Resolving insolvency: Time in Lithuania

Lithuania: Resolving insolvency: Time was 2.3 years in 2019. ▲ Rising

Latest (2019)
2.3 years
Change on year
unchanged
World rank
80th
of 165 countries
All-time high
2.3 years
in 2014
All-time low
1.5 years
in 2009
Years of data
17
2003–2019

Resolving insolvency: Time in Lithuania, 2003–2019

00.511.522.52003201120192003: 2 years2004: 1.7 years2005: 1.7 years2006: 1.7 years2007: 1.7 years2008: 1.7 years2009: 1.5 years2010: 1.7 years2011: 1.8 years2012: 1.8 years2013: 1.9 years2014: 2.3 years2015: 2.3 years2016: 2.3 years2017: 2.3 years2018: 2.3 years2019: 2.3 years

Source: World Bank. Measured in years.

Analysis

Lithuania recorded 2.3 years for resolving insolvency: time in 2019. That is the highest value across all 17 years on record.

The figure is up 53.3% over ten years.

Over the whole period, resolving insolvency: time in Lithuania peaked at 2.3 years in 2014 and was at its lowest, 1.5 years, in 2009.

That places Lithuania 80th out of 165 countries with data for 2019, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.71 years 1.5 years 2 years 7
2010s 2.1 years 1.7 years 2.3 years 10

Countries ranked near Lithuania

  1. 79 Argentina 2.4 years compare
  2. 80 San Marino 2.3 years compare
  3. 80 Sierra Leone 2.3 years compare
  4. 83 Cote d'Ivoire 2.2 years compare
  5. 83 Nicaragua 2.2 years compare
  6. 83 Uganda 2.2 years compare

See the full ranking of 167 places →

More reference data data for Lithuania

All data for Lithuania →

Frequently asked questions

What is resolving insolvency: time in Lithuania?
Resolving insolvency: time in Lithuania was 2.3 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Lithuania?
The highest recorded value was 2.3 years in 2014.
What is the lowest resolving insolvency: time recorded in Lithuania?
The lowest recorded value was 1.5 years in 2009.
How does Lithuania rank for resolving insolvency: time?
Lithuania ranks 80th out of 165 countries with data for 2019.
Is resolving insolvency: time rising or falling in Lithuania?
Over the last ten years it is up 53.3%. The long-run trend across the full record is rising.
Where does this Lithuania 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