Resolving insolvency - Score in Ecuador

Ecuador: Resolving insolvency - Score was 25.46 in 2019. ▲ Rising

Latest (2019)
25.46
Change on year
up 0.4%
World rank
161st
of 191 countries
All-time high
25.46
in 2019
All-time low
20.81
in 2003
Years of data
17
2003–2019

Resolving insolvency - Score in Ecuador, 2003–2019

01020302003201120192003: 20.82004: 21.72005: 232006: 22.92007: 23.22008: 22.72009: 22.72010: 23.22011: 23.32012: 23.62013: 23.72014: 23.72015: 25.32016: 25.22017: 252018: 25.42019: 25.5

Source: World Bank.

Analysis

The most recent figure for resolving insolvency - score in Ecuador is 25.46, measured in 2019. That is the highest value across all 17 years on record.

That represents a change of up 0.4% on the previous year and up 11.9% over ten years.

Over the whole period, resolving insolvency - score in Ecuador peaked at 25.46 in 2019 and was at its lowest, 20.81, in 2003.

Ecuador ranks 161st of 191 countries on this measure, in the bottom quarter.

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

Resolving insolvency - Score in Ecuador, year by year

Annual values for Resolving insolvency - Score in Ecuador, 2003 to 2019.
Year Value Change
2003 20.81
2004 21.68 +4.2%
2005 23.02 +6.2%
2006 22.94 -0.4%
2007 23.18 +1.0%
2008 22.74 -1.9%
2009 22.74 +0.0%
2010 23.22 +2.1%
2011 23.33 +0.5%
2012 23.62 +1.2%
2013 23.68 +0.3%
2014 23.67 -0.1%
2015 25.28 +6.8%
2016 25.17 -0.4%
2017 25.01 -0.7%
2018 25.36 +1.4%
2019 25.46 +0.4%

Ecuador compared with similar countries

  • Ecuador's 25.46 is below the median for upper middle income countries, which is 44.79, 57% of the median. (56 countries reporting)
  • Ecuador's 25.46 is below the median for Latin America & Caribbean, which is 40.03, 64% of the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.45 20.81 23.18 7
2010s 24.38 23.22 25.46 10

Countries ranked near Ecuador

  1. 158 Guatemala 27.64 compare
  2. 159 Syria 27 compare
  3. 160 Yemen 26.92 compare
  4. 162 Ghana 25.41 compare
  5. 163 Sierra Leone 24.73 compare
  6. 164 Guyana 22.38 compare

See the full ranking of 191 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is resolving insolvency - score in Ecuador?
Resolving insolvency - score in Ecuador was 25.46 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Ecuador?
The highest recorded value was 25.46 in 2019.
What is the lowest resolving insolvency - score recorded in Ecuador?
The lowest recorded value was 20.81 in 2003.
How does Ecuador rank for resolving insolvency - score?
Ecuador ranks 161st out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Ecuador?
Over the last ten years it is up 11.9%. The long-run trend across the full record is rising.
Where does this Ecuador 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.