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
Resolving insolvency: Strength of insolvency framework index in Cyprus, 2003–2019
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 67th out of 191 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.
Resolving insolvency: Strength of insolvency framework index in Cyprus, year by year
| Year | 0-16 | Change |
|---|---|---|
| 2003 | 4 0-16 | — |
| 2004 | 4 0-16 | +0.0% |
| 2005 | 4 0-16 | +0.0% |
| 2006 | 4 0-16 | +0.0% |
| 2007 | 4 0-16 | +0.0% |
| 2008 | 4 0-16 | +0.0% |
| 2009 | 4 0-16 | +0.0% |
| 2010 | 4 0-16 | +0.0% |
| 2011 | 4 0-16 | +0.0% |
| 2012 | 4 0-16 | +0.0% |
| 2013 | 4 0-16 | +0.0% |
| 2014 | 4 0-16 | +0.0% |
| 2015 | 10.5 0-16 | +162.5% |
| 2016 | 10.5 0-16 | +0.0% |
| 2017 | 10.5 0-16 | +0.0% |
| 2018 | 10.5 0-16 | +0.0% |
| 2019 | 10.5 0-16 | +0.0% |
Cyprus compared with similar countries
- Cyprus's 10.5 0-16 is below the median for high income countries, which is 11 0-16, 95% of the median. (62 countries reporting)
- Cyprus's 10.5 0-16 is below the median for Europe & Central Asia, which is 12 0-16, 88% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Cyprus
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.043 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0752 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1565 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0045 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1565 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1441 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1715 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3058 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7841 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0245 (2050)
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 67th out of 191 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
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.