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
140th
of 165 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 140th of 165 countries on this measure, in the bottom quarter.

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

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. 141 Algeria 1.3 years compare
  2. 141 New Zealand 1.3 years compare
  3. 141 Tunisia 1.3 years compare

See the full ranking of 167 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 140th out of 165 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).

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