Resolving insolvency: Time in Colombia

Colombia: Resolving insolvency: Time was 1.7 years in 2019. ▼ Falling

Latest (2019)
1.7 years
Change on year
unchanged
World rank
120th
of 165 countries
All-time high
3 years
in 2003
All-time low
1.7 years
in 2011
Years of data
17
2003–2019

Resolving insolvency: Time in Colombia, 2003–2019

01232003201120192003: 3 years2004: 3 years2005: 3 years2006: 3 years2007: 3 years2008: 3 years2009: 3 years2010: 3 years2011: 1.7 years2012: 1.7 years2013: 1.7 years2014: 1.7 years2015: 1.7 years2016: 1.7 years2017: 1.7 years2018: 1.7 years2019: 1.7 years

Source: World Bank. Measured in years.

Analysis

The most recent figure for resolving insolvency: time in Colombia is 1.7 years, measured in 2019. That is the lowest value across all 17 years on record.

The figure is down 43.3% over ten years.

Over the whole period, resolving insolvency: time in Colombia peaked at 3 years in 2003 and was at its lowest, 1.7 years, in 2011.

That places Colombia 120th out of 165 countries with data for 2019, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 3 years 3 years 3 years 7
2010s 1.83 years 1.7 years 3 years 10

Countries ranked near Colombia

  1. 120 China 1.7 years compare
  2. 120 Botswana 1.7 years compare
  3. 120 Mauritius 1.7 years compare
  4. 120 Sri Lanka 1.7 years compare
  5. 120 Tajikistan 1.7 years compare

See the full ranking of 167 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is resolving insolvency: time in Colombia?
Resolving insolvency: time in Colombia was 1.7 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Colombia?
The highest recorded value was 3 years in 2003.
What is the lowest resolving insolvency: time recorded in Colombia?
The lowest recorded value was 1.7 years in 2011.
How does Colombia rank for resolving insolvency: time?
Colombia ranks 120th out of 165 countries with data for 2019.
Is resolving insolvency: time rising or falling in Colombia?
Over the last ten years it is down 43.3%. The long-run trend across the full record is falling.
Where does this Colombia 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.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Resolving insolvency: Time (years)
Unit
years
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 2,736 data points, 2003–2019
Last refreshed