Statizoid

Resolving insolvency: Time (years) by country

Countries reporting
168
Highest
6 years
Cambodia
Lowest
0.4 years
Ireland
Median
2.2 years
Years covered
17
2003–2019
Data points
2,747

What the numbers show

Resolving insolvency: Time (years) is currently reported for 168 countries. The highest value is 6 years in Cambodia; the lowest is 0.4 years in Ireland.

The median across all reporting countries is 2.2 years, and the mean is 2.47 years.

The gap between the highest and lowest reporting country is a factor of about 15.

Over the past decade 5 countries rose and 31 fell. The largest increase was in Morocco (up 94.4%), and the largest decrease in Belarus (down 74.1%).

Resolving insolvency: Time: full country ranking

#Country LatestYear 10-year changeTrend
1 Cambodia 6 years 2019 unchanged flat
2 Ecuador 5.3 years 2019 unchanged flat
2 Micronesia (country) 5.3 years 2019 unchanged flat
4 Burundi 5 years 2019 unchanged flat
4 Gabon 5 years 2019 unchanged flat
4 Myanmar 5 years 2019 unchanged flat
4 Niger 5 years 2019 unchanged flat
4 Suriname 5 years 2019 unchanged flat
4 Turkey 5 years 2019 up 51.5% rising
4 Vietnam 5 years 2019 unchanged flat
11 Central African Republic 4.8 years 2019 unchanged flat
12 Kenya 4.5 years 2019 unchanged flat
13 Kuwait 4.2 years 2019 unchanged flat
14 Syria 4.1 years 2019 unchanged flat
15 Benin 4 years 2019 unchanged flat
15 Burkina Faso 4 years 2019 unchanged flat
15 Bangladesh 4 years 2019 unchanged flat
15 Brazil 4 years 2019 unchanged falling
15 Dominica 4 years 2019 unchanged flat
15 Mongolia 4 years 2019 unchanged flat
15 Slovakia 4 years 2019 unchanged falling
15 Chad 4 years 2019 unchanged flat
15 Venezuela 4 years 2019 unchanged flat
24 Paraguay 3.9 years 2019 unchanged flat
25 Guinea 3.8 years 2019 unchanged flat
25 Honduras 3.8 years 2019 unchanged flat
27 Mali 3.6 years 2019 unchanged flat
28 Dominican Republic 3.5 years 2019 unchanged flat
28 Greece 3.5 years 2019 up 75.0% rising
28 Morocco 3.5 years 2019 up 94.4% rising
28 El Salvador 3.5 years 2019 down 12.5% falling
32 Bulgaria 3.3 years 2019 unchanged flat
32 Bosnia and Herzegovina 3.3 years 2019 unchanged flat
32 Congo 3.3 years 2019 unchanged flat
32 Romania 3.3 years 2019 unchanged falling
32 Zimbabwe 3.3 years 2019 unchanged flat
37 United Arab Emirates 3.2 years 2019 unchanged flat
38 Croatia 3.1 years 2019 unchanged flat
38 Peru 3.1 years 2019 unchanged flat
40 Antigua and Barbuda 3 years 2019 unchanged flat
40 Bahamas 3 years 2019 unchanged flat
40 Switzerland 3 years 2019 unchanged flat
40 Costa Rica 3 years 2019 down 14.3% falling
40 Estonia 3 years 2019 unchanged flat
40 Ethiopia 3 years 2019 unchanged flat
40 Guatemala 3 years 2019 unchanged flat
40 Guyana 3 years 2019 unchanged flat
40 Jordan 3 years 2019 unchanged flat
40 Lebanon 3 years 2019 unchanged flat
40 Liberia 3 years 2019 unchanged flat
40 Madagascar 3 years 2019 unchanged flat
40 Malta 3 years 2019 unchanged flat
40 Oman 3 years 2019 unchanged flat
40 Papua New Guinea 3 years 2019 unchanged flat
40 Poland 3 years 2019 unchanged flat
40 Portugal 3 years 2019 up 50.0% rising
40 Senegal 3 years 2019 unchanged flat
40 Togo 3 years 2019 unchanged flat
40 Tanzania 3 years 2019 unchanged flat
40 Yemen 3 years 2019 unchanged flat
61 Ukraine 2.9 years 2019 unchanged flat
62 Cameroon 2.8 years 2019 down 12.5% falling
62 Moldova 2.8 years 2019 unchanged flat
62 Qatar 2.8 years 2019 unchanged flat
65 Philippines 2.7 years 2019 down 52.6% falling
65 Tonga 2.7 years 2019 unchanged flat
67 Lesotho 2.6 years 2019 unchanged flat
67 Malawi 2.6 years 2019 unchanged flat
67 Pakistan 2.6 years 2019 down 7.1% falling
67 Vanuatu 2.6 years 2019 unchanged flat
71 Bahrain 2.5 years 2019 unchanged flat
71 Brunei 2.5 years 2019 unchanged flat
71 Egypt 2.5 years 2019 down 40.5% falling
71 Namibia 2.5 years 2019 unchanged flat
71 Panama 2.5 years 2019 unchanged flat
71 Puerto Rico 2.5 years 2019 unchanged falling
71 Rwanda 2.5 years 2019 down 16.7% falling
71 Trinidad and Tobago 2.5 years 2019 unchanged flat
79 Argentina 2.4 years 2019 unchanged flat
