Statizoid

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...

Countries reporting
187
Highest
15.5 0-16
Serbia
Lowest
0 0-16
Saint Vincent and the Grenadines
Median
9 0-16
Years covered
17
2003–2019
Data points
3,230

What the numbers show

Resolving insolvency: Strength of insolvency framework index (0-16) is currently reported for 187 countries. The highest value is 15.5 0-16 in Serbia; the lowest is 0 0-16 in Saint Vincent and the Grenadines.

The median across all reporting countries is 9 0-16, and the mean is 8.13 0-16.

Resolving insolvency: Strength of insolvency framework index: full country ranking

#Country LatestYear 10-year changeTrend
1 Serbia 15.5 0-16 2019 up 24.0% rising
1 Djibouti 13.5 0-16 2019 up 92.9% 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 Italy 13.5 0-16 2019 up 12.5% rising
19 Brazil 13 0-16 2019 unchanged rising
19 Estonia 13 0-16 2019 unchanged rising
19 Japan 13 0-16 2019 unchanged flat
19 Cambodia 13 0-16 2019 unchanged volatile
19 Romania 13 0-16 2019 unchanged flat
19 Slovakia 13 0-16 2019 unchanged rising
25 Israel 12.5 0-16 2019 up 56.2% rising
25 Montenegro 12.5 0-16 2019 up 8.7% rising
25 Thailand 12.5 0-16 2019 up 8.7% rising
28 Afghanistan 12 0-16 2019 up 300.0% volatile
28 Bulgaria 12 0-16 2019 up 9.1% rising
28 Switzerland 12 0-16 2019 up 9.1% rising
28 Chile 12 0-16 2019 up 20.0% rising
28 Denmark 12 0-16 2019 up 20.0% rising
28 Spain 12 0-16 2019 unchanged rising
28 Croatia 12 0-16 2019 unchanged flat
28 South Korea 12 0-16 2019 unchanged flat
28 Latvia 12 0-16 2019 up 41.2% rising
28 Morocco 12 0-16 2019 up 100.0% rising
28 Moldova 12 0-16 2019 unchanged flat
28 Mauritius 12 0-16 2019 up 14.3% rising
28 Sweden 12 0-16 2019 unchanged flat
41 Belgium 11.5 0-16 2019 up 21.1% rising
41 Bahrain 11.5 0-16 2019 up 64.3% rising
41 Micronesia (country) 11.5 0-16 2019 unchanged rising
41 Greece 11.5 0-16 2019 up 15.0% rising
41 Iceland 11.5 0-16 2019 up 4.5% rising
41 Mexico 11.5 0-16 2019 up 35.3% rising
41 Netherlands 11.5 0-16 2019 unchanged flat
41 Norway 11.5 0-16 2019 unchanged flat
41 Pakistan 11.5 0-16 2019 up 64.3% rising
41 Russia 11.5 0-16 2019 unchanged flat
41 Slovenia 11.5 0-16 2019 unchanged flat
53 United Arab Emirates 11 0-16 2019 up 37.5% rising
53 Australia 11 0-16 2019 up 10.0% rising
53 Austria 11 0-16 2019 unchanged flat
53 Barbados 11 0-16 2019 unchanged flat
53 Canada 11 0-16 2019 up 10.0% rising
53 Colombia 11 0-16 2019 up 10.0% flat
53 France 11 0-16 2019 up 4.8% rising
53 United Kingdom 11 0-16 2019 unchanged flat
53 Georgia 11 0-16 2019 up 83.3% falling
53 Jamaica 11 0-16 2019 up 83.3% rising
53 Trinidad and Tobago 11 0-16 2019 up 83.3% rising
64 Brunei 10.5 0-16 2019 up 162.5% rising
64 Cyprus 10.5 0-16 2019 up 162.5% volatile
64 Dominican Republic 10.5 0-16 2019 up 75.0% rising
64 Indonesia 10.5 0-16 2019 unchanged rising
64 Ireland 10.5 0-16 2019 unchanged flat
64 Turkey 10.5 0-16 2019 up 31.2% rising
64 Taiwan 10.5 0-16 2019 unchanged flat
71 Belarus 10 0-16 2019 unchanged flat
71 Hungary 10 0-16 2019 unchanged flat
71 Liberia 10 0-16 2019 up 900.0% volatile
71 Mozambique 10 0-16 2019 up 66.7% volatile
71 Seychelles 10 0-16 2019 up 100.0% rising
76 Argentina 9.5 0-16 2019 unchanged flat
76 Egypt 9.5 0-16 2019 up 18.8% rising
76 Peru 9.5 0-16 2019 unchanged flat
76 Paraguay 9.5 0-16 2019 unchanged flat
76 Suriname 9.5 0-16 2019 unchanged flat
76 Uruguay 9.5 0-16 2019 unchanged rising
82 Benin 9 0-16 2019 unchanged flat
82 Burkina Faso 9 0-16 2019 unchanged flat
82 Cote d'Ivoire 9 0-16 2019 unchanged flat
82 Cameroon 9 0-16 2019 unchanged flat
82 Congo 9 0-16 2019 unchanged flat
82 Gabon 9 0-16 2019 unchanged flat
82 Guinea 9 0-16 2019 unchanged flat
82 Kyrgyzstan 9 0-16 2019 up 50.0% rising
82 Madagascar 9 0-16 2019 unchanged rising
82 Mali 9 0-16 2019 unchanged flat
82 Niger 9 0-16 2019 unchanged flat
82 Senegal 9 0-16 2019 unchanged flat
82 El Salvador 9 0-16 2019 unchanged flat
82 Chad 9 0-16 2019 unchanged flat
