Resolving insolvency - Score in Benin

Benin: Resolving insolvency - Score was 40.99 in 2019. ▲ Rising

Latest (2019)
40.99
Change on year
up 0.8%
World rank
109th
of 191 countries
All-time high
40.99
in 2019
All-time low
31.04
in 2003
Years of data
17
2003–2019

Resolving insolvency - Score in Benin, 2003–2019

0102030402003201120192003: 312004: 33.12005: 312006: 40.92007: 40.32008: 37.12009: 37.12010: 392011: 392012: 392013: 37.92014: 38.12015: 38.12016: 38.72017: 40.52018: 40.72019: 41

Source: World Bank.

Analysis

In 2019, resolving insolvency - score in Benin stood at 40.99. That is the highest value across all 17 years on record.

That represents a change of up 0.8% on the previous year and up 10.5% over ten years.

Over the whole period, resolving insolvency - score in Benin peaked at 40.99 in 2019 and was at its lowest, 31.04, in 2003.

Benin ranks 109th of 191 countries on this measure, in the middle of the range.

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

Resolving insolvency - Score in Benin, year by year

Annual values for Resolving insolvency - Score in Benin, 2003 to 2019.
Year Value Change
2003 31.04
2004 33.1 +6.6%
2005 31.04 -6.2%
2006 40.88 +31.7%
2007 40.27 -1.5%
2008 37.09 -7.9%
2009 37.09 +0.0%
2010 39.01 +5.2%
2011 39.01 +0.0%
2012 39.01 +0.0%
2013 37.87 -2.9%
2014 38.09 +0.6%
2015 38.09 +0.0%
2016 38.72 +1.7%
2017 40.46 +4.5%
2018 40.68 +0.5%
2019 40.99 +0.8%

Benin compared with similar countries

  • Benin's 40.99 is above the median for lower middle income countries, which is 36.99, 1.1× the median. (47 countries reporting)
  • Benin's 40.99 is above the median for Sub-Saharan Africa, which is 36.72, 1.1× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Resolving insolvency - Score in Benin changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2006 +31.7% 31.04 40.88

Averages by decade

DecadeAverage LowestHighest Years
2000s 35.79 31.04 40.88 7
2010s 39.19 37.87 40.99 10

Countries ranked near Benin

  1. 106 Paraguay 42.07 compare
  2. 107 San Marino 41.09 compare
  3. 108 Nicaragua 41.09 compare
  4. 110 Burkina Faso 40.82 compare
  5. 111 Liberia 40.62 compare
  6. 112 Argentina 40.03 compare

See the full ranking of 191 places →

More reference data data for Benin

All data for Benin →

Frequently asked questions

What is resolving insolvency - score in Benin?
Resolving insolvency - score in Benin was 40.99 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Benin?
The highest recorded value was 40.99 in 2019.
What is the lowest resolving insolvency - score recorded in Benin?
The lowest recorded value was 31.04 in 2003.
How does Benin rank for resolving insolvency - score?
Benin ranks 109th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Benin?
Over the last ten years it is up 10.5%. The long-run trend across the full record is rising.
Where does this Benin 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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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.