Resolving insolvency - Score in Mongolia

Mongolia: Resolving insolvency - Score was 30.12 in 2019. ▲ Rising

Latest (2019)
30.12
Change on year
up 2.5%
World rank
151st
of 191 countries
All-time high
30.5
in 2012
All-time low
27.71
in 2004
Years of data
17
2003–2019

Resolving insolvency - Score in Mongolia, 2003–2019

01020302003201120192003: 27.92004: 27.72005: 27.92006: 28.42007: 29.32008: 30.22009: 30.22010: 29.32011: 29.82012: 30.52013: 302014: 29.92015: 29.72016: 29.52017: 29.52018: 29.42019: 30.1

Source: World Bank.

Analysis

Mongolia recorded 30.12 for resolving insolvency - score in 2019.

Compared with earlier readings it is up 2.5% on the previous year and down 0.3% over ten years.

Over the whole period, resolving insolvency - score in Mongolia peaked at 30.5 in 2012 and was at its lowest, 27.71, in 2004.

Mongolia ranks 151st 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 Mongolia, year by year

Annual values for Resolving insolvency - Score in Mongolia, 2003 to 2019.
Year Value Change
2003 27.86
2004 27.71 -0.5%
2005 27.94 +0.8%
2006 28.37 +1.6%
2007 29.34 +3.4%
2008 30.2 +2.9%
2009 30.2 +0.0%
2010 29.27 -3.1%
2011 29.78 +1.8%
2012 30.5 +2.4%
2013 29.99 -1.7%
2014 29.87 -0.4%
2015 29.7 -0.6%
2016 29.53 -0.6%
2017 29.48 -0.2%
2018 29.39 -0.3%
2019 30.12 +2.5%

Mongolia compared with similar countries

  • Mongolia's 30.12 is below the median for upper middle income countries, which is 44.79, 67% of the median. (56 countries reporting)
  • Mongolia's 30.12 is below the median for East Asia & Pacific, which is 43.6, 69% of the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 28.8 27.71 30.2 7
2010s 29.76 29.27 30.5 10

Countries ranked near Mongolia

  1. 148 Burundi 30.61 compare
  2. 149 Nigeria 30.59 compare
  3. 150 Ethiopia 30.34 compare
  4. 152 Lebanon 29.08 compare
  5. 153 Sudan 28.78 compare
  6. 154 Tajikistan 28.43 compare

See the full ranking of 191 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is resolving insolvency - score in Mongolia?
Resolving insolvency - score in Mongolia was 30.12 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Mongolia?
The highest recorded value was 30.5 in 2012.
What is the lowest resolving insolvency - score recorded in Mongolia?
The lowest recorded value was 27.71 in 2004.
How does Mongolia rank for resolving insolvency - score?
Mongolia ranks 151st out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Mongolia?
Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
Where does this Mongolia 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.