Resolving insolvency: Time in Cyprus

Cyprus: Resolving insolvency: Time was 1.5 years in 2019. ▬ Flat

Latest (2019)
1.5 years
Change on year
unchanged
World rank
129th
of 168 countries
All-time high
1.5 years
in 2008
All-time low
1.5 years
in 2008
Years of data
12
2008–2019

Resolving insolvency: Time in Cyprus, 2008–2019

00.511.52008201320192008: 1.5 years2009: 1.5 years2010: 1.5 years2011: 1.5 years2012: 1.5 years2013: 1.5 years2014: 1.5 years2015: 1.5 years2016: 1.5 years2017: 1.5 years2018: 1.5 years2019: 1.5 years

Source: World Bank. Measured in years.

Analysis

Cyprus recorded 1.5 years for resolving insolvency: time in 2019. That is the highest value across all 12 years on record.

That represents a change of unchanged over ten years.

Over the whole period, resolving insolvency: time in Cyprus peaked at 1.5 years in 2008 and was at its lowest, 1.5 years, in 2008.

That places Cyprus 129th out of 168 countries with data for 2019, putting it in the bottom quarter.

Resolving insolvency: Time in Cyprus, year by year

Annual values for Resolving insolvency: Time (years) in Cyprus, 2008 to 2019.
Year years Change
2008 1.5 years
2009 1.5 years +0.0%
2010 1.5 years +0.0%
2011 1.5 years +0.0%
2012 1.5 years +0.0%
2013 1.5 years +0.0%
2014 1.5 years +0.0%
2015 1.5 years +0.0%
2016 1.5 years +0.0%
2017 1.5 years +0.0%
2018 1.5 years +0.0%
2019 1.5 years +0.0%

Cyprus compared with similar countries

  • Cyprus's 1.5 years is below the median for high income countries, which is 2 years, 75% of the median. (60 countries reporting)
  • Cyprus's 1.5 years is below the median for Europe & Central Asia, which is 2 years, 75% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.5 years 1.5 years 1.5 years 2
2010s 1.5 years 1.5 years 1.5 years 10

Countries ranked near Cyprus

  1. 128 India 1.6 years compare
  2. 129 Azerbaijan 1.5 years compare
  3. 129 Belarus 1.5 years compare
  4. 129 Djibouti 1.5 years compare
  5. 129 Iran 1.5 years compare
  6. 129 Kazakhstan 1.5 years compare
  7. 129 South Korea 1.5 years compare
  8. 129 Kyrgyzstan 1.5 years compare
  9. 129 Latvia 1.5 years compare
  10. 129 Maldives 1.5 years compare
  11. 129 Mozambique 1.5 years compare
  12. 129 North Macedonia 1.5 years compare
  13. 129 Spain 1.5 years compare
  14. 129 Thailand 1.5 years compare

See the full ranking of 168 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is resolving insolvency: time in Cyprus?
Resolving insolvency: time in Cyprus was 1.5 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Cyprus?
The highest recorded value was 1.5 years in 2008.
What is the lowest resolving insolvency: time recorded in Cyprus?
The lowest recorded value was 1.5 years in 2008.
How does Cyprus rank for resolving insolvency: time?
Cyprus ranks 129th out of 168 countries with data for 2019.
Is resolving insolvency: time rising or falling in Cyprus?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Cyprus 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 Cyprus. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-time-years/cyprus/

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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