Resolving insolvency: Time in North Macedonia
North Macedonia: Resolving insolvency: Time was 1.5 years in 2019. ▼ Falling
Latest (2019)
1.5 years
Change on year
unchanged
World rank
129th
of 168 countries
All-time high
2 years
in 2003
All-time low
1.5 years
in 2016
Years of data
17
2003–2019
Resolving insolvency: Time in North Macedonia, 2003–2019
Source: World Bank. Measured in years.
Analysis
In 2019, resolving insolvency: time in North Macedonia stood at 1.5 years. That is the lowest value across all 17 years on record.
The figure is down 25.0% over ten years.
Over the whole period, resolving insolvency: time in North Macedonia peaked at 2 years in 2003 and was at its lowest, 1.5 years, in 2016.
That places North Macedonia 129th out of 168 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Resolving insolvency: Time in North Macedonia, year by year
| Year | years | Change |
|---|---|---|
| 2003 | 2 years | — |
| 2004 | 2 years | +0.0% |
| 2005 | 2 years | +0.0% |
| 2006 | 2 years | +0.0% |
| 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 | 2 years | +0.0% |
| 2013 | 1.8 years | -10.0% |
| 2014 | 1.8 years | +0.0% |
| 2015 | 1.8 years | +0.0% |
| 2016 | 1.5 years | -16.7% |
| 2017 | 1.5 years | +0.0% |
| 2018 | 1.5 years | +0.0% |
| 2019 | 1.5 years | +0.0% |
North Macedonia compared with similar countries
- North Macedonia's 1.5 years is below the median for upper middle income countries, which is 2 years, 75% of the median. (50 countries reporting)
- North Macedonia's 1.5 years is below the median for Europe & Central Asia, which is 2 years, 75% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2 years | 2 years | 2 years | 7 |
| 2010s | 1.74 years | 1.5 years | 2 years | 10 |
Countries ranked near North Macedonia
- 128 India 1.6 years compare
- 129 Azerbaijan 1.5 years compare
- 129 Belarus 1.5 years compare
- 129 Cyprus 1.5 years compare
- 129 Djibouti 1.5 years compare
- 129 Iran 1.5 years compare
- 129 Kazakhstan 1.5 years compare
- 129 South Korea 1.5 years compare
- 129 Kyrgyzstan 1.5 years compare
- 129 Latvia 1.5 years compare
- 129 Maldives 1.5 years compare
- 129 Mozambique 1.5 years compare
- 129 Spain 1.5 years compare
- 129 Thailand 1.5 years compare
More reference data data for North Macedonia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.102 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1665 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4328 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0308 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4328 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.342 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.224 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.6296 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.91 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.168 (2050)
Frequently asked questions
- What is resolving insolvency: time in North Macedonia?
- Resolving insolvency: time in North Macedonia was 1.5 years in 2019, according to the World Bank.
- What is the highest resolving insolvency: time recorded in North Macedonia?
- The highest recorded value was 2 years in 2003.
- What is the lowest resolving insolvency: time recorded in North Macedonia?
- The lowest recorded value was 1.5 years in 2016.
- How does North Macedonia rank for resolving insolvency: time?
- North Macedonia ranks 129th out of 168 countries with data for 2019.
- Is resolving insolvency: time rising or falling in North Macedonia?
- Over the last ten years it is down 25.0%. The long-run trend across the full record is falling.
- Where does this North Macedonia 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).