islands 9.19 2019 down 4.4% falling
166 Angola 0 2019 — flat
166 Bhutan 0 2019 — flat
166 Democratic Republic of Congo 0 2019 — flat
166 Comoros 0 2019 — flat
166 Cape Verde 0 2019 — flat
166 Eritrea 0 2019 — flat
166 Guinea-Bissau 0 2019 — flat
166 Equatorial Guinea 0 2019 — flat
166 Grenada 0 2019 — flat
166 Haiti 0 2019 — flat
166 Iraq 0 2019 — flat
166 Kiribati 0 2019 — flat
166 Saint Kitts and Nevis 0 2019 — flat
166 Laos 0 2019 — flat
166 Libya 0 2019 — flat
166 Mauritania 0 2019 — flat
166 Palestine 0 2019 — flat
166 Saudi Arabia 0 2019 — flat
166 Somalia 0 2019 — flat
166 South Sudan 0 2019 — flat
166 Sao Tome and Principe 0 2019 — flat
166 East Timor 0 2019 — flat
166 Saint Vincent and the Grenadines 0 2019 — flat

Regions and income groups

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

About this data

Indicator
Resolving insolvency - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The score for resolving insolvency is the simple average of the scores for each of the component indicators: the recovery rate of insolvency proceedings involving domestic entities, as well as the strength of the legal framework applicable to judicial liquidation and reorganization proceedings.