Resolving insolvency: Time in Montenegro

Montenegro: Resolving insolvency: Time was 1.4 years in 2019. ▼ Falling

Latest (2019)
1.4 years
Change on year
unchanged
World rank
143rd
of 168 countries
All-time high
2 years
in 2006
All-time low
1.4 years
in 2012
Years of data
14
2006–2019

Resolving insolvency: Time in Montenegro, 2006–2019

00.511.522006201220192006: 2 years2007: 2 years2008: 2 years2009: 2 years2010: 2 years2011: 2 years2012: 1.4 years2013: 1.4 years2014: 1.4 years2015: 1.4 years2016: 1.4 years2017: 1.4 years2018: 1.4 years2019: 1.4 years

Source: World Bank. Measured in years.

Analysis

In 2019, resolving insolvency: time in Montenegro stood at 1.4 years. That is the lowest value across all 14 years on record.

That represents a change of down 30.0% over ten years.

Over the whole period, resolving insolvency: time in Montenegro peaked at 2 years in 2006 and was at its lowest, 1.4 years, in 2012.

Montenegro ranks 143rd of 168 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 14 years of available data.

Resolving insolvency: Time in Montenegro, year by year

Annual values for Resolving insolvency: Time (years) in Montenegro, 2006 to 2019.
Year years Change
2006 2 years —
2007 2 years +0.0%
2008 2 years +0.0%
2009 2 years +0.0%
2010 2 years +0.0%
2011 2 years +0.0%
2012 1.4 years -30.0%
2013 1.4 years +0.0%
2014 1.4 years +0.0%
2015 1.4 years +0.0%
2016 1.4 years +0.0%
2017 1.4 years +0.0%
2018 1.4 years +0.0%
2019 1.4 years +0.0%

Montenegro compared with similar countries

  • Montenegro's 1.4 years is below the median for upper middle income countries, which is 2 years, 70% of the median. (50 countries reporting)
  • Montenegro's 1.4 years is below the median for Europe & Central Asia, which is 2 years, 70% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 2 years 2 years 2 years 4
2010s 1.52 years 1.4 years 2 years 10

Countries ranked near Montenegro

  1. 144 Algeria 1.3 years compare
  2. 144 New Zealand 1.3 years compare
  3. 144 Tunisia 1.3 years compare

See the full ranking of 168 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is resolving insolvency: time in Montenegro?
Resolving insolvency: time in Montenegro was 1.4 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Montenegro?
The highest recorded value was 2 years in 2006.
What is the lowest resolving insolvency: time recorded in Montenegro?
The lowest recorded value was 1.4 years in 2012.
How does Montenegro rank for resolving insolvency: time?
Montenegro ranks 143rd out of 168 countries with data for 2019.
Is resolving insolvency: time rising or falling in Montenegro?
Over the last ten years it is down 30.0%. The long-run trend across the full record is falling.
Where does this Montenegro 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 — 14 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 Montenegro. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-time-years/montenegro/

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/montenegro/">Resolving insolvency: Time in Montenegro</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