Resolving insolvency: Time in Belgium

Belgium: Resolving insolvency: Time was 0.9 years in 2019. ▬ Flat

Latest (2019)
0.9 years
Change on year
unchanged
World rank
160th
of 168 countries
All-time high
0.9 years
in 2003
All-time low
0.9 years
in 2003
Years of data
17
2003–2019

Resolving insolvency: Time in Belgium, 2003–2019

00.20.40.60.812003201120192003: 0.9 years2004: 0.9 years2005: 0.9 years2006: 0.9 years2007: 0.9 years2008: 0.9 years2009: 0.9 years2010: 0.9 years2011: 0.9 years2012: 0.9 years2013: 0.9 years2014: 0.9 years2015: 0.9 years2016: 0.9 years2017: 0.9 years2018: 0.9 years2019: 0.9 years

Source: World Bank. Measured in years.

Analysis

The most recent figure for resolving insolvency: time in Belgium is 0.9 years, measured in 2019. That is the highest value across all 17 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, resolving insolvency: time in Belgium peaked at 0.9 years in 2003 and was at its lowest, 0.9 years, in 2003.

That places Belgium 160th out of 168 countries with data for 2019, putting it in the bottom quarter.

Resolving insolvency: Time in Belgium, year by year

Annual values for Resolving insolvency: Time (years) in Belgium, 2003 to 2019.
Year years Change
2003 0.9 years —
2004 0.9 years +0.0%
2005 0.9 years +0.0%
2006 0.9 years +0.0%
2007 0.9 years +0.0%
2008 0.9 years +0.0%
2009 0.9 years +0.0%
2010 0.9 years +0.0%
2011 0.9 years +0.0%
2012 0.9 years +0.0%
2013 0.9 years +0.0%
2014 0.9 years +0.0%
2015 0.9 years +0.0%
2016 0.9 years +0.0%
2017 0.9 years +0.0%
2018 0.9 years +0.0%
2019 0.9 years +0.0%

Belgium compared with similar countries

  • Belgium's 0.9 years is below the median for high income countries, which is 2 years, 45% of the median. (60 countries reporting)
  • Belgium's 0.9 years is below the median for Europe & Central Asia, which is 2 years, 45% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.9 years 0.9 years 0.9 years 7
2010s 0.9 years 0.9 years 0.9 years 10

Countries ranked near Belgium

  1. 160 Finland 0.9 years compare
  2. 160 Norway 0.9 years compare
  3. 163 Canada 0.8 years compare
  4. 163 Hong Kong 0.8 years compare
  5. 163 Singapore 0.8 years compare
  6. 163 Slovenia 0.8 years compare

See the full ranking of 168 places →

More reference data data for Belgium

All data for Belgium →

Frequently asked questions

What is resolving insolvency: time in Belgium?
Resolving insolvency: time in Belgium was 0.9 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Belgium?
The highest recorded value was 0.9 years in 2003.
What is the lowest resolving insolvency: time recorded in Belgium?
The lowest recorded value was 0.9 years in 2003.
How does Belgium rank for resolving insolvency: time?
Belgium ranks 160th out of 168 countries with data for 2019.
Is resolving insolvency: time rising or falling in Belgium?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Belgium data come from?
The figures come from the World Bank, published as part of Resolving insolvency: Time (years). Statizoid updates them automatically from the source API.

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Resolving insolvency: Time in Belgium. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-time-years/belgium/

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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