Resolving insolvency: Strength of insolvency framework index in Philippines
Philippines: Resolving insolvency: Strength of insolvency framework index was 14 0-16 in 2019. ▲ Rising
Resolving insolvency: Strength of insolvency framework index in Philippines, 2003–2019
Source: World Bank. Measured in 0-16.
Analysis
Philippines recorded 14 0-16 for resolving insolvency: strength of insolvency framework index in 2019. That is the highest value across all 17 years on record.
The figure is up 33.3% over ten years.
Over the whole period, resolving insolvency: strength of insolvency framework index in Philippines peaked at 14 0-16 in 2011 and was at its lowest, 10.5 0-16, in 2003.
That places Philippines 12th out of 191 countries with data for 2019, putting it 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 Philippines, year by year
| Year | 0-16 | Change |
|---|---|---|
| 2003 | 10.5 0-16 | — |
| 2004 | 10.5 0-16 | +0.0% |
| 2005 | 10.5 0-16 | +0.0% |
| 2006 | 10.5 0-16 | +0.0% |
| 2007 | 10.5 0-16 | +0.0% |
| 2008 | 10.5 0-16 | +0.0% |
| 2009 | 10.5 0-16 | +0.0% |
| 2010 | 10.5 0-16 | +0.0% |
| 2011 | 14 0-16 | +33.3% |
| 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 | 14 0-16 | +0.0% |
| 2017 | 14 0-16 | +0.0% |
| 2018 | 14 0-16 | +0.0% |
| 2019 | 14 0-16 | +0.0% |
Philippines compared with similar countries
- Philippines's 14 0-16 is above the median for upper middle income countries, which is 9.25 0-16, 1.5× the median. (56 countries reporting)
- Philippines's 14 0-16 is above the median for East Asia & Pacific, which is 7.5 0-16, 1.9× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.5 0-16 | 10.5 0-16 | 10.5 0-16 | 7 |
| 2010s | 13.65 0-16 | 10.5 0-16 | 14 0-16 | 10 |
Countries ranked near Philippines
More reference data data for Philippines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.95 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 12.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.43 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 12.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 7.4 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 10.7 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 67.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.76 (2050)
Frequently asked questions
- What is resolving insolvency: strength of insolvency framework index in Philippines?
- Resolving insolvency: strength of insolvency framework index in Philippines was 14 0-16 in 2019, according to the World Bank.
- What is the highest resolving insolvency: strength of insolvency framework index recorded in Philippines?
- The highest recorded value was 14 0-16 in 2011.
- What is the lowest resolving insolvency: strength of insolvency framework index recorded in Philippines?
- The lowest recorded value was 10.5 0-16 in 2003.
- How does Philippines rank for resolving insolvency: strength of insolvency framework index?
- Philippines ranks 12th out of 191 countries with data for 2019.
- Is resolving insolvency: strength of insolvency framework index rising or falling in Philippines?
- Over the last ten years it is up 33.3%. The long-run trend across the full record is rising.
- Where does this Philippines 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.