Resolving insolvency: Strength of insolvency framework index in North Macedonia

North Macedonia: Resolving insolvency: Strength of insolvency framework index was 15 0-16 in 2019. ▲ Rising

Latest (2019)
15 0-16
Change on year
unchanged
World rank
2nd
of 190 countries
All-time high
15 0-16
in 2016
All-time low
12 0-16
in 2003
Years of data
17
2003–2019

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

0510152003201120192003: 12 0-162004: 12 0-162005: 12 0-162006: 12 0-162007: 14 0-162008: 14 0-162009: 14 0-162010: 14 0-162011: 14 0-162012: 14 0-162013: 14 0-162014: 14 0-162015: 14 0-162016: 15 0-162017: 15 0-162018: 15 0-162019: 15 0-16

Source: World Bank. Measured in 0-16.

Analysis

In 2019, resolving insolvency: strength of insolvency framework index in North Macedonia stood at 15 0-16. That is the highest value across all 17 years on record.

That represents a change of up 7.1% over ten years.

Over the whole period, resolving insolvency: strength of insolvency framework index in North Macedonia peaked at 15 0-16 in 2016 and was at its lowest, 12 0-16, in 2003.

North Macedonia ranks 2nd of 190 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 17 years of available data.

Resolving insolvency: Strength of insolvency framework index in North Macedonia, year by year

Annual values for Resolving insolvency: Strength of insolvency framework index (0-16) in North Macedonia, 2003 to 2019.
Year 0-16 Change
2003 12 0-16
2004 12 0-16 +0.0%
2005 12 0-16 +0.0%
2006 12 0-16 +0.0%
2007 14 0-16 +16.7%
2008 14 0-16 +0.0%
2009 14 0-16 +0.0%
2010 14 0-16 +0.0%
2011 14 0-16 +0.0%
2012 14 0-16 +0.0%
2013 14 0-16 +0.0%
2014 14 0-16 +0.0%
2015 14 0-16 +0.0%
2016 15 0-16 +7.1%
2017 15 0-16 +0.0%
2018 15 0-16 +0.0%
2019 15 0-16 +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.86 0-16 12 0-16 14 0-16 7
2010s 14.4 0-16 14 0-16 15 0-16 10

Countries ranked near North Macedonia

  1. 1 Serbia 15.5 0-16 compare
  2. 2 United States of America 15 0-16 compare
  3. 2 Bosnia and Herzegovina 15 0-16 compare
  4. 2 Germany 15 0-16 compare
  5. 2 Puerto Rico 15 0-16 compare
  6. 2 Rwanda 15 0-16 compare

See the full ranking of 190 places →

More reference data data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is resolving insolvency: strength of insolvency framework index in North Macedonia?
Resolving insolvency: strength of insolvency framework index in North Macedonia was 15 0-16 in 2019, according to the World Bank.
What is the highest resolving insolvency: strength of insolvency framework index recorded in North Macedonia?
The highest recorded value was 15 0-16 in 2016.
What is the lowest resolving insolvency: strength of insolvency framework index recorded in North Macedonia?
The lowest recorded value was 12 0-16 in 2003.
How does North Macedonia rank for resolving insolvency: strength of insolvency framework index?
North Macedonia ranks 2nd out of 190 countries with data for 2019.
Is resolving insolvency: strength of insolvency framework index rising or falling in North Macedonia?
Over the last ten years it is up 7.1%. The long-run trend across the full record is rising.
Where does this North Macedonia 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.

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Resolving insolvency: Strength of insolvency framework index in North Macedonia. Statizoid. Retrieved 23 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-strength-of-insolvency-framework-index-0-16/north-macedonia/

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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.