Resolving insolvency - Score in Papua New Guinea

Papua New Guinea: Resolving insolvency - Score was 32.16 in 2019. ▬ Flat

Latest (2019)
32.16
Change on year
down 0.4%
World rank
145th
of 191 countries
All-time high
32.31
in 2017
All-time low
30.47
in 2003
Years of data
17
2003–2019

Resolving insolvency - Score in Papua New Guinea, 2003–2019

01020302003201120192003: 30.52004: 30.62005: 30.62006: 31.52007: 31.62008: 32.12009: 32.12010: 31.62011: 31.52012: 31.42013: 31.42014: 31.62015: 31.72016: 32.12017: 32.32018: 32.32019: 32.2

Source: World Bank.

Analysis

The most recent figure for resolving insolvency - score in Papua New Guinea is 32.16, measured in 2019.

The figure is down 0.4% on the previous year and up 0.3% over ten years.

Over the whole period, resolving insolvency - score in Papua New Guinea peaked at 32.31 in 2017 and was at its lowest, 30.47, in 2003.

Papua New Guinea ranks 145th of 191 countries on this measure, in the bottom quarter.

Resolving insolvency - Score in Papua New Guinea, year by year

Annual values for Resolving insolvency - Score in Papua New Guinea, 2003 to 2019.
Year Value Change
2003 30.47 —
2004 30.57 +0.4%
2005 30.61 +0.1%
2006 31.51 +3.0%
2007 31.63 +0.4%
2008 32.06 +1.4%
2009 32.06 +0.0%
2010 31.64 -1.3%
2011 31.5 -0.4%
2012 31.41 -0.3%
2013 31.41 -0.0%
2014 31.64 +0.8%
2015 31.75 +0.3%
2016 32.15 +1.3%
2017 32.31 +0.5%
2018 32.28 -0.1%
2019 32.16 -0.4%

Papua New Guinea compared with similar countries

  • Papua New Guinea's 32.16 is below the median for lower middle income countries, which is 36.99, 87% of the median. (47 countries reporting)
  • Papua New Guinea's 32.16 is below the median for East Asia & Pacific, which is 43.6, 74% of the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 31.27 30.47 32.06 7
2010s 31.82 31.41 32.31 10

Countries ranked near Papua New Guinea

  1. 142 Maldives 33.29 compare
  2. 143 Zimbabwe 32.88 compare
  3. 144 Honduras 32.57 compare
  4. 146 Solomon Islands 31.87 compare
  5. 147 Ukraine 31.4 compare
  6. 148 Burundi 30.61 compare

See the full ranking of 191 places →

More reference data data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is resolving insolvency - score in Papua New Guinea?
Resolving insolvency - score in Papua New Guinea was 32.16 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Papua New Guinea?
The highest recorded value was 32.31 in 2017.
What is the lowest resolving insolvency - score recorded in Papua New Guinea?
The lowest recorded value was 30.47 in 2003.
How does Papua New Guinea rank for resolving insolvency - score?
Papua New Guinea ranks 145th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Papua New Guinea?
Over the last ten years it is up 0.3%. The long-run trend across the full record is flat.
Where does this Papua New Guinea 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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Resolving insolvency - Score in Papua New Guinea. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-score/papua-new-guinea/

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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.