Resolving insolvency: Strength of insolvency framework index (0-16) by country
The strength of insolvency framework index measures the legal framework applicable to judicial liquidation and reorganization proceedings and the extent to which best insolvency practices have been implemented in each economy covered by the Doing Business. This index ranges has four components, the commencement of...
What the numbers show
Resolving insolvency: Strength of insolvency framework index (0-16) is currently reported for 166 countries. The highest value is 15.5 0-16 in Serbia; the lowest is 2 0-16 in Maldives.
The median across all reporting countries is 9.5 0-16, and the mean is 9.44 0-16.
The gap between the highest and lowest reporting country is a factor of about 8.
Resolving insolvency: Strength of insolvency framework index: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Serbia | 15.5 0-16 | 2019 | up 24.0% | rising |
| 2 | Bosnia and Herzegovina | 15 0-16 | 2019 | unchanged | flat |
| 2 | Germany | 15 0-16 | 2019 | unchanged | flat |
| 2 | North Macedonia | 15 0-16 | 2019 | up 7.1% | rising |
| 2 | Puerto Rico | 15 0-16 | 2019 | unchanged | flat |
| 2 | Rwanda | 15 0-16 | 2019 | up 50.0% | rising |
| 2 | United States | 15 0-16 | 2019 | unchanged | flat |
| 8 | Finland | 14.5 0-16 | 2019 | unchanged | flat |
| 8 | Kazakhstan | 14.5 0-16 | 2019 | up 52.6% | rising |
| 8 | Kenya | 14.5 0-16 | 2019 | up 190.0% | rising |
| 8 | Portugal | 14.5 0-16 | 2019 | unchanged | rising |
| 12 | Albania | 14 0-16 | 2019 | unchanged | flat |
| 12 | Czechia | 14 0-16 | 2019 | up 7.7% | rising |
| 12 | Philippines | 14 0-16 | 2019 | up 33.3% | rising |
| 12 | Poland | 14 0-16 | 2019 | up 12.0% | rising |
| 16 | Azerbaijan | 13.5 0-16 | 2019 | up 107.7% | rising |
| 16 | China | 13.5 0-16 | 2019 | up 17.4% | volatile |
| 16 | Djibouti | 13.5 0-16 | 2019 | up 92.9% | rising |
| 16 | Italy | 13.5 0-16 | 2019 | up 12.5% | rising |
| 16 | Kosovo | 13.5 0-16 | 2019 | — | volatile |
| 16 | Kosovo (UNSCR 1244) | 13.5 0-16 | 2019 | — | volatile |
| 22 | Brazil | 13 0-16 | 2019 | unchanged | rising |
| 22 | Estonia | 13 0-16 | 2019 | unchanged | rising |
| 22 | Japan | 13 0-16 | 2019 | unchanged | flat |
| 22 | Cambodia | 13 0-16 | 2019 | unchanged | volatile |
| 22 | Romania | 13 0-16 | 2019 | unchanged | flat |
| 22 | Slovakia | 13 0-16 | 2019 | unchanged | rising |
| 28 | Israel | 12.5 0-16 | 2019 | up 56.2% | rising |
| 28 | Montenegro | 12.5 0-16 | 2019 | up 8.7% | rising |
| 28 | Thailand | 12.5 0-16 | 2019 | up 8.7% | rising |
| 31 | Afghanistan | 12 0-16 | 2019 | up 300.0% | volatile |
| 31 | Bulgaria | 12 0-16 | 2019 | up 9.1% | rising |
| 31 | Switzerland | 12 0-16 | 2019 | up 9.1% | rising |
| 31 | Chile | 12 0-16 | 2019 | up 20.0% | rising |
| 31 | Denmark | 12 0-16 | 2019 | up 20.0% | rising |
| 31 | Spain | 12 0-16 | 2019 | unchanged | rising |
| 31 | Croatia | 12 0-16 | 2019 | unchanged | flat |
| 31 | South Korea | 12 0-16 | 2019 | unchanged | flat |
| 31 | Latvia | 12 0-16 | 2019 | up 41.2% | rising |
| 31 | Morocco | 12 0-16 | 2019 | up 100.0% | rising |
| 31 | Moldova | 12 0-16 | 2019 | unchanged | flat |
| 31 | Mauritius | 12 0-16 | 2019 | up 14.3% | rising |
| 31 | Sweden | 12 0-16 | 2019 | unchanged | flat |
| 44 | Belgium | 11.5 0-16 | 2019 | up 21.1% | rising |
| 44 | Bahrain | 11.5 0-16 | 2019 | up 64.3% | rising |
| 44 | Micronesia (country) | 11.5 0-16 | 2019 | unchanged | rising |
| 44 | Greece | 11.5 0-16 | 2019 | up 15.0% | rising |
