Resolving insolvency - Score in China

China: Resolving insolvency - Score was 62.07 in 2019. ▲ Rising

Latest (2019)
62.07
Change on year
up 11.2%
World rank
52nd
of 191 countries
All-time high
62.07
in 2019
All-time low
23.2
in 2005
Years of data
17
2003–2019

Resolving insolvency - Score in China, 2003–2019

02040602003201120192003: 23.32004: 23.32005: 23.22006: 23.22007: 25.62008: 54.92009: 54.92010: 55.52011: 55.42012: 55.12013: 55.32014: 55.32015: 55.42016: 55.82017: 55.82018: 55.82019: 62.1

Source: World Bank.

Analysis

China recorded 62.07 for resolving insolvency - score in 2019. That is the highest value across all 17 years on record.

That represents a change of up 11.2% on the previous year and up 13.0% over ten years.

Over the whole period, resolving insolvency - score in China peaked at 62.07 in 2019 and was at its lowest, 23.2, in 2005.

China ranks 52nd 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 China, year by year

Annual values for Resolving insolvency - Score in China, 2003 to 2019.
Year Value Change
2003 23.31 —
2004 23.31 +0.0%
2005 23.2 -0.5%
2006 23.2 +0.0%
2007 25.59 +10.3%
2008 54.92 +114.7%
2009 54.92 +0.0%
2010 55.52 +1.1%
2011 55.37 -0.3%
2012 55.14 -0.4%
2013 55.31 +0.3%
2014 55.31 +0.0%
2015 55.43 +0.2%
2016 55.82 +0.7%
2017 55.82 +0.0%
2018 55.82 +0.0%
2019 62.07 +11.2%

China compared with similar countries

  • China's 62.07 is above the median for upper middle income countries, which is 44.79, 1.4× the median. (56 countries reporting)
  • China's 62.07 is above the median for East Asia & Pacific, which is 43.6, 1.4× the median. (28 countries reporting)

Biggest year-on-year movements

Years where Resolving insolvency - Score in China 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
2008 +114.7% 25.59 54.92

Averages by decade

DecadeAverage LowestHighest Years
2000s 32.64 23.2 54.92 7
2010s 56.16 55.14 62.07 10

Countries ranked near China

  1. 50 Switzerland 62.65 compare
  2. 51 Kenya 62.41 compare
  3. 53 India 61.95 compare
  4. 54 Chile 60.06 compare
  5. 55 Estonia 60.06 compare

See the full ranking of 191 places →

More reference data data for China

All data for China →

Frequently asked questions

What is resolving insolvency - score in China?
Resolving insolvency - score in China was 62.07 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in China?
The highest recorded value was 62.07 in 2019.
What is the lowest resolving insolvency - score recorded in China?
The lowest recorded value was 23.2 in 2005.
How does China rank for resolving insolvency - score?
China ranks 52nd out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in China?
Over the last ten years it is up 13.0%. The long-run trend across the full record is rising.
Where does this China 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.