Resolving insolvency - Score in Venezuela

Venezuela: Resolving insolvency - Score was 18.5 in 2019. β–¬ Flat

Latest (2019)
18.5
Change on year
down 0.7%
World rank
163rd
of 188 countries
All-time high
19.21
in 2006
All-time low
17.45
in 2003
Years of data
17
2003–2019

Resolving insolvency - Score in Venezuela, 2003–2019

051015202003201120192003: 17.42004: 18.32005: 18.92006: 19.22007: 19.22008: 18.82009: 18.82010: 18.82011: 18.92012: 19.12013: 19.12014: 19.22015: 192016: 18.82017: 18.72018: 18.62019: 18.5

Source: World Bank.

Analysis

Venezuela recorded 18.5 for resolving insolvency - score in 2019.

That represents a change of down 0.7% on the previous year and down 1.7% over ten years.

Over the whole period, resolving insolvency - score in Venezuela peaked at 19.21 in 2006 and was at its lowest, 17.45, in 2003.

That places Venezuela 163rd out of 188 countries with data for 2019, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.66 17.45 19.21 7
2010s 18.88 18.5 19.2 10

Countries ranked near Venezuela

  1. 160 Sierra Leone 24.73 compare
  2. 161 Guyana 22.38 compare
  3. 162 Myanmar 20.39 compare
  4. 164 Palau 16.38 compare
  5. 165 Marshall Islands 9.19 compare
  6. 166 Angola 0 compare
  7. 166 Bhutan 0 compare
  8. 166 Cape Verde 0 compare
  9. 166 Comoros 0 compare
  10. 166 Democratic Republic of Congo 0 compare
  11. 166 Equatorial Guinea 0 compare
  12. 166 Eritrea 0 compare
  13. 166 Grenada 0 compare
  14. 166 Guinea-Bissau 0 compare
  15. 166 Haiti 0 compare
  16. 166 Iraq 0 compare
  17. 166 Kiribati 0 compare
  18. 166 Laos 0 compare
  19. 166 Libya 0 compare
  20. 166 Mauritania 0 compare
  21. 166 Sao Tome and Principe 0 compare
  22. 166 Saudi Arabia 0 compare
  23. 166 Somalia 0 compare
  24. 166 South Sudan 0 compare
  25. 166 Saint Kitts and Nevis 0 compare
  26. 166 Saint Vincent and the Grenadines 0 compare
  27. 166 East Timor 0 compare
  28. 166 Palestine 0 compare

See the full ranking of 190 places β†’

More reference data data for Venezuela

All data for Venezuela β†’

Frequently asked questions

What is resolving insolvency - score in Venezuela?
Resolving insolvency - score in Venezuela was 18.5 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Venezuela?
The highest recorded value was 19.21 in 2006.
What is the lowest resolving insolvency - score recorded in Venezuela?
The lowest recorded value was 17.45 in 2003.
How does Venezuela rank for resolving insolvency - score?
Venezuela ranks 163rd out of 188 countries with data for 2019.
Is resolving insolvency - score rising or falling in Venezuela?
Over the last ten years it is down 1.7%. The long-run trend across the full record is flat.
Where does this Venezuela 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.