Resolving insolvency: Time in Romania
Romania: Resolving insolvency: Time was 3.3 years in 2019. ▼ Falling
Latest (2019)
3.3 years
Change on year
unchanged
World rank
32nd
of 168 countries
All-time high
4.6 years
in 2003
All-time low
3.3 years
in 2007
Years of data
17
2003–2019
Resolving insolvency: Time in Romania, 2003–2019
Source: World Bank. Measured in years.
Analysis
In 2019, resolving insolvency: time in Romania stood at 3.3 years. That is the lowest value across all 17 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, resolving insolvency: time in Romania peaked at 4.6 years in 2003 and was at its lowest, 3.3 years, in 2007.
Romania ranks 32nd of 168 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Resolving insolvency: Time in Romania, year by year
| Year | years | Change |
|---|---|---|
| 2003 | 4.6 years | — |
| 2004 | 4.6 years | +0.0% |
| 2005 | 4.6 years | +0.0% |
| 2006 | 4.6 years | +0.0% |
| 2007 | 3.3 years | -28.3% |
| 2008 | 3.3 years | +0.0% |
| 2009 | 3.3 years | +0.0% |
| 2010 | 3.3 years | +0.0% |
| 2011 | 3.3 years | +0.0% |
| 2012 | 3.3 years | +0.0% |
| 2013 | 3.3 years | +0.0% |
| 2014 | 3.3 years | +0.0% |
| 2015 | 3.3 years | +0.0% |
| 2016 | 3.3 years | +0.0% |
| 2017 | 3.3 years | +0.0% |
| 2018 | 3.3 years | +0.0% |
| 2019 | 3.3 years | +0.0% |
Romania compared with similar countries
- Romania's 3.3 years is above the median for high income countries, which is 2 years, 1.6× the median. (60 countries reporting)
- Romania's 3.3 years is above the median for Europe & Central Asia, which is 2 years, 1.6× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.04 years | 3.3 years | 4.6 years | 7 |
| 2010s | 3.3 years | 3.3 years | 3.3 years | 10 |
Countries ranked near Romania
More reference data data for Romania
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.5 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.03 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.59 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.689 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.59 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.04 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.02 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.93 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 21.54 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 3.75 (2050)
Frequently asked questions
- What is resolving insolvency: time in Romania?
- Resolving insolvency: time in Romania was 3.3 years in 2019, according to the World Bank.
- What is the highest resolving insolvency: time recorded in Romania?
- The highest recorded value was 4.6 years in 2003.
- What is the lowest resolving insolvency: time recorded in Romania?
- The lowest recorded value was 3.3 years in 2007.
- How does Romania rank for resolving insolvency: time?
- Romania ranks 32nd out of 168 countries with data for 2019.
- Is resolving insolvency: time rising or falling in Romania?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Romania 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).