Resolving insolvency: Time in Greece

Greece: Resolving insolvency: Time was 3.5 years in 2019. ▲ Rising

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

Resolving insolvency: Time in Greece, 2003–2019

012342003201120192003: 2 years2004: 2 years2005: 2 years2006: 2 years2007: 2 years2008: 2 years2009: 2 years2010: 2 years2011: 2 years2012: 2.5 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

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

That represents a change of up 75.0% over ten years.

Over the whole period, resolving insolvency: time in Greece peaked at 3.5 years in 2013 and was at its lowest, 2 years, in 2003.

That places Greece 28th out of 165 countries with data for 2019, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 2 years 2 years 2 years 7
2010s 3.1 years 2 years 3.5 years 10

Countries ranked near Greece

  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 El Salvador 3.5 years compare
  6. 28 Morocco 3.5 years compare

See the full ranking of 167 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is resolving insolvency: time in Greece?
Resolving insolvency: time in Greece was 3.5 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Greece?
The highest recorded value was 3.5 years in 2013.
What is the lowest resolving insolvency: time recorded in Greece?
The lowest recorded value was 2 years in 2003.
How does Greece rank for resolving insolvency: time?
Greece ranks 28th out of 165 countries with data for 2019.
Is resolving insolvency: time rising or falling in Greece?
Over the last ten years it is up 75.0%. The long-run trend across the full record is rising.
Where does this Greece 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