Statizoid

Resolving insolvency: Time in Puerto Rico

Puerto Rico: Resolving insolvency: Time was 2.5 years in 2019. ▼ Falling

Latest (2019)
2.5 years
Change on year
unchanged
World rank
71st
of 165 countries
All-time high
3.8 years
in 2003
All-time low
2.5 years
in 2007
Years of data
17
2003–2019

Resolving insolvency: Time in Puerto Rico, 2003–2019

012342003201120192003: 3.8 years2004: 3.8 years2005: 3.8 years2006: 3.8 years2007: 2.5 years2008: 2.5 years2009: 2.5 years2010: 2.5 years2011: 2.5 years2012: 2.5 years2013: 2.5 years2014: 2.5 years2015: 2.5 years2016: 2.5 years2017: 2.5 years2018: 2.5 years2019: 2.5 years

Source: World Bank. Measured in years.

Analysis

Puerto Rico recorded 2.5 years for resolving insolvency: time in 2019. That is the lowest value across all 17 years on record.

That represents a change of unchanged over ten years.

Over the whole period, resolving insolvency: time in Puerto Rico peaked at 3.8 years in 2003 and was at its lowest, 2.5 years, in 2007.

Puerto Rico ranks 71st of 165 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.24 years 2.5 years 3.8 years 7
2010s 2.5 years 2.5 years 2.5 years 10

Countries ranked near Puerto Rico

  1. 71 Bahrain 2.5 years compare
  2. 71 Brunei 2.5 years compare
  3. 71 Egypt 2.5 years compare
  4. 71 Namibia 2.5 years compare
  5. 71 Panama 2.5 years compare
  6. 71 Rwanda 2.5 years compare
  7. 71 Trinidad and Tobago 2.5 years compare

See the full ranking of 167 places →

More reference data data for Puerto Rico

All data for Puerto Rico →

Frequently asked questions

What is resolving insolvency: time in Puerto Rico?
Resolving insolvency: time in Puerto Rico was 2.5 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Puerto Rico?
The highest recorded value was 3.8 years in 2003.
What is the lowest resolving insolvency: time recorded in Puerto Rico?
The lowest recorded value was 2.5 years in 2007.
How does Puerto Rico rank for resolving insolvency: time?
Puerto Rico ranks 71st out of 165 countries with data for 2019.
Is resolving insolvency: time rising or falling in Puerto Rico?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Puerto Rico 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