Resolving insolvency: Time in Costa Rica

Costa Rica: Resolving insolvency: Time was 3 years in 2019. ▼ Falling

Latest (2019)
3 years
Change on year
unchanged
World rank
40th
of 165 countries
All-time high
3.5 years
in 2003
All-time low
3 years
in 2013
Years of data
17
2003–2019

Resolving insolvency: Time in Costa Rica, 2003–2019

012342003201120192003: 3.5 years2004: 3.5 years2005: 3.5 years2006: 3.5 years2007: 3.5 years2008: 3.5 years2009: 3.5 years2010: 3.5 years2011: 3.5 years2012: 3.5 years2013: 3 years2014: 3 years2015: 3 years2016: 3 years2017: 3 years2018: 3 years2019: 3 years

Source: World Bank. Measured in years.

Analysis

The most recent figure for resolving insolvency: time in Costa Rica is 3 years, measured in 2019. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 14.3% over ten years.

Over the whole period, resolving insolvency: time in Costa Rica peaked at 3.5 years in 2003 and was at its lowest, 3 years, in 2013.

That places Costa Rica 40th out of 165 countries with data for 2019, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.5 years 3.5 years 3.5 years 7
2010s 3.15 years 3 years 3.5 years 10

Countries ranked near Costa Rica

  1. 37 United Arab Emirates 3.2 years compare
  2. 38 Croatia 3.1 years compare
  3. 38 Peru 3.1 years compare
  4. 40 Antigua and Barbuda 3 years compare
  5. 40 Bahamas 3 years compare
  6. 40 Estonia 3 years compare
  7. 40 Ethiopia 3 years compare
  8. 40 Guatemala 3 years compare
  9. 40 Guyana 3 years compare
  10. 40 Jordan 3 years compare
  11. 40 Lebanon 3 years compare
  12. 40 Liberia 3 years compare
  13. 40 Madagascar 3 years compare
  14. 40 Malta 3 years compare
  15. 40 Oman 3 years compare
  16. 40 Papua New Guinea 3 years compare
  17. 40 Poland 3 years compare
  18. 40 Portugal 3 years compare
  19. 40 Senegal 3 years compare
  20. 40 Switzerland 3 years compare
  21. 40 Tanzania 3 years compare
  22. 40 Togo 3 years compare
  23. 40 Yemen 3 years compare

See the full ranking of 167 places →

More reference data data for Costa Rica

All data for Costa Rica →

Frequently asked questions

What is resolving insolvency: time in Costa Rica?
Resolving insolvency: time in Costa Rica was 3 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Costa Rica?
The highest recorded value was 3.5 years in 2003.
What is the lowest resolving insolvency: time recorded in Costa Rica?
The lowest recorded value was 3 years in 2013.
How does Costa Rica rank for resolving insolvency: time?
Costa Rica ranks 40th out of 165 countries with data for 2019.
Is resolving insolvency: time rising or falling in Costa Rica?
Over the last ten years it is down 14.3%. The long-run trend across the full record is falling.
Where does this Costa Rica 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