Resolving insolvency: Time in Sierra Leone

Sierra Leone: Resolving insolvency: Time was 2.3 years in 2019. ▼ Falling

Latest (2019)
2.3 years
Change on year
unchanged
World rank
80th
of 168 countries
All-time high
2.6 years
in 2003
All-time low
2.3 years
in 2013
Years of data
17
2003–2019

Resolving insolvency: Time in Sierra Leone, 2003–2019

01232003201120192003: 2.6 years2004: 2.6 years2005: 2.6 years2006: 2.6 years2007: 2.6 years2008: 2.6 years2009: 2.6 years2010: 2.6 years2011: 2.6 years2012: 2.6 years2013: 2.3 years2014: 2.3 years2015: 2.3 years2016: 2.3 years2017: 2.3 years2018: 2.3 years2019: 2.3 years

Source: World Bank. Measured in years.

Analysis

The most recent figure for resolving insolvency: time in Sierra Leone is 2.3 years, measured in 2019. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 11.5% over ten years.

Over the whole period, resolving insolvency: time in Sierra Leone peaked at 2.6 years in 2003 and was at its lowest, 2.3 years, in 2013.

That places Sierra Leone 80th out of 168 countries with data for 2019, putting it in the middle of the range.

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

Resolving insolvency: Time in Sierra Leone, year by year

Annual values for Resolving insolvency: Time (years) in Sierra Leone, 2003 to 2019.
Year years Change
2003 2.6 years —
2004 2.6 years +0.0%
2005 2.6 years +0.0%
2006 2.6 years +0.0%
2007 2.6 years +0.0%
2008 2.6 years +0.0%
2009 2.6 years +0.0%
2010 2.6 years +0.0%
2011 2.6 years +0.0%
2012 2.6 years +0.0%
2013 2.3 years -11.5%
2014 2.3 years +0.0%
2015 2.3 years +0.0%
2016 2.3 years +0.0%
2017 2.3 years +0.0%
2018 2.3 years +0.0%
2019 2.3 years +0.0%

Sierra Leone compared with similar countries

  • Sierra Leone's 2.3 years is below the median for low income countries, which is 3 years, 77% of the median. (19 countries reporting)
  • Sierra Leone's 2.3 years is below the median for Sub-Saharan Africa, which is 2.8 years, 82% of the median. (37 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.6 years 2.6 years 2.6 years 7
2010s 2.39 years 2.3 years 2.6 years 10

Countries ranked near Sierra Leone

  1. 79 Argentina 2.4 years compare
  2. 80 Lithuania 2.3 years compare
  3. 80 San Marino 2.3 years compare
  4. 83 Cote d'Ivoire 2.2 years compare
  5. 83 Nicaragua 2.2 years compare
  6. 83 Uganda 2.2 years compare

See the full ranking of 168 places →

More reference data data for Sierra Leone

All data for Sierra Leone →

Frequently asked questions

What is resolving insolvency: time in Sierra Leone?
Resolving insolvency: time in Sierra Leone was 2.3 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Sierra Leone?
The highest recorded value was 2.6 years in 2003.
What is the lowest resolving insolvency: time recorded in Sierra Leone?
The lowest recorded value was 2.3 years in 2013.
How does Sierra Leone rank for resolving insolvency: time?
Sierra Leone ranks 80th out of 168 countries with data for 2019.
Is resolving insolvency: time rising or falling in Sierra Leone?
Over the last ten years it is down 11.5%. The long-run trend across the full record is falling.
Where does this Sierra Leone 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.

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Resolving insolvency: Time in Sierra Leone. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-time-years/sierra-leone/

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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