Resolving insolvency: Time in El Salvador

El Salvador: Resolving insolvency: Time was 3.5 years in 2019. ▼ Falling

Latest (2019)
3.5 years
Change on year
unchanged
World rank
28th
of 165 countries
All-time high
4 years
in 2003
All-time low
3.5 years
in 2013
Years of data
17
2003–2019

Resolving insolvency: Time in El Salvador, 2003–2019

012342003201120192003: 4 years2004: 4 years2005: 4 years2006: 4 years2007: 4 years2008: 4 years2009: 4 years2010: 4 years2011: 4 years2012: 4 years2013: 3.5 years2014: 3.5 years2015: 3.5 years2016: 3.5 years2017: 3.5 years2018: 3.5 years2019: 3.5 years

Source: World Bank. Measured in years.

Analysis

El Salvador recorded 3.5 years for resolving insolvency: time in 2019. That is the lowest value across all 17 years on record.

That represents a change of down 12.5% over ten years.

Over the whole period, resolving insolvency: time in El Salvador peaked at 4 years in 2003 and was at its lowest, 3.5 years, in 2013.

El Salvador ranks 28th of 165 countries on this measure, 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 4 years 4 years 4 years 7
2010s 3.65 years 3.5 years 4 years 10

Countries ranked near El Salvador

  1. 25 Guinea 3.8 years compare
  2. 25 Honduras 3.8 years compare
  3. 27 Mali 3.6 years compare
  4. 28 Dominican Republic 3.5 years compare
  5. 28 Greece 3.5 years compare
  6. 28 Morocco 3.5 years compare

See the full ranking of 167 places →

More reference data data for El Salvador

All data for El Salvador →

Frequently asked questions

What is resolving insolvency: time in El Salvador?
Resolving insolvency: time in El Salvador was 3.5 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in El Salvador?
The highest recorded value was 4 years in 2003.
What is the lowest resolving insolvency: time recorded in El Salvador?
The lowest recorded value was 3.5 years in 2013.
How does El Salvador rank for resolving insolvency: time?
El Salvador ranks 28th out of 165 countries with data for 2019.
Is resolving insolvency: time rising or falling in El Salvador?
Over the last ten years it is down 12.5%. The long-run trend across the full record is falling.
Where does this El Salvador 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