Resolving insolvency: Time in Czechia

Czechia: Resolving insolvency: Time was 2.1 years in 2019. ◆ Volatile

Latest (2019)
2.1 years
Change on year
unchanged
World rank
86th
of 168 countries
All-time high
9.2 years
in 2003
All-time low
2.1 years
in 2013
Years of data
17
2003–2019

Resolving insolvency: Time in Czechia, 2003–2019

2468102003201120192003: 9.2 years2004: 9.2 years2005: 9.2 years2006: 9.2 years2007: 6.5 years2008: 6.5 years2009: 6.5 years2010: 3.2 years2011: 3.2 years2012: 3.2 years2013: 2.1 years2014: 2.1 years2015: 2.1 years2016: 2.1 years2017: 2.1 years2018: 2.1 years2019: 2.1 years

Source: World Bank. Measured in years.

Analysis

Czechia recorded 2.1 years for resolving insolvency: time in 2019. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 67.7% over ten years.

Over the whole period, resolving insolvency: time in Czechia peaked at 9.2 years in 2003 and was at its lowest, 2.1 years, in 2013.

Czechia ranks 86th of 168 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Resolving insolvency: Time in Czechia, year by year

Annual values for Resolving insolvency: Time (years) in Czechia, 2003 to 2019.
Year years Change
2003 9.2 years —
2004 9.2 years +0.0%
2005 9.2 years +0.0%
2006 9.2 years +0.0%
2007 6.5 years -29.3%
2008 6.5 years +0.0%
2009 6.5 years +0.0%
2010 3.2 years -50.8%
2011 3.2 years +0.0%
2012 3.2 years +0.0%
2013 2.1 years -34.4%
2014 2.1 years +0.0%
2015 2.1 years +0.0%
2016 2.1 years +0.0%
2017 2.1 years +0.0%
2018 2.1 years +0.0%
2019 2.1 years +0.0%

Czechia compared with similar countries

  • Czechia's 2.1 years is above the median for high income countries, which is 2 years, 1.1× the median. (60 countries reporting)
  • Czechia's 2.1 years is above the median for Europe & Central Asia, which is 2 years, 1.1× the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.04 years 6.5 years 9.2 years 7
2010s 2.43 years 2.1 years 3.2 years 10

Countries ranked near Czechia

  1. 83 Cote d'Ivoire 2.2 years compare
  2. 83 Nicaragua 2.2 years compare
  3. 83 Uganda 2.2 years compare
  4. 87 Nigeria 2 years compare
  5. 87 Russia 2 years compare
  6. 87 Afghanistan 2 years compare
  7. 87 Albania 2 years compare
  8. 87 Belize 2 years compare
  9. 87 Chile 2 years compare
  10. 87 Eswatini 2 years compare
  11. 87 Gambia 2 years compare
  12. 87 Georgia 2 years compare
  13. 87 Hungary 2 years compare
  14. 87 Israel 2 years compare
  15. 87 Kosovo 2 years compare
  16. 87 Luxembourg 2 years compare
  17. 87 Marshall Islands 2 years compare
  18. 87 Nepal 2 years compare
  19. 87 Palau 2 years compare
  20. 87 Samoa 2 years compare
  21. 87 Serbia 2 years compare
  22. 87 Seychelles 2 years compare
  23. 87 South Africa 2 years compare
  24. 87 Saint Lucia 2 years compare
  25. 87 Sudan 2 years compare
  26. 87 Sweden 2 years compare
  27. 87 Uzbekistan 2 years compare
  28. 87 Kosovo (UNSCR 1244) 2 years compare

See the full ranking of 168 places →

More reference data data for Czechia

All data for Czechia →

Frequently asked questions

What is resolving insolvency: time in Czechia?
Resolving insolvency: time in Czechia was 2.1 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Czechia?
The highest recorded value was 9.2 years in 2003.
What is the lowest resolving insolvency: time recorded in Czechia?
The lowest recorded value was 2.1 years in 2013.
How does Czechia rank for resolving insolvency: time?
Czechia ranks 86th out of 168 countries with data for 2019.
Is resolving insolvency: time rising or falling in Czechia?
Over the last ten years it is down 67.7%. The long-run trend across the full record is volatile.
Where does this Czechia 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 Czechia. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-time-years/czechia/

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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