Resolving insolvency: Time in Ecuador

Ecuador: Resolving insolvency: Time was 5.3 years in 2019. ▬ Flat

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

Resolving insolvency: Time in Ecuador, 2003–2019

02462003201120192003: 5.3 years2004: 5.3 years2005: 5.3 years2006: 5.3 years2007: 5.3 years2008: 5.3 years2009: 5.3 years2010: 5.3 years2011: 5.3 years2012: 5.3 years2013: 5.3 years2014: 5.3 years2015: 5.3 years2016: 5.3 years2017: 5.3 years2018: 5.3 years2019: 5.3 years

Source: World Bank. Measured in years.

Analysis

Ecuador recorded 5.3 years for resolving insolvency: time in 2019. That is the highest value across all 17 years on record.

That represents a change of unchanged over ten years.

Over the whole period, resolving insolvency: time in Ecuador peaked at 5.3 years in 2003 and was at its lowest, 5.3 years, in 2003.

That places Ecuador 2nd out of 168 countries with data for 2019, putting it in the top 10%.

Resolving insolvency: Time in Ecuador, year by year

Annual values for Resolving insolvency: Time (years) in Ecuador, 2003 to 2019.
Year years Change
2003 5.3 years —
2004 5.3 years +0.0%
2005 5.3 years +0.0%
2006 5.3 years +0.0%
2007 5.3 years +0.0%
2008 5.3 years +0.0%
2009 5.3 years +0.0%
2010 5.3 years +0.0%
2011 5.3 years +0.0%
2012 5.3 years +0.0%
2013 5.3 years +0.0%
2014 5.3 years +0.0%
2015 5.3 years +0.0%
2016 5.3 years +0.0%
2017 5.3 years +0.0%
2018 5.3 years +0.0%
2019 5.3 years +0.0%

Ecuador compared with similar countries

  • Ecuador's 5.3 years is above the median for upper middle income countries, which is 2 years, 2.6× the median. (50 countries reporting)
  • Ecuador's 5.3 years is above the median for Latin America & Caribbean, which is 3 years, 1.8× the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.3 years 5.3 years 5.3 years 7
2010s 5.3 years 5.3 years 5.3 years 10

Countries ranked near Ecuador

  1. 1 Cambodia 6 years compare
  2. 2 Micronesia (country) 5.3 years compare
  3. 4 Burundi 5 years compare
  4. 4 Gabon 5 years compare
  5. 4 Myanmar 5 years compare
  6. 4 Niger 5 years compare
  7. 4 Suriname 5 years compare
  8. 4 Turkey 5 years compare
  9. 4 Vietnam 5 years compare

See the full ranking of 168 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is resolving insolvency: time in Ecuador?
Resolving insolvency: time in Ecuador was 5.3 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Ecuador?
The highest recorded value was 5.3 years in 2003.
What is the lowest resolving insolvency: time recorded in Ecuador?
The lowest recorded value was 5.3 years in 2003.
How does Ecuador rank for resolving insolvency: time?
Ecuador ranks 2nd out of 168 countries with data for 2019.
Is resolving insolvency: time rising or falling in Ecuador?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Ecuador 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 Ecuador. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-time-years/ecuador/

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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