Resolving insolvency: Strength of insolvency framework index in Cyprus

Cyprus: Resolving insolvency: Strength of insolvency framework index was 10.5 0-16 in 2019. ◆ Volatile

Latest (2019)
10.5 0-16
Change on year
unchanged
World rank
64th
of 188 countries
All-time high
10.5 0-16
in 2015
All-time low
4 0-16
in 2003
Years of data
17
2003–2019

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

02.557.5102003201120192003: 4 0-162004: 4 0-162005: 4 0-162006: 4 0-162007: 4 0-162008: 4 0-162009: 4 0-162010: 4 0-162011: 4 0-162012: 4 0-162013: 4 0-162014: 4 0-162015: 10.5 0-162016: 10.5 0-162017: 10.5 0-162018: 10.5 0-162019: 10.5 0-16

Source: World Bank. Measured in 0-16.

Analysis

In 2019, resolving insolvency: strength of insolvency framework index in Cyprus stood at 10.5 0-16. That is the highest value across all 17 years on record.

The figure is up 162.5% over ten years.

Over the whole period, resolving insolvency: strength of insolvency framework index in Cyprus peaked at 10.5 0-16 in 2015 and was at its lowest, 4 0-16, in 2003.

That places Cyprus 64th out of 188 countries with data for 2019, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4 0-16 4 0-16 4 0-16 7
2010s 7.25 0-16 4 0-16 10.5 0-16 10

Countries ranked near Cyprus

  1. 64 Indonesia 10.5 0-16 compare
  2. 64 Brunei 10.5 0-16 compare
  3. 64 Dominican Republic 10.5 0-16 compare
  4. 64 Ireland 10.5 0-16 compare
  5. 64 Taiwan 10.5 0-16 compare
  6. 64 Turkey 10.5 0-16 compare

See the full ranking of 190 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is resolving insolvency: strength of insolvency framework index in Cyprus?
Resolving insolvency: strength of insolvency framework index in Cyprus was 10.5 0-16 in 2019, according to the World Bank.
What is the highest resolving insolvency: strength of insolvency framework index recorded in Cyprus?
The highest recorded value was 10.5 0-16 in 2015.
What is the lowest resolving insolvency: strength of insolvency framework index recorded in Cyprus?
The lowest recorded value was 4 0-16 in 2003.
How does Cyprus rank for resolving insolvency: strength of insolvency framework index?
Cyprus ranks 64th out of 188 countries with data for 2019.
Is resolving insolvency: strength of insolvency framework index rising or falling in Cyprus?
Over the last ten years it is up 162.5%. The long-run trend across the full record is volatile.
Where does this Cyprus 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.