Resolving insolvency: Strength of insolvency framework index in Lesotho

Lesotho: Resolving insolvency: Strength of insolvency framework index was 7 0-16 in 2019. ▲ Rising

Latest (2019)
7 0-16
Change on year
unchanged
World rank
116th
of 188 countries
All-time high
7 0-16
in 2012
All-time low
3 0-16
in 2003
Years of data
17
2003–2019

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

024682003201120192003: 3 0-162004: 3 0-162005: 3 0-162006: 3 0-162007: 3 0-162008: 3 0-162009: 3 0-162010: 3 0-162011: 3 0-162012: 7 0-162013: 7 0-162014: 7 0-162015: 7 0-162016: 7 0-162017: 7 0-162018: 7 0-162019: 7 0-16

Source: World Bank. Measured in 0-16.

Analysis

The most recent figure for resolving insolvency: strength of insolvency framework index in Lesotho is 7 0-16, measured in 2019. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 133.3% over ten years.

Over the whole period, resolving insolvency: strength of insolvency framework index in Lesotho peaked at 7 0-16 in 2012 and was at its lowest, 3 0-16, in 2003.

That places Lesotho 116th out of 188 countries with data for 2019, putting it 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 3 0-16 3 0-16 3 0-16 7
2010s 6.2 0-16 3 0-16 7 0-16 10

Countries ranked near Lesotho

  1. 116 Algeria 7 0-16 compare
  2. 116 Gambia 7 0-16 compare
  3. 116 Honduras 7 0-16 compare
  4. 116 Kuwait 7 0-16 compare
  5. 116 Luxembourg 7 0-16 compare
  6. 116 Nicaragua 7 0-16 compare
  7. 116 Oman 7 0-16 compare
  8. 116 Qatar 7 0-16 compare
  9. 116 Sri Lanka 7 0-16 compare
  10. 116 Uganda 7 0-16 compare
  11. 116 Zambia 7 0-16 compare

See the full ranking of 190 places →

More reference data data for Lesotho

All data for Lesotho →

Frequently asked questions

What is resolving insolvency: strength of insolvency framework index in Lesotho?
Resolving insolvency: strength of insolvency framework index in Lesotho was 7 0-16 in 2019, according to the World Bank.
What is the highest resolving insolvency: strength of insolvency framework index recorded in Lesotho?
The highest recorded value was 7 0-16 in 2012.
What is the lowest resolving insolvency: strength of insolvency framework index recorded in Lesotho?
The lowest recorded value was 3 0-16 in 2003.
How does Lesotho rank for resolving insolvency: strength of insolvency framework index?
Lesotho ranks 116th out of 188 countries with data for 2019.
Is resolving insolvency: strength of insolvency framework index rising or falling in Lesotho?
Over the last ten years it is up 133.3%. The long-run trend across the full record is rising.
Where does this Lesotho 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.