Resolving insolvency - Score in Tonga

Tonga: Resolving insolvency - Score was 33.93 in 2019. β–¬ Flat

Latest (2019)
33.93
Change on year
down 0.2%
World rank
136th
of 188 countries
All-time high
33.99
in 2018
All-time low
32.38
in 2005
Years of data
17
2003–2019

Resolving insolvency - Score in Tonga, 2003–2019

01020302003201120192003: 32.82004: 33.22005: 32.42006: 32.72007: 32.52008: 32.52009: 32.52010: 32.52011: 32.72012: 32.82013: 32.92014: 33.32015: 33.62016: 33.82017: 342018: 342019: 33.9

Source: World Bank.

Analysis

Tonga recorded 33.93 for resolving insolvency - score in 2019.

The figure is down 0.2% on the previous year and up 4.5% over ten years.

Over the whole period, resolving insolvency - score in Tonga peaked at 33.99 in 2018 and was at its lowest, 32.38, in 2005.

That places Tonga 136th out of 188 countries with data for 2019, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 32.64 32.38 33.17 7
2010s 33.35 32.5 33.99 10

Countries ranked near Tonga

  1. 133 Madagascar 34.8 compare
  2. 134 Dominica 34.68 compare
  3. 135 Costa Rica 34.64 compare
  4. 137 Suriname 33.83 compare
  5. 138 Samoa 33.41 compare
  6. 139 Maldives 33.29 compare

See the full ranking of 190 places β†’

More reference data data for Tonga

All data for Tonga β†’

Frequently asked questions

What is resolving insolvency - score in Tonga?
Resolving insolvency - score in Tonga was 33.93 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Tonga?
The highest recorded value was 33.99 in 2018.
What is the lowest resolving insolvency - score recorded in Tonga?
The lowest recorded value was 32.38 in 2005.
How does Tonga rank for resolving insolvency - score?
Tonga ranks 136th out of 188 countries with data for 2019.
Is resolving insolvency - score rising or falling in Tonga?
Over the last ten years it is up 4.5%. The long-run trend across the full record is flat.
Where does this Tonga 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 Β· JSON β€” 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.