Resolving insolvency - Score in Iceland
Iceland: Resolving insolvency - Score was 81.98 in 2019. ▲ Rising
Resolving insolvency - Score in Iceland, 2004–2019
Source: World Bank.
Analysis
Iceland recorded 81.98 for resolving insolvency - score in 2019. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 0.2% on the previous year and up 8.4% over ten years.
Over the whole period, resolving insolvency - score in Iceland peaked at 81.98 in 2019 and was at its lowest, 75.61, in 2008.
That places Iceland 12th out of 191 countries with data for 2019, putting it in the top 10%.
The long-run direction has been consistently rising across the 16 years of available data.
Resolving insolvency - Score in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 78.34 | — |
| 2005 | 78.34 | +0.0% |
| 2006 | 77.27 | -1.4% |
| 2007 | 77.57 | +0.4% |
| 2008 | 75.61 | -2.5% |
| 2009 | 75.61 | +0.0% |
| 2010 | 76.64 | +1.4% |
| 2011 | 81.4 | +6.2% |
| 2012 | 81.66 | +0.3% |
| 2013 | 81.4 | -0.3% |
| 2014 | 81.47 | +0.1% |
| 2015 | 81.65 | +0.2% |
| 2016 | 81.7 | +0.1% |
| 2017 | 81.44 | -0.3% |
| 2018 | 81.85 | +0.5% |
| 2019 | 81.98 | +0.2% |
Iceland compared with similar countries
- Iceland's 81.98 is above the median for high income countries, which is 64.05, 1.3× the median. (62 countries reporting)
- Iceland's 81.98 is above the median for Europe & Central Asia, which is 66.15, 1.2× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 77.12 | 75.61 | 78.34 | 6 |
| 2010s | 81.12 | 76.64 | 81.98 | 10 |
Countries ranked near Iceland
- 9 Belgium 84.07 compare
- 10 Puerto Rico 83.32 compare
- 11 South Korea 82.88 compare
- 13 Canada 81.03 compare
- 14 United Kingdom 80.32 compare
- 15 Portugal 80.17 compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is resolving insolvency - score in Iceland?
- Resolving insolvency - score in Iceland was 81.98 in 2019, according to the World Bank.
- What is the highest resolving insolvency - score recorded in Iceland?
- The highest recorded value was 81.98 in 2019.
- What is the lowest resolving insolvency - score recorded in Iceland?
- The lowest recorded value was 75.61 in 2008.
- How does Iceland rank for resolving insolvency - score?
- Iceland ranks 12th out of 191 countries with data for 2019.
- Is resolving insolvency - score rising or falling in Iceland?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is rising.
- Where does this Iceland 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.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.