Resolving insolvency: Time in India

India: Resolving insolvency: Time was 1.6 years in 2019. ▼ Falling

Latest (2019)
1.6 years
Change on year
down 62.8%
World rank
126th
of 165 countries
All-time high
4.3 years
in 2003
All-time low
1.6 years
in 2019
Years of data
17
2003–2019

Resolving insolvency: Time in India, 2003–2019

012342003201120192003: 4.3 years2004: 4.3 years2005: 4.3 years2006: 4.3 years2007: 4.3 years2008: 4.3 years2009: 4.3 years2010: 4.3 years2011: 4.3 years2012: 4.3 years2013: 4.3 years2014: 4.3 years2015: 4.3 years2016: 4.3 years2017: 4.3 years2018: 4.3 years2019: 1.6 years

Source: World Bank. Measured in years.

Analysis

India recorded 1.6 years for resolving insolvency: time in 2019. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 62.8% on the previous year and down 62.8% over ten years.

Over the whole period, resolving insolvency: time in India peaked at 4.3 years in 2003 and was at its lowest, 1.6 years, in 2019.

India ranks 126th 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 4.3 years 4.3 years 4.3 years 7
2010s 4.03 years 1.6 years 4.3 years 10

Countries ranked near India

  1. 127 Azerbaijan 1.5 years compare
  2. 127 Belarus 1.5 years compare
  3. 127 Cyprus 1.5 years compare
  4. 127 Iran 1.5 years compare
  5. 127 Kazakhstan 1.5 years compare
  6. 127 South Korea 1.5 years compare
  7. 127 Kyrgyzstan 1.5 years compare
  8. 127 Latvia 1.5 years compare
  9. 127 Maldives 1.5 years compare
  10. 127 Mozambique 1.5 years compare
  11. 127 North Macedonia 1.5 years compare
  12. 127 Spain 1.5 years compare
  13. 127 Thailand 1.5 years compare

See the full ranking of 167 places →

More reference data data for India

All data for India →

Frequently asked questions

What is resolving insolvency: time in India?
Resolving insolvency: time in India was 1.6 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in India?
The highest recorded value was 4.3 years in 2003.
What is the lowest resolving insolvency: time recorded in India?
The lowest recorded value was 1.6 years in 2019.
How does India rank for resolving insolvency: time?
India ranks 126th out of 165 countries with data for 2019.
Is resolving insolvency: time rising or falling in India?
Over the last ten years it is down 62.8%. The long-run trend across the full record is falling.
Where does this India 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