Resolving insolvency: Time in Hong Kong

Hong Kong: Resolving insolvency: Time was 0.8 years in 2019. ▼ Falling

Latest (2019)
0.8 years
Change on year
unchanged
World rank
160th
of 165 countries
All-time high
1.1 years
in 2003
All-time low
0.8 years
in 2014
Years of data
17
2003–2019

Resolving insolvency: Time in Hong Kong, 2003–2019

00.250.50.7512003201120192003: 1.1 years2004: 1.1 years2005: 1.1 years2006: 1.1 years2007: 1.1 years2008: 1.1 years2009: 1.1 years2010: 1.1 years2011: 1.1 years2012: 1.1 years2013: 1.1 years2014: 0.8 years2015: 0.8 years2016: 0.8 years2017: 0.8 years2018: 0.8 years2019: 0.8 years

Source: World Bank. Measured in years.

Analysis

The most recent figure for resolving insolvency: time in Hong Kong is 0.8 years, measured in 2019. That is the lowest value across all 17 years on record.

That represents a change of down 27.3% over ten years.

Over the whole period, resolving insolvency: time in Hong Kong peaked at 1.1 years in 2003 and was at its lowest, 0.8 years, in 2014.

Hong Kong ranks 160th of 165 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.1 years 1.1 years 1.1 years 7
2010s 0.92 years 0.8 years 1.1 years 10

Countries ranked near Hong Kong

  1. 157 Belgium 0.9 years compare
  2. 157 Finland 0.9 years compare
  3. 157 Norway 0.9 years compare
  4. 160 Canada 0.8 years compare
  5. 160 Singapore 0.8 years compare
  6. 160 Slovenia 0.8 years compare

See the full ranking of 167 places →

More reference data data for Hong Kong

All data for Hong Kong →

Frequently asked questions

What is resolving insolvency: time in Hong Kong?
Resolving insolvency: time in Hong Kong was 0.8 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Hong Kong?
The highest recorded value was 1.1 years in 2003.
What is the lowest resolving insolvency: time recorded in Hong Kong?
The lowest recorded value was 0.8 years in 2014.
How does Hong Kong rank for resolving insolvency: time?
Hong Kong ranks 160th out of 165 countries with data for 2019.
Is resolving insolvency: time rising or falling in Hong Kong?
Over the last ten years it is down 27.3%. The long-run trend across the full record is falling.
Where does this Hong Kong 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