80 Lithuania 2.3 years 2019 up 53.3% rising
80 Sierra Leone 2.3 years 2019 down 11.5% falling
80 San Marino 2.3 years 2019 unchanged flat
83 Cote d'Ivoire 2.2 years 2019 unchanged flat
83 Nicaragua 2.2 years 2019 unchanged flat
83 Uganda 2.2 years 2019 unchanged flat
86 Czechia 2.1 years 2019 down 67.7% volatile
87 Afghanistan 2 years 2019 unchanged flat
87 Albania 2 years 2019 unchanged flat
87 Belize 2 years 2019 unchanged flat
87 Chile 2 years 2019 down 37.5% falling
87 Georgia 2 years 2019 down 39.4% falling
87 Gambia 2 years 2019 unchanged flat
87 Hungary 2 years 2019 unchanged flat
87 Israel 2 years 2019 down 33.3% falling
87 Saint Lucia 2 years 2019 unchanged flat
87 Luxembourg 2 years 2019 unchanged flat
87 Marshall Islands 2 years 2019 unchanged flat
87 Nigeria 2 years 2019 unchanged flat
87 Nepal 2 years 2019 unchanged flat
87 Palau 2 years 2019 unchanged rising
87 Russia 2 years 2019 unchanged flat
87 Sudan 2 years 2019 unchanged flat
87 Serbia 2 years 2019 down 25.9% falling
87 Sweden 2 years 2019 unchanged flat
87 Eswatini 2 years 2019 unchanged flat
87 Seychelles 2 years 2019 unchanged flat
87 Uzbekistan 2 years 2019 down 50.0% falling
87 Samoa 2 years 2019 unchanged flat
87 Kosovo 2 years 2019 unchanged flat
87 South Africa 2 years 2019 unchanged flat
87 Kosovo (UNSCR 1244) 2 years 2019 unchanged flat
112 Armenia 1.9 years 2019 unchanged flat
112 France 1.9 years 2019 unchanged flat
112 Ghana 1.9 years 2019 unchanged flat
112 Taiwan 1.9 years 2019 unchanged flat
116 Bolivia 1.8 years 2019 unchanged flat
116 Barbados 1.8 years 2019 unchanged flat
116 Fiji 1.8 years 2019 unchanged flat
116 Italy 1.8 years 2019 unchanged flat
116 Mexico 1.8 years 2019 unchanged flat
116 Uruguay 1.8 years 2019 down 14.3% falling
122 Botswana 1.7 years 2019 unchanged falling
122 China 1.7 years 2019 unchanged falling
122 Colombia 1.7 years 2019 down 43.3% falling
122 Sri Lanka 1.7 years 2019 unchanged flat
122 Mauritius 1.7 years 2019 unchanged flat
122 Tajikistan 1.7 years 2019 unchanged flat
128 India 1.6 years 2019 down 62.8% falling
129 Azerbaijan 1.5 years 2019 unchanged flat
129 Belarus 1.5 years 2019 down 74.1% falling
129 Cyprus 1.5 years 2019 unchanged flat
129 Djibouti 1.5 years 2019 down 34.8% falling
129 Spain 1.5 years 2019 unchanged flat
129 Iran 1.5 years 2019 unchanged flat
129 Kazakhstan 1.5 years 2019 unchanged flat
129 Kyrgyzstan 1.5 years 2019 unchanged flat
129 South Korea 1.5 years 2019 unchanged flat
129 Latvia 1.5 years 2019 down 50.0% falling
129 Maldives 1.5 years 2019 unchanged flat
129 North Macedonia 1.5 years 2019 down 25.0% falling
129 Mozambique 1.5 years 2019 down 34.8% falling
129 Thailand 1.5 years 2019 down 44.4% falling
143 Montenegro 1.4 years 2019 down 30.0% falling
144 Algeria 1.3 years 2019 unchanged flat
144 New Zealand 1.3 years 2019 unchanged flat
144 Tunisia 1.3 years 2019 unchanged flat
147 Germany 1.2 years 2019 unchanged flat
148 Austria 1.1 years 2019 unchanged flat
148 Indonesia 1.1 years 2019 down 45.0% volatile
148 Jamaica 1.1 years 2019 unchanged flat
148 Netherlands 1.1 years 2019 unchanged flat
152 Australia 1 years 2019 unchanged flat
152 Denmark 1 years 2019 down 9.1% volatile
152 United Kingdom 1 years 2019 unchanged flat
152 Iceland 1 years 2019 unchanged flat
152 Malaysia 1 years 2019 down 56.5% falling
152 Solomon Islands 1 years 2019 unchanged flat
152 United States 1 years 2019 down 33.3% falling
152 Zambia 1 years 2019 down 63.0% falling
160 Belgium 0.9 years 2019 unchanged flat
160 Finland 0.9 years 2019 unchanged flat
160 Norway 0.9 years 2019 unchanged flat
163 Canada 0.8 years 2019 unchanged flat
163 Hong Kong 0.8 years 2019 down 27.3% falling
163 Singapore 0.8 years 2019 unchanged flat
163 Slovenia 0.8 years 2019 down 60.0% falling
167 Japan 0.6 years 2019 unchanged flat
168 Ireland 0.4 years 2019 unchanged flat

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About this data

Indicator
Resolving insolvency: Time (years)
Unit
years
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 2,747 data points, 2003–2019
Last refreshed