Resolving insolvency - Score in Colombia

Colombia: Resolving insolvency - Score was 71.37 in 2019. ▲ Rising

Latest (2019)
71.37
Change on year
up 5.9%
World rank
32nd
of 191 countries
All-time high
71.37
in 2019
All-time low
57.98
in 2008
Years of data
17
2003–2019

Resolving insolvency - Score in Colombia, 2003–2019

0204060802003201120192003: 59.52004: 59.12005: 59.12006: 60.42007: 60.82008: 582009: 582010: 62.82011: 70.12012: 68.72013: 682014: 68.92015: 68.92016: 68.62017: 66.92018: 67.42019: 71.4

Source: World Bank.

Analysis

In 2019, resolving insolvency - score in Colombia stood at 71.37. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 5.9% on the previous year and up 23.1% over ten years.

Over the whole period, resolving insolvency - score in Colombia peaked at 71.37 in 2019 and was at its lowest, 57.98, in 2008.

That places Colombia 32nd out of 191 countries with data for 2019, putting it in the top quarter.

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

Resolving insolvency - Score in Colombia, year by year

Annual values for Resolving insolvency - Score in Colombia, 2003 to 2019.
Year Value Change
2003 59.46
2004 59.07 -0.7%
2005 59.15 +0.1%
2006 60.44 +2.2%
2007 60.77 +0.6%
2008 57.98 -4.6%
2009 57.98 +0.0%
2010 62.82 +8.4%
2011 70.09 +11.6%
2012 68.74 -1.9%
2013 67.99 -1.1%
2014 68.87 +1.3%
2015 68.94 +0.1%
2016 68.61 -0.5%
2017 66.89 -2.5%
2018 67.4 +0.8%
2019 71.37 +5.9%

Colombia compared with similar countries

  • Colombia's 71.37 is above the median for upper middle income countries, which is 44.79, 1.6× the median. (56 countries reporting)
  • Colombia's 71.37 is above the median for Latin America & Caribbean, which is 40.03, 1.8× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 59.26 57.98 60.77 7
2010s 68.17 62.82 71.37 10

Countries ranked near Colombia

  1. 29 Israel 72.74 compare
  2. 30 North Macedonia 72.73 compare
  3. 31 Cyprus 72.52 compare
  4. 33 Mexico 70.35 compare
  5. 34 Jamaica 70.11 compare
  6. 35 Barbados 69.76 compare

See the full ranking of 191 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is resolving insolvency - score in Colombia?
Resolving insolvency - score in Colombia was 71.37 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Colombia?
The highest recorded value was 71.37 in 2019.
What is the lowest resolving insolvency - score recorded in Colombia?
The lowest recorded value was 57.98 in 2008.
How does Colombia rank for resolving insolvency - score?
Colombia ranks 32nd out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Colombia?
Over the last ten years it is up 23.1%. The long-run trend across the full record is rising.
Where does this Colombia 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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Resolving insolvency - Score in Colombia. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-score/colombia/

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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.