Resolving insolvency - Score in Luxembourg

Luxembourg: Resolving insolvency - Score was 45.48 in 2019. ▬ Flat

Latest (2019)
45.48
Change on year
up 0.0%
World rank
94th
of 191 countries
All-time high
45.58
in 2014
All-time low
44.29
in 2006
Years of data
14
2006–2019

Resolving insolvency - Score in Luxembourg, 2006–2019

010203040502006201220192006: 44.32007: 44.32008: 44.32009: 44.32010: 45.42011: 45.32012: 45.32013: 45.32014: 45.62015: 45.42016: 45.42017: 45.42018: 45.52019: 45.5

Source: World Bank.

Analysis

Luxembourg recorded 45.48 for resolving insolvency - score in 2019.

Compared with earlier readings it is up 2.6% over ten years.

Over the whole period, resolving insolvency - score in Luxembourg peaked at 45.58 in 2014 and was at its lowest, 44.29, in 2006.

That places Luxembourg 94th out of 191 countries with data for 2019, putting it in the middle of the range.

Resolving insolvency - Score in Luxembourg, year by year

Annual values for Resolving insolvency - Score in Luxembourg, 2006 to 2019.
Year Value Change
2006 44.29
2007 44.29 +0.0%
2008 44.34 +0.1%
2009 44.34 +0.0%
2010 45.4 +2.4%
2011 45.27 -0.3%
2012 45.28 +0.0%
2013 45.28 -0.0%
2014 45.58 +0.7%
2015 45.45 -0.3%
2016 45.4 -0.1%
2017 45.42 +0.1%
2018 45.46 +0.1%
2019 45.48 +0.0%

Luxembourg compared with similar countries

  • Luxembourg's 45.48 is below the median for high income countries, which is 64.05, 71% of the median. (62 countries reporting)
  • Luxembourg's 45.48 is below the median for Europe & Central Asia, which is 66.15, 69% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 44.32 44.29 44.34 4
2010s 45.4 45.27 45.58 10

Countries ranked near Luxembourg

  1. 91 Peru 46.56 compare
  2. 92 Belize 46.14 compare
  3. 93 El Salvador 45.58 compare
  4. 95 Sri Lanka 45.03 compare
  5. 96 Armenia 44.55 compare
  6. 97 Senegal 44.26 compare

See the full ranking of 191 places →

More reference data data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is resolving insolvency - score in Luxembourg?
Resolving insolvency - score in Luxembourg was 45.48 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Luxembourg?
The highest recorded value was 45.58 in 2014.
What is the lowest resolving insolvency - score recorded in Luxembourg?
The lowest recorded value was 44.29 in 2006.
How does Luxembourg rank for resolving insolvency - score?
Luxembourg ranks 94th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Luxembourg?
Over the last ten years it is up 2.6%. The long-run trend across the full record is flat.
Where does this Luxembourg 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.