82 Togo 9 0-16 2019 unchanged flat
82 Tanzania 9 0-16 2019 up 28.6% rising
99 Burundi 8.5 0-16 2019 unchanged rising
99 Malawi 8.5 0-16 2019 up 70.0% rising
99 New Zealand 8.5 0-16 2019 unchanged rising
99 Singapore 8.5 0-16 2019 unchanged flat
99 Tunisia 8.5 0-16 2019 unchanged flat
99 Ukraine 8.5 0-16 2019 up 30.8% rising
99 Vietnam 8.5 0-16 2019 up 13.3% rising
106 Jordan 8 0-16 2019 up 60.0% rising
106 Lithuania 8 0-16 2019 unchanged flat
106 Nepal 8 0-16 2019 unchanged rising
106 Panama 8 0-16 2019 up 60.0% rising
106 Uzbekistan 8 0-16 2019 unchanged rising
111 Armenia 7.5 0-16 2019 unchanged rising
111 India 7.5 0-16 2019 up 25.0% rising
111 Malaysia 7.5 0-16 2019 up 25.0% rising
111 Samoa 7.5 0-16 2019 unchanged rising
111 Zimbabwe 7.5 0-16 2019 up 50.0% rising
116 Algeria 7 0-16 2019 unchanged flat
116 Gambia 7 0-16 2019 unchanged flat
116 Honduras 7 0-16 2019 unchanged flat
116 Kuwait 7 0-16 2019 unchanged flat
116 Sri Lanka 7 0-16 2019 unchanged rising
116 Lesotho 7 0-16 2019 up 133.3% rising
116 Luxembourg 7 0-16 2019 unchanged flat
116 Nicaragua 7 0-16 2019 unchanged flat
116 Oman 7 0-16 2019 unchanged flat
116 Qatar 7 0-16 2019 unchanged volatile
116 Uganda 7 0-16 2019 up 75.0% rising
116 Zambia 7 0-16 2019 up 40.0% rising
128 Bolivia 6.5 0-16 2019 unchanged flat
128 Mongolia 6.5 0-16 2019 unchanged flat
130 Bahamas 6 0-16 2019 up 50.0% rising
130 Costa Rica 6 0-16 2019 unchanged flat
130 Dominica 6 0-16 2019 unchanged flat
130 Fiji 6 0-16 2019 unchanged flat
130 Hong Kong 6 0-16 2019 unchanged flat
130 Namibia 6 0-16 2019 unchanged flat
130 Papua New Guinea 6 0-16 2019 unchanged flat
130 Solomon Islands 6 0-16 2019 up 50.0% rising
130 Sierra Leone 6 0-16 2019 unchanged rising
130 Eswatini 6 0-16 2019 up 50.0% rising
130 Tonga 6 0-16 2019 unchanged flat
130 Vanuatu 6 0-16 2019 up 20.0% rising
142 Malta 5.5 0-16 2019 unchanged flat
143 Antigua and Barbuda 5 0-16 2019 unchanged flat
143 Belize 5 0-16 2019 unchanged flat
143 Ecuador 5 0-16 2019 up 11.1% rising
143 Ethiopia 5 0-16 2019 unchanged flat
143 Iran 5 0-16 2019 unchanged flat
143 Nigeria 5 0-16 2019 unchanged flat
143 Syria 5 0-16 2019 unchanged flat
143 Venezuela 5 0-16 2019 unchanged flat
143 Yemen 5 0-16 2019 unchanged flat
152 San Marino 4.5 0-16 2019 unchanged rising
153 Bangladesh 4 0-16 2019 unchanged flat
153 Botswana 4 0-16 2019 unchanged flat
153 Ghana 4 0-16 2019 unchanged flat
153 Guatemala 4 0-16 2019 unchanged flat
153 Guyana 4 0-16 2019 unchanged flat
153 Lebanon 4 0-16 2019 unchanged flat
153 Saint Lucia 4 0-16 2019 unchanged flat
153 Myanmar 4 0-16 2019 unchanged flat
153 Sudan 4 0-16 2019 up 33.3% rising
153 Tajikistan 4 0-16 2019 unchanged flat
163 Maldives 2 0-16 2019 unchanged flat
164 Angola 0 0-16 2019 — flat
164 Bhutan 0 0-16 2019 — flat
164 Democratic Republic of Congo 0 0-16 2019 — flat
164 Comoros 0 0-16 2019 — flat
164 Cape Verde 0 0-16 2019 — flat
164 Eritrea 0 0-16 2019 — flat
164 Guinea-Bissau 0 0-16 2019 — flat
164 Equatorial Guinea 0 0-16 2019 — flat
164 Grenada 0 0-16 2019 — flat
164 Haiti 0 0-16 2019 — flat
164 Iraq 0 0-16 2019 — flat
164 Kiribati 0 0-16 2019 — flat
164 Saint Kitts and Nevis 0 0-16 2019 — flat
164 Laos 0 0-16 2019 — flat
164 Libya 0 0-16 2019 — flat
164 Marshall Islands 0 0-16 2019 — flat
164 Mauritania 0 0-16 2019 — flat
164 Palau 0 0-16 2019 — flat
164 Palestine 0 0-16 2019 — flat
164 Saudi Arabia 0 0-16 2019 — flat
164 Somalia 0 0-16 2019 — flat
164 South Sudan 0 0-16 2019 — flat
164 Sao Tome and Principe 0 0-16 2019 — flat
164 East Timor 0 0-16 2019 — flat
164 Saint Vincent and the Grenadines 0 0-16 2019 — flat

Regions and income groups

Aggregates are excluded from the country ranking above so that a region can never outrank a country.

About this data

Indicator
Resolving insolvency: Strength of insolvency framework index (0-16)
Unit
0-16
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,230 data points, 2003–2019
Last refreshed

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.