Resolving insolvency: Time in Slovakia

Slovakia: Resolving insolvency: Time was 4 years in 2019. ▼ Falling

Latest (2019)
4 years
Change on year
unchanged
World rank
15th
of 168 countries
All-time high
4.8 years
in 2003
All-time low
4 years
in 2006
Years of data
17
2003–2019

Resolving insolvency: Time in Slovakia, 2003–2019

0123452003201120192003: 4.8 years2004: 4.8 years2005: 4.8 years2006: 4 years2007: 4 years2008: 4 years2009: 4 years2010: 4 years2011: 4 years2012: 4 years2013: 4 years2014: 4 years2015: 4 years2016: 4 years2017: 4 years2018: 4 years2019: 4 years

Source: World Bank. Measured in years.

Analysis

