Resolving insolvency: Strength of insolvency framework index in Canada

Canada: Resolving insolvency: Strength of insolvency framework index was 11 0-16 in 2019. ▲ Rising

Latest (2019)
11 0-16
Change on year
unchanged
World rank
53rd
of 188 countries
All-time high
11 0-16
in 2010
All-time low
10 0-16
in 2003
Years of data
17
2003–2019

Resolving insolvency: Strength of insolvency framework index in Canada, 2003–2019

02.557.5102003201120192003: 10 0-162004: 10 0-162005: 10 0-162006: 10 0-162007: 10 0-162008: 10 0-162009: 10 0-162010: 11 0-162011: 11 0-162012: 11 0-162013: 11 0-162014: 11 0-162015: 11 0-162016: 11 0-162017: 11 0-162018: 11 0-162019: 11 0-16

Source: World Bank. Measured in 0-16.

Analysis

The most recent figure for resolving insolvency: strength of insolvency framework index in Canada is 11 0-16, measured in 2019. That is the highest value across all 17 years on record.

The figure is up 10.0% over ten years.

Over the whole period, resolving insolvency: strength of insolvency framework index in Canada peaked at 11 0-16 in 2010 and was at its lowest, 10 0-16, in 2003.

Canada ranks 53rd of 188 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 10 0-16 10 0-16 10 0-16 7
2010s 11 0-16 11 0-16 11 0-16 10

Countries ranked near Canada

  1. 53 Australia 11 0-16 compare
  2. 53 Austria 11 0-16 compare
  3. 53 Barbados 11 0-16 compare
  4. 53 Colombia 11 0-16 compare
  5. 53 France 11 0-16 compare
  6. 53 Georgia 11 0-16 compare
  7. 53 Jamaica 11 0-16 compare
  8. 53 Trinidad and Tobago 11 0-16 compare
  9. 53 United Arab Emirates 11 0-16 compare
  10. 53 United Kingdom 11 0-16 compare

See the full ranking of 190 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is resolving insolvency: strength of insolvency framework index in Canada?
Resolving insolvency: strength of insolvency framework index in Canada was 11 0-16 in 2019, according to the World Bank.
What is the highest resolving insolvency: strength of insolvency framework index recorded in Canada?
The highest recorded value was 11 0-16 in 2010.
What is the lowest resolving insolvency: strength of insolvency framework index recorded in Canada?
The lowest recorded value was 10 0-16 in 2003.
How does Canada rank for resolving insolvency: strength of insolvency framework index?
Canada ranks 53rd out of 188 countries with data for 2019.
Is resolving insolvency: strength of insolvency framework index rising or falling in Canada?
Over the last ten years it is up 10.0%. The long-run trend across the full record is rising.
Where does this Canada data come from?
The figures come from the World Bank, published as part of Resolving insolvency: Strength of insolvency framework index (0-16). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.