Resolving insolvency - Score in Australia

Australia: Resolving insolvency - Score was 78.86 in 2019. ▲ Rising

Latest (2019)
78.86
Change on year
down 0.0%
World rank
20th
of 191 countries
All-time high
78.87
in 2018
All-time low
73.68
in 2008
Years of data
17
2003–2019

Resolving insolvency - Score in Australia, 2003–2019

0204060802003201120192003: 74.52004: 74.42005: 74.32006: 74.22007: 73.92008: 73.72009: 73.72010: 75.32011: 74.72012: 74.72013: 752014: 75.32015: 75.42016: 75.62017: 78.82018: 78.92019: 78.9

Source: World Bank.

Analysis

In 2019, resolving insolvency - score in Australia stood at 78.86.

Compared with earlier readings it is up 7.0% over ten years.

Over the whole period, resolving insolvency - score in Australia peaked at 78.87 in 2018 and was at its lowest, 73.68, in 2008.

That places Australia 20th out of 191 countries with data for 2019, putting it in the top 10%.

The long-run direction has been consistently rising across the 17 years of available data.

Resolving insolvency - Score in Australia, year by year

Annual values for Resolving insolvency - Score in Australia, 2003 to 2019.
Year Value Change
2003 74.47 —
2004 74.44 -0.0%
2005 74.27 -0.2%
2006 74.17 -0.1%
2007 73.88 -0.4%
2008 73.68 -0.3%
2009 73.68 +0.0%
2010 75.29 +2.2%
2011 74.74 -0.7%
2012 74.71 -0.0%
2013 75.02 +0.4%
2014 75.35 +0.4%
2015 75.44 +0.1%
2016 75.6 +0.2%
2017 78.79 +4.2%
2018 78.87 +0.1%
2019 78.86 -0.0%

Australia compared with similar countries

  • Australia's 78.86 is above the median for high income countries, which is 64.05, 1.2× the median. (62 countries reporting)
  • Australia's 78.86 is above the median for East Asia & Pacific, which is 43.6, 1.8× the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 74.08 73.68 74.47 7
2010s 76.27 74.71 78.87 10

Countries ranked near Australia

  1. 17 Sweden 79.51 compare
  2. 18 Spain 79.22 compare
  3. 19 Ireland 79.15 compare
  4. 21 Italy 77.48 compare
  5. 22 Austria 77.39 compare
  6. 23 Taiwan 77.06 compare

See the full ranking of 191 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is resolving insolvency - score in Australia?
Resolving insolvency - score in Australia was 78.86 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Australia?
The highest recorded value was 78.87 in 2018.
What is the lowest resolving insolvency - score recorded in Australia?
The lowest recorded value was 73.68 in 2008.
How does Australia rank for resolving insolvency - score?
Australia ranks 20th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Australia?
Over the last ten years it is up 7.0%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures come from the World Bank, published as part of Resolving insolvency - Score. Statizoid updates them automatically from the source API.

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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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About this data

Indicator
Resolving insolvency - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 3,094 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.