Resolving insolvency - Score in Iceland

Iceland: Resolving insolvency - Score was 81.98 in 2019. β–² Rising

Latest (2019)
81.98
Change on year
up 0.2%
World rank
12th
of 188 countries
All-time high
81.98
in 2019
All-time low
75.61
in 2008
Years of data
16
2004–2019

Resolving insolvency - Score in Iceland, 2004–2019

0204060802004201120192004: 78.32005: 78.32006: 77.32007: 77.62008: 75.62009: 75.62010: 76.62011: 81.42012: 81.72013: 81.42014: 81.52015: 81.62016: 81.72017: 81.42018: 81.92019: 82

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 188 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 77.12 75.61 78.34 6
2010s 81.12 76.64 81.98 10

Countries ranked near Iceland

  1. 9 Belgium 84.07 compare
  2. 10 Puerto Rico 83.32 compare
  3. 11 South Korea 82.88 compare
  4. 13 Canada 81.03 compare
  5. 14 United Kingdom 80.32 compare
  6. 15 Portugal 80.17 compare

See the full ranking of 190 places β†’

More reference data data for Iceland

All data for Iceland β†’

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 188 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 Β· JSON β€” 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Resolving insolvency - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 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.