Resolving insolvency - Score in Dominican Republic

Dominican Republic: Resolving insolvency - Score was 37.97 in 2019. ▲ Rising

Latest (2019)
37.97
Change on year
up 1.2%
World rank
125th
of 191 countries
All-time high
37.97
in 2019
All-time low
21.65
in 2005
Years of data
17
2003–2019

Resolving insolvency - Score in Dominican Republic, 2003–2019

0102030402003201120192003: 21.92004: 21.82005: 21.72006: 22.72007: 23.32008: 23.52009: 23.52010: 23.62011: 23.82012: 23.52013: 23.52014: 23.72015: 23.72016: 23.62017: 37.62018: 37.52019: 38

Source: World Bank.

Analysis

In 2019, resolving insolvency - score in Dominican Republic stood at 37.97. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 1.2% on the previous year and up 61.4% over ten years.

Over the whole period, resolving insolvency - score in Dominican Republic peaked at 37.97 in 2019 and was at its lowest, 21.65, in 2005.

That places Dominican Republic 125th out of 191 countries with data for 2019, putting it 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 Dominican Republic, year by year

Annual values for Resolving insolvency - Score in Dominican Republic, 2003 to 2019.
Year Value Change
2003 21.94
2004 21.75 -0.8%
2005 21.65 -0.4%
2006 22.74 +5.0%
2007 23.25 +2.2%
2008 23.53 +1.2%
2009 23.53 +0.0%
2010 23.63 +0.4%
2011 23.84 +0.9%
2012 23.46 -1.6%
2013 23.47 +0.0%
2014 23.75 +1.2%
2015 23.7 -0.2%
2016 23.55 -0.6%
2017 37.59 +59.6%
2018 37.54 -0.1%
2019 37.97 +1.2%

Dominican Republic compared with similar countries

  • Dominican Republic's 37.97 is below the median for upper middle income countries, which is 44.79, 85% of the median. (56 countries reporting)
  • Dominican Republic's 37.97 is below the median for Latin America & Caribbean, which is 40.03, 95% of the median. (33 countries reporting)

Biggest year-on-year movements

Years where Resolving insolvency - Score in Dominican Republic 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
2017 +59.6% 23.55 37.59

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.63 21.65 23.53 7
2010s 27.85 23.46 37.97 10

Countries ranked near Dominican Republic

  1. 122 Malta 38.31 compare
  2. 123 Vietnam 38.05 compare
  3. 124 Qatar 38 compare
  4. 126 Micronesia (country) 37.79 compare
  5. 127 Lesotho 36.99 compare
  6. 128 Namibia 36.93 compare

See the full ranking of 191 places →

More reference data data for Dominican Republic

All data for Dominican Republic →

Frequently asked questions

What is resolving insolvency - score in Dominican Republic?
Resolving insolvency - score in Dominican Republic was 37.97 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Dominican Republic?
The highest recorded value was 37.97 in 2019.
What is the lowest resolving insolvency - score recorded in Dominican Republic?
The lowest recorded value was 21.65 in 2005.
How does Dominican Republic rank for resolving insolvency - score?
Dominican Republic ranks 125th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Dominican Republic?
Over the last ten years it is up 61.4%. The long-run trend across the full record is rising.
Where does this Dominican Republic 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.