Resolving insolvency - Score in Philippines

Philippines: Resolving insolvency - Score was 55.08 in 2019. ▲ Rising

Latest (2019)
55.08
Change on year
down 0.3%
World rank
63rd
of 188 countries
All-time high
55.25
in 2015
All-time low
34.88
in 2004
Years of data
17
2003–2019

Resolving insolvency - Score in Philippines, 2003–2019

02040602003201120192003: 35.12004: 34.92005: 352006: 352007: 35.12008: 35.22009: 35.22010: 35.22011: 46.32012: 46.42013: 55.22014: 55.22015: 55.32016: 55.22017: 55.22018: 55.22019: 55.1

Source: World Bank.

Analysis

The most recent figure for resolving insolvency - score in Philippines is 55.08, measured in 2019.

Compared with earlier readings it is down 0.3% on the previous year and up 56.6% over ten years.

Over the whole period, resolving insolvency - score in Philippines peaked at 55.25 in 2015 and was at its lowest, 34.88, in 2004.

Philippines ranks 63rd of 188 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 35.06 34.88 35.18 7
2010s 51.42 35.22 55.25 10

Countries ranked near Philippines

  1. 60 Rwanda 57.25 compare
  2. 61 Croatia 56.46 compare
  3. 62 Georgia 56.17 compare
  4. 64 Hungary 55.03 compare
  5. 65 Moldova 54.78 compare
  6. 66 South Africa 54.59 compare

See the full ranking of 190 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is resolving insolvency - score in Philippines?
Resolving insolvency - score in Philippines was 55.08 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Philippines?
The highest recorded value was 55.25 in 2015.
What is the lowest resolving insolvency - score recorded in Philippines?
The lowest recorded value was 34.88 in 2004.
How does Philippines rank for resolving insolvency - score?
Philippines ranks 63rd out of 188 countries with data for 2019.
Is resolving insolvency - score rising or falling in Philippines?
Over the last ten years it is up 56.6%. The long-run trend across the full record is rising.
Where does this Philippines 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.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Resolving insolvency - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 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.