Resolving insolvency - Score in Cyprus

Cyprus: Resolving insolvency - Score was 72.52 in 2019. ▲ Rising

Latest (2019)
72.52
Change on year
up 0.3%
World rank
31st
of 191 countries
All-time high
72.52
in 2019
All-time low
50.37
in 2010
Years of data
12
2008–2019

Resolving insolvency - Score in Cyprus, 2008–2019

0204060802008201320192008: 50.62009: 50.62010: 50.42011: 50.62012: 50.52013: 50.42014: 50.42015: 71.22016: 722017: 72.22018: 72.32019: 72.5

Source: World Bank.

Analysis

Cyprus recorded 72.52 for resolving insolvency - score in 2019. That is the highest value across all 12 years on record.

The figure is up 0.3% on the previous year and up 43.4% over ten years.

Over the whole period, resolving insolvency - score in Cyprus peaked at 72.52 in 2019 and was at its lowest, 50.37, in 2010.

Cyprus ranks 31st of 191 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 12 years of available data.

Resolving insolvency - Score in Cyprus, year by year

Annual values for Resolving insolvency - Score in Cyprus, 2008 to 2019.
Year Value Change
2008 50.57 —
2009 50.57 +0.0%
2010 50.37 -0.4%
2011 50.59 +0.4%
2012 50.54 -0.1%
2013 50.43 -0.2%
2014 50.43 +0.0%
2015 71.23 +41.2%
2016 72 +1.1%
2017 72.21 +0.3%
2018 72.32 +0.2%
2019 72.52 +0.3%

Cyprus compared with similar countries

  • Cyprus's 72.52 is above the median for high income countries, which is 64.05, 1.1× the median. (62 countries reporting)
  • Cyprus's 72.52 is above the median for Europe & Central Asia, which is 66.15, 1.1× the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 50.57 50.57 50.57 2
2010s 61.26 50.37 72.52 10

Countries ranked near Cyprus

  1. 28 Mauritius 73.75 compare
  2. 29 Israel 72.74 compare
  3. 30 North Macedonia 72.73 compare
  4. 32 Colombia 71.37 compare
  5. 33 Mexico 70.35 compare
  6. 34 Jamaica 70.11 compare

See the full ranking of 191 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is resolving insolvency - score in Cyprus?
Resolving insolvency - score in Cyprus was 72.52 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Cyprus?
The highest recorded value was 72.52 in 2019.
What is the lowest resolving insolvency - score recorded in Cyprus?
The lowest recorded value was 50.37 in 2010.
How does Cyprus rank for resolving insolvency - score?
Cyprus ranks 31st out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Cyprus?
Over the last ten years it is up 43.4%. The long-run trend across the full record is rising.
Where does this Cyprus 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.