Resolving insolvency - Score in Turkey

Turkey: Resolving insolvency - Score was 38.46 in 2019. ▲ Rising

Latest (2019)
38.46
Change on year
down 5.5%
World rank
121st
of 191 countries
All-time high
40.71
in 2018
All-time low
22.88
in 2004
Years of data
17
2003–2019

Resolving insolvency - Score in Turkey, 2003–2019

0102030402003201120192003: 282004: 22.92005: 31.12006: 352007: 35.92008: 35.92009: 35.92010: 36.42011: 372012: 37.72013: 372014: 402015: 35.12016: 352017: 33.32018: 40.72019: 38.5

Source: World Bank.

Analysis

Turkey recorded 38.46 for resolving insolvency - score in 2019.

That represents a change of down 5.5% on the previous year and up 7.3% over ten years.

Over the whole period, resolving insolvency - score in Turkey peaked at 40.71 in 2018 and was at its lowest, 22.88, in 2004.

Turkey ranks 121st 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 Turkey, year by year

Annual values for Resolving insolvency - Score in Turkey, 2003 to 2019.
Year Value Change
2003 27.95
2004 22.88 -18.2%
2005 31.08 +35.8%
2006 34.97 +12.5%
2007 35.92 +2.7%
2008 35.85 -0.2%
2009 35.85 +0.0%
2010 36.37 +1.4%
2011 37 +1.7%
2012 37.68 +1.8%
2013 37 -1.8%
2014 40 +8.1%
2015 35.09 -12.3%
2016 34.98 -0.3%
2017 33.26 -4.9%
2018 40.71 +22.4%
2019 38.46 -5.5%

Turkey compared with similar countries

  • Turkey's 38.46 is below the median for upper middle income countries, which is 44.79, 86% of the median. (56 countries reporting)
  • Turkey's 38.46 is below the median for Europe & Central Asia, which is 66.15, 58% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 32.07 22.88 35.92 7
2010s 37.06 33.26 40.71 10

Countries ranked near Turkey

  1. 118 Eswatini 38.87 compare
  2. 119 Guinea 38.59 compare
  3. 120 Congo 38.55 compare
  4. 122 Malta 38.31 compare
  5. 123 Vietnam 38.05 compare
  6. 124 Qatar 38 compare

See the full ranking of 191 places →

More reference data data for Turkey

All data for Turkey →

Frequently asked questions

What is resolving insolvency - score in Turkey?
Resolving insolvency - score in Turkey was 38.46 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Turkey?
The highest recorded value was 40.71 in 2018.
What is the lowest resolving insolvency - score recorded in Turkey?
The lowest recorded value was 22.88 in 2004.
How does Turkey rank for resolving insolvency - score?
Turkey ranks 121st out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Turkey?
Over the last ten years it is up 7.3%. The long-run trend across the full record is rising.
Where does this Turkey 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 Turkey. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-score/turkiye/

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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.