Resolving insolvency - Score in North Macedonia

North Macedonia: Resolving insolvency - Score was 72.73 in 2019. ▲ Rising

Latest (2019)
72.73
Change on year
up 0.0%
World rank
30th
of 191 countries
All-time high
72.73
in 2019
All-time low
56.95
in 2003
Years of data
17
2003–2019

Resolving insolvency - Score in North Macedonia, 2003–2019

0204060802003201120192003: 572004: 57.52005: 58.82006: 58.82007: 65.32008: 662009: 662010: 65.92011: 66.42012: 66.52013: 67.32014: 67.52015: 67.72016: 72.42017: 72.52018: 72.72019: 72.7

Source: World Bank.

Analysis

North Macedonia recorded 72.73 for resolving insolvency - score in 2019. That is the highest value across all 17 years on record.

The figure is up 10.2% over ten years.

Over the whole period, resolving insolvency - score in North Macedonia peaked at 72.73 in 2019 and was at its lowest, 56.95, in 2003.

North Macedonia ranks 30th of 191 countries on this measure, in the top quarter.

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

Resolving insolvency - Score in North Macedonia, year by year

Annual values for Resolving insolvency - Score in North Macedonia, 2003 to 2019.
Year Value Change
2003 56.95 —
2004 57.5 +1.0%
2005 58.78 +2.2%
2006 58.84 +0.1%
2007 65.32 +11.0%
2008 66.02 +1.1%
2009 66.02 +0.0%
2010 65.89 -0.2%
2011 66.37 +0.7%
2012 66.45 +0.1%
2013 67.31 +1.3%
2014 67.49 +0.3%
2015 67.73 +0.4%
2016 72.38 +6.9%
2017 72.54 +0.2%
2018 72.69 +0.2%
2019 72.73 +0.0%

North Macedonia compared with similar countries

  • North Macedonia's 72.73 is above the median for upper middle income countries, which is 44.79, 1.6× the median. (56 countries reporting)
  • North Macedonia's 72.73 is above the median for Europe & Central Asia, which is 66.15, 1.1× the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 61.35 56.95 66.02 7
2010s 69.16 65.89 72.73 10

Countries ranked near North Macedonia

  1. 27 Singapore 74.32 compare
  2. 28 Mauritius 73.75 compare
  3. 29 Israel 72.74 compare
  4. 31 Cyprus 72.52 compare
  5. 32 Colombia 71.37 compare
  6. 33 Mexico 70.35 compare

See the full ranking of 191 places →

More reference data data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is resolving insolvency - score in North Macedonia?
Resolving insolvency - score in North Macedonia was 72.73 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in North Macedonia?
The highest recorded value was 72.73 in 2019.
What is the lowest resolving insolvency - score recorded in North Macedonia?
The lowest recorded value was 56.95 in 2003.
How does North Macedonia rank for resolving insolvency - score?
North Macedonia ranks 30th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in North Macedonia?
Over the last ten years it is up 10.2%. The long-run trend across the full record is rising.
Where does this North Macedonia 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.