Resolving insolvency: Strength of insolvency framework index in Rwanda

Rwanda: 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 188 countries
All-time high
15 0-16
in 2018
All-time low
5 0-16
in 2003
Years of data
17
2003–2019

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

468101214162003201120192003: 5 0-162004: 5 0-162005: 5 0-162006: 5 0-162007: 5 0-162008: 5 0-162009: 10 0-162010: 10 0-162011: 10 0-162012: 10 0-162013: 10 0-162014: 10 0-162015: 12 0-162016: 12 0-162017: 12 0-162018: 15 0-162019: 15 0-16

Source: World Bank. Measured in 0-16.

Analysis

Rwanda recorded 15 0-16 for resolving insolvency: strength of insolvency framework index in 2019. That is the highest value across all 17 years on record.

That represents a change of up 50.0% over ten years.

Over the whole period, resolving insolvency: strength of insolvency framework index in Rwanda peaked at 15 0-16 in 2018 and was at its lowest, 5 0-16, in 2003.

That places Rwanda 2nd out of 188 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.71 0-16 5 0-16 10 0-16 7
2010s 11.6 0-16 10 0-16 15 0-16 10

Countries ranked near Rwanda

  1. 1 Djibouti 13.5 0-16 compare
  2. 1 Serbia 15.5 0-16 compare
  3. 2 United States 15 0-16 compare
  4. 2 Bosnia and Herzegovina 15 0-16 compare
  5. 2 Germany 15 0-16 compare
  6. 2 North Macedonia 15 0-16 compare
  7. 2 Puerto Rico 15 0-16 compare

See the full ranking of 190 places →

More reference data data for Rwanda

All data for Rwanda →

Frequently asked questions

What is resolving insolvency: strength of insolvency framework index in Rwanda?
Resolving insolvency: strength of insolvency framework index in Rwanda was 15 0-16 in 2019, according to the World Bank.
What is the highest resolving insolvency: strength of insolvency framework index recorded in Rwanda?
The highest recorded value was 15 0-16 in 2018.
What is the lowest resolving insolvency: strength of insolvency framework index recorded in Rwanda?
The lowest recorded value was 5 0-16 in 2003.
How does Rwanda rank for resolving insolvency: strength of insolvency framework index?
Rwanda ranks 2nd out of 188 countries with data for 2019.
Is resolving insolvency: strength of insolvency framework index rising or falling in Rwanda?
Over the last ten years it is up 50.0%. The long-run trend across the full record is rising.
Where does this Rwanda 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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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.