Resolving insolvency: Time in Iceland

Iceland: Resolving insolvency: Time was 1 years in 2019. ▬ Flat

Latest (2019)
1 years
Change on year
unchanged
World rank
152nd
of 168 countries
All-time high
1 years
in 2004
All-time low
1 years
in 2004
Years of data
16
2004–2019

Resolving insolvency: Time in Iceland, 2004–2019

00.20.40.60.812004201120192004: 1 years2005: 1 years2006: 1 years2007: 1 years2008: 1 years2009: 1 years2010: 1 years2011: 1 years2012: 1 years2013: 1 years2014: 1 years2015: 1 years2016: 1 years2017: 1 years2018: 1 years2019: 1 years

Source: World Bank. Measured in years.

Analysis

The most recent figure for resolving insolvency: time in Iceland is 1 years, measured in 2019. That is the highest value across all 16 years on record.

The figure is unchanged over ten years.

Over the whole period, resolving insolvency: time in Iceland peaked at 1 years in 2004 and was at its lowest, 1 years, in 2004.

Iceland ranks 152nd of 168 countries on this measure, in the bottom quarter.

Resolving insolvency: Time in Iceland, year by year

Annual values for Resolving insolvency: Time (years) in Iceland, 2004 to 2019.
Year years Change
2004 1 years
2005 1 years +0.0%
2006 1 years +0.0%
2007 1 years +0.0%
2008 1 years +0.0%
2009 1 years +0.0%
2010 1 years +0.0%
2011 1 years +0.0%
2012 1 years +0.0%
2013 1 years +0.0%
2014 1 years +0.0%
2015 1 years +0.0%
2016 1 years +0.0%
2017 1 years +0.0%
2018 1 years +0.0%
2019 1 years +0.0%

Iceland compared with similar countries

  • Iceland's 1 years is below the median for high income countries, which is 2 years, 50% of the median. (60 countries reporting)
  • Iceland's 1 years is below the median for Europe & Central Asia, which is 2 years, 50% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 1 years 1 years 1 years 6
2010s 1 years 1 years 1 years 10

Countries ranked near Iceland

  1. 152 United States 1 years compare
  2. 152 Australia 1 years compare
  3. 152 Denmark 1 years compare
  4. 152 Malaysia 1 years compare
  5. 152 Solomon Islands 1 years compare
  6. 152 United Kingdom 1 years compare
  7. 152 Zambia 1 years compare

See the full ranking of 168 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is resolving insolvency: time in Iceland?
Resolving insolvency: time in Iceland was 1 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Iceland?
The highest recorded value was 1 years in 2004.
What is the lowest resolving insolvency: time recorded in Iceland?
The lowest recorded value was 1 years in 2004.
How does Iceland rank for resolving insolvency: time?
Iceland ranks 152nd out of 168 countries with data for 2019.
Is resolving insolvency: time rising or falling in Iceland?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Iceland 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 — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Resolving insolvency: Time in Iceland. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-time-years/iceland/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/resolving-insolvency-time-years/iceland/">Resolving insolvency: Time in Iceland</a> — Statizoid

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