Resolving insolvency: Time in Chile

Chile: Resolving insolvency: Time was 2 years in 2019. ▼ Falling

Latest (2019)
2 years
Change on year
unchanged
World rank
87th
of 168 countries
All-time high
5.6 years
in 2003
All-time low
2 years
in 2017
Years of data
17
2003–2019

Resolving insolvency: Time in Chile, 2003–2019

02462003201120192003: 5.6 years2004: 5.6 years2005: 5.6 years2006: 3.2 years2007: 3.2 years2008: 3.2 years2009: 3.2 years2010: 3.2 years2011: 3.2 years2012: 3.2 years2013: 3.2 years2014: 3.2 years2015: 3.2 years2016: 3.2 years2017: 2 years2018: 2 years2019: 2 years

Source: World Bank. Measured in years.

Analysis

In 2019, resolving insolvency: time in Chile stood at 2 years. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 37.5% over ten years.

Over the whole period, resolving insolvency: time in Chile peaked at 5.6 years in 2003 and was at its lowest, 2 years, in 2017.

Chile ranks 87th of 168 countries on this measure, in the middle of the range.

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

Resolving insolvency: Time in Chile, year by year

Annual values for Resolving insolvency: Time (years) in Chile, 2003 to 2019.
Year years Change
2003 5.6 years
2004 5.6 years +0.0%
2005 5.6 years +0.0%
2006 3.2 years -42.9%
2007 3.2 years +0.0%
2008 3.2 years +0.0%
2009 3.2 years +0.0%
2010 3.2 years +0.0%
2011 3.2 years +0.0%
2012 3.2 years +0.0%
2013 3.2 years +0.0%
2014 3.2 years +0.0%
2015 3.2 years +0.0%
2016 3.2 years +0.0%
2017 2 years -37.5%
2018 2 years +0.0%
2019 2 years +0.0%

Chile compared with similar countries

  • Chile's 2 years is above the median for high income countries, which is 2 years, 1.0× the median. (60 countries reporting)
  • Chile's 2 years is below the median for Latin America & Caribbean, which is 3 years, 67% of the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.23 years 3.2 years 5.6 years 7
2010s 2.84 years 2 years 3.2 years 10

Countries ranked near Chile

  1. 86 Czechia 2.1 years compare
  2. 87 Nigeria 2 years compare
  3. 87 Russia 2 years compare
  4. 87 Afghanistan 2 years compare
  5. 87 Albania 2 years compare
  6. 87 Belize 2 years compare
  7. 87 Eswatini 2 years compare
  8. 87 Gambia 2 years compare
  9. 87 Georgia 2 years compare
  10. 87 Hungary 2 years compare
  11. 87 Israel 2 years compare
  12. 87 Kosovo 2 years compare
  13. 87 Luxembourg 2 years compare
  14. 87 Marshall Islands 2 years compare
  15. 87 Nepal 2 years compare
  16. 87 Palau 2 years compare
  17. 87 Samoa 2 years compare
  18. 87 Serbia 2 years compare
  19. 87 Seychelles 2 years compare
  20. 87 South Africa 2 years compare
  21. 87 Saint Lucia 2 years compare
  22. 87 Sudan 2 years compare
  23. 87 Sweden 2 years compare
  24. 87 Uzbekistan 2 years compare
  25. 87 Kosovo (UNSCR 1244) 2 years compare

See the full ranking of 168 places →

More reference data data for Chile

All data for Chile →

Frequently asked questions

What is resolving insolvency: time in Chile?
Resolving insolvency: time in Chile was 2 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Chile?
The highest recorded value was 5.6 years in 2003.
What is the lowest resolving insolvency: time recorded in Chile?
The lowest recorded value was 2 years in 2017.
How does Chile rank for resolving insolvency: time?
Chile ranks 87th out of 168 countries with data for 2019.
Is resolving insolvency: time rising or falling in Chile?
Over the last ten years it is down 37.5%. The long-run trend across the full record is falling.
Where does this Chile 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 Chile. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-time-years/chile/

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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