Resolving insolvency - Score in Thailand

Thailand: Resolving insolvency - Score was 76.79 in 2019. ▲ Rising

Latest (2019)
76.79
Change on year
up 0.2%
World rank
24th
of 191 countries
All-time high
76.79
in 2019
All-time low
58.42
in 2007
Years of data
17
2003–2019

Resolving insolvency - Score in Thailand, 2003–2019

0204060802003201120192003: 592004: 59.32005: 59.62006: 58.82007: 58.42008: 58.82009: 58.82010: 59.42011: 72.72012: 72.22013: 72.12014: 72.22015: 72.32016: 742017: 75.62018: 76.62019: 76.8

Source: World Bank.

Analysis

The most recent figure for resolving insolvency - score in Thailand is 76.79, measured in 2019. That is the highest value across all 17 years on record.

The figure is up 0.2% on the previous year and up 30.6% over ten years.

Over the whole period, resolving insolvency - score in Thailand peaked at 76.79 in 2019 and was at its lowest, 58.42, in 2007.

That places Thailand 24th out of 191 countries with data for 2019, putting it in the top quarter.

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

Resolving insolvency - Score in Thailand, year by year

Annual values for Resolving insolvency - Score in Thailand, 2003 to 2019.
Year Value Change
2003 58.99
2004 59.32 +0.6%
2005 59.58 +0.4%
2006 58.85 -1.2%
2007 58.42 -0.7%
2008 58.79 +0.6%
2009 58.79 +0.0%
2010 59.37 +1.0%
2011 72.66 +22.4%
2012 72.21 -0.6%
2013 72.12 -0.1%
2014 72.19 +0.1%
2015 72.28 +0.1%
2016 73.95 +2.3%
2017 75.64 +2.3%
2018 76.64 +1.3%
2019 76.79 +0.2%

Thailand compared with similar countries

  • Thailand's 76.79 is above the median for upper middle income countries, which is 44.79, 1.7× the median. (56 countries reporting)
  • Thailand's 76.79 is above the median for East Asia & Pacific, which is 43.6, 1.8× the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 58.96 58.42 59.58 7
2010s 72.38 59.37 76.79 10

Countries ranked near Thailand

  1. 21 Italy 77.48 compare
  2. 22 Austria 77.39 compare
  3. 23 Taiwan 77.06 compare
  4. 25 Poland 76.53 compare
  5. 26 France 74.62 compare
  6. 27 Singapore 74.32 compare

See the full ranking of 191 places →

More reference data data for Thailand

All data for Thailand →

Frequently asked questions

What is resolving insolvency - score in Thailand?
Resolving insolvency - score in Thailand was 76.79 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Thailand?
The highest recorded value was 76.79 in 2019.
What is the lowest resolving insolvency - score recorded in Thailand?
The lowest recorded value was 58.42 in 2007.
How does Thailand rank for resolving insolvency - score?
Thailand ranks 24th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Thailand?
Over the last ten years it is up 30.6%. The long-run trend across the full record is rising.
Where does this Thailand 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.