Resolving insolvency - Score in Oman

Oman: Resolving insolvency - Score was 43.98 in 2019. ▲ Rising

Latest (2019)
43.98
Change on year
down 0.2%
World rank
98th
of 191 countries
All-time high
44.34
in 2016
All-time low
41.82
in 2003
Years of data
17
2003–2019

Resolving insolvency - Score in Oman, 2003–2019

0102030402003201120192003: 41.82004: 42.32005: 42.62006: 42.92007: 432008: 42.82009: 42.82010: 42.72011: 43.12012: 43.52013: 43.82014: 43.92015: 44.12016: 44.32017: 44.12018: 44.12019: 44

Source: World Bank.

Analysis

Oman recorded 43.98 for resolving insolvency - score in 2019.

The figure is down 0.2% on the previous year and up 2.8% over ten years.

Over the whole period, resolving insolvency - score in Oman peaked at 44.34 in 2016 and was at its lowest, 41.82, in 2003.

Oman ranks 98th of 191 countries on this measure, in the middle of the range.

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

Resolving insolvency - Score in Oman, year by year

Annual values for Resolving insolvency - Score in Oman, 2003 to 2019.
Year Value Change
2003 41.82 —
2004 42.25 +1.0%
2005 42.63 +0.9%
2006 42.91 +0.7%
2007 42.96 +0.1%
2008 42.8 -0.4%
2009 42.8 +0.0%
2010 42.7 -0.2%
2011 43.06 +0.8%
2012 43.45 +0.9%
2013 43.78 +0.8%
2014 43.93 +0.3%
2015 44.14 +0.5%
2016 44.34 +0.5%
2017 44.14 -0.5%
2018 44.09 -0.1%
2019 43.98 -0.2%

Oman compared with similar countries

  • Oman's 43.98 is below the median for high income countries, which is 64.05, 69% of the median. (62 countries reporting)
  • Oman's 43.98 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 39.69, 1.1× the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 42.6 41.82 42.96 7
2010s 43.76 42.7 44.34 10

Countries ranked near Oman

  1. 95 Sri Lanka 45.03 compare
  2. 96 Armenia 44.55 compare
  3. 97 Senegal 44.26 compare
  4. 99 Fiji 43.78 compare
  5. 100 Uganda 43.57 compare
  6. 101 Uzbekistan 43.53 compare

See the full ranking of 191 places →

More reference data data for Oman

All data for Oman →

Frequently asked questions

What is resolving insolvency - score in Oman?
Resolving insolvency - score in Oman was 43.98 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Oman?
The highest recorded value was 44.34 in 2016.
What is the lowest resolving insolvency - score recorded in Oman?
The lowest recorded value was 41.82 in 2003.
How does Oman rank for resolving insolvency - score?
Oman ranks 98th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Oman?
Over the last ten years it is up 2.8%. The long-run trend across the full record is rising.
Where does this Oman 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.