| 44 | Iceland | 11.5 0-16 | 2019 | up 4.5% | rising |
| 44 | Mexico | 11.5 0-16 | 2019 | up 35.3% | rising |
| 44 | Netherlands | 11.5 0-16 | 2019 | unchanged | flat |
| 44 | Norway | 11.5 0-16 | 2019 | unchanged | flat |
| 44 | Pakistan | 11.5 0-16 | 2019 | up 64.3% | rising |
| 44 | Russia | 11.5 0-16 | 2019 | unchanged | flat |
| 44 | Slovenia | 11.5 0-16 | 2019 | unchanged | flat |
| 44 | South Africa | 11.5 0-16 | 2019 | up 35.3% | rising |
| 56 | United Arab Emirates | 11 0-16 | 2019 | up 37.5% | rising |
| 56 | Australia | 11 0-16 | 2019 | up 10.0% | rising |
| 56 | Austria | 11 0-16 | 2019 | unchanged | flat |
| 56 | Barbados | 11 0-16 | 2019 | unchanged | flat |
| 56 | Canada | 11 0-16 | 2019 | up 10.0% | rising |
| 56 | Colombia | 11 0-16 | 2019 | up 10.0% | flat |
| 56 | France | 11 0-16 | 2019 | up 4.8% | rising |
| 56 | United Kingdom | 11 0-16 | 2019 | unchanged | flat |
| 56 | Georgia | 11 0-16 | 2019 | up 83.3% | falling |
| 56 | Jamaica | 11 0-16 | 2019 | up 83.3% | rising |
| 56 | Trinidad and Tobago | 11 0-16 | 2019 | up 83.3% | rising |
| 67 | Brunei | 10.5 0-16 | 2019 | up 162.5% | rising |
| 67 | Cyprus | 10.5 0-16 | 2019 | up 162.5% | volatile |
| 67 | Dominican Republic | 10.5 0-16 | 2019 | up 75.0% | rising |
| 67 | Indonesia | 10.5 0-16 | 2019 | unchanged | rising |
| 67 | Ireland | 10.5 0-16 | 2019 | unchanged | flat |
| 67 | Turkey | 10.5 0-16 | 2019 | up 31.2% | rising |
| 67 | Taiwan | 10.5 0-16 | 2019 | unchanged | flat |
| 74 | Belarus | 10 0-16 | 2019 | unchanged | flat |
| 74 | Hungary | 10 0-16 | 2019 | unchanged | flat |
| 74 | Liberia | 10 0-16 | 2019 | up 900.0% | volatile |
| 74 | Mozambique | 10 0-16 | 2019 | up 66.7% | volatile |
| 74 | Seychelles | 10 0-16 | 2019 | up 100.0% | rising |
| 79 | Argentina | 9.5 0-16 | 2019 | unchanged | flat |
| 79 | Egypt | 9.5 0-16 | 2019 | up 18.8% | rising |
| 79 | Peru | 9.5 0-16 | 2019 | unchanged | flat |
| 79 | Paraguay | 9.5 0-16 | 2019 | unchanged | flat |
| 79 | Suriname | 9.5 0-16 | 2019 | unchanged | flat |
| 79 | Uruguay | 9.5 0-16 | 2019 | unchanged | rising |
| 85 | Benin | 9 0-16 | 2019 | unchanged | flat |
| 85 | Burkina Faso | 9 0-16 | 2019 | unchanged | flat |
| 85 | Central African Republic | 9 0-16 | 2019 | unchanged | flat |
| 85 | Cote d'Ivoire | 9 0-16 | 2019 | unchanged | flat |
| 85 | Cameroon | 9 0-16 | 2019 | unchanged | flat |
| 85 | Congo | 9 0-16 | 2019 | unchanged | flat |
| 85 | Gabon | 9 0-16 | 2019 | unchanged | flat |
| 85 | Guinea | 9 0-16 | 2019 | unchanged | flat |
| 85 | Kyrgyzstan | 9 0-16 | 2019 | up 50.0% | rising |
| 85 | Madagascar | 9 0-16 | 2019 | unchanged | rising |
| 85 | Mali | 9 0-16 | 2019 | unchanged | flat |
| 85 | Niger | 9 0-16 | 2019 | unchanged | flat |
| 85 | Senegal | 9 0-16 | 2019 | unchanged | flat |
| 85 | El Salvador | 9 0-16 | 2019 | unchanged | flat |
| 85 | Chad | 9 0-16 | 2019 | unchanged | flat |
| 85 | Togo | 9 0-16 | 2019 | unchanged | flat |
| 85 | Tanzania | 9 0-16 | 2019 | up 28.6% | rising |
| 102 | Burundi | 8.5 0-16 | 2019 | unchanged | rising |
| 102 | Malawi | 8.5 0-16 | 2019 | up 70.0% | rising |
| 102 | New Zealand | 8.5 0-16 | 2019 | unchanged | rising |
| 102 | Singapore | 8.5 0-16 | 2019 | unchanged | flat |
| 102 | Tunisia | 8.5 0-16 | 2019 | unchanged | flat |
| 102 | Ukraine | 8.5 0-16 | 2019 | up 30.8% | rising |
| 102 | Vietnam | 8.5 0-16 | 2019 | up 13.3% | rising |
| 109 | Jordan | 8 0-16 | 2019 | up 60.0% | rising |
| 109 | Lithuania | 8 0-16 | 2019 | unchanged | flat |
| 109 | Nepal | 8 0-16 | 2019 | unchanged | rising |
| 109 | Panama | 8 0-16 | 2019 | up 60.0% | rising |
| 109 | Uzbekistan | 8 0-16 | 2019 | unchanged | rising |
| 114 | Armenia | 7.5 0-16 | 2019 | unchanged | rising |
| 114 | India | 7.5 0-16 | 2019 | up 25.0% | rising |
| 114 | Malaysia | 7.5 0-16 | 2019 | up 25.0% | rising |
| 114 | Samoa | 7.5 0-16 | 2019 | unchanged | rising |
| 114 | Zimbabwe | 7.5 0-16 | 2019 | up 50.0% | rising |
| 119 | Algeria | 7 0-16 | 2019 | unchanged | flat |
| 119 | Gambia | 7 0-16 | 2019 | unchanged | flat |
| 119 | Honduras | 7 0-16 | 2019 | unchanged | flat |
| 119 | Kuwait | 7 0-16 | 2019 | unchanged | flat |
| 119 | Sri Lanka | 7 0-16 | 2019 | unchanged | rising |
| 119 | Lesotho | 7 0-16 | 2019 | up 133.3% | rising |
| 119 | Luxembourg | 7 0-16 | 2019 | unchanged | flat |
| 119 | Nicaragua | 7 0-16 | 2019 | unchanged | flat |
| 119 | Oman | 7 0-16 | 2019 | unchanged | flat |
| 119 | Qatar | 7 0-16 | 2019 | unchanged | volatile |
| 119 | Uganda | 7 0-16 | 2019 | up 75.0% | rising |
| 119 | Zambia | 7 0-16 | 2019 | up 40.0% | rising |
| 131 | Bolivia | 6.5 0-16 | 2019 | unchanged | flat |
| 131 | Mongolia | 6.5 0-16 | 2019 | unchanged | flat |
| 133 | Bahamas | 6 0-16 | 2019 | up 50.0% | rising |
| 133 | Costa Rica | 6 0-16 | 2019 | unchanged | flat |
| 133 | Dominica | 6 0-16 | 2019 | unchanged | flat |
| 133 | Fiji | 6 0-16 | 2019 | unchanged | flat |
| 133 | Hong Kong | 6 0-16 | 2019 | unchanged | flat |
| 133 | Namibia | 6 0-16 | 2019 | unchanged | flat |
| 133 | Papua New Guinea | 6 0-16 | 2019 | unchanged | flat |
| 133 | Solomon Islands | 6 0-16 | 2019 | up 50.0% | rising |
| 133 | Sierra Leone | 6 0-16 | 2019 | unchanged | rising |
| 133 | Eswatini | 6 0-16 | 2019 | up 50.0% | rising |
| 133 | Tonga | 6 0-16 | 2019 | unchanged | flat |
| 133 | Vanuatu | 6 0-16 | 2019 | up 20.0% | rising |
| 145 | Malta | 5.5 0-16 | 2019 | unchanged | flat |
| 146 | Antigua and Barbuda | 5 0-16 | 2019 | unchanged | flat |
| 146 | Belize | 5 0-16 | 2019 | unchanged | flat |
| 146 | Ecuador | 5 0-16 | 2019 | up 11.1% | rising |
| 146 | Ethiopia | 5 0-16 | 2019 | unchanged | flat |
| 146 | Iran | 5 0-16 | 2019 | unchanged | flat |
| 146 | Nigeria | 5 0-16 | 2019 | unchanged | flat |
| 146 | Syria | 5 0-16 | 2019 | unchanged | flat |
| 146 | Venezuela | 5 0-16 | 2019 | unchanged | flat |
| 146 | Yemen | 5 0-16 | 2019 | unchanged | flat |
| 155 | San Marino | 4.5 0-16 | 2019 | unchanged | rising |
| 156 | Bangladesh | 4 0-16 | 2019 | unchanged | flat |
| 156 | Botswana | 4 0-16 | 2019 | unchanged | flat |
| 156 | Ghana | 4 0-16 | 2019 | unchanged | flat |
| 156 | Guatemala | 4 0-16 | 2019 | unchanged | flat |
| 156 | Guyana | 4 0-16 | 2019 | unchanged | flat |
| 156 | Lebanon | 4 0-16 | 2019 | unchanged | flat |
| 156 | Saint Lucia | 4 0-16 | 2019 | unchanged | flat |
| 156 | Myanmar | 4 0-16 | 2019 | unchanged | flat |
| 156 | Sudan | 4 0-16 | 2019 | up 33.3% | rising |
| 156 | Tajikistan | 4 0-16 | 2019 | unchanged | flat |
| 166 | Maldives | 2 0-16 | 2019 | unchanged | flat |
About this data
The strength of insolvency framework index measures the legal framework applicable to judicial liquidation and reorganization proceedings and the extent to which best insolvency practices have been implemented in each economy covered by the Doing Business. This index ranges has four components, the commencement of proceedings index, management of debtor’s assets index, reorganization proceedings index and creditor participation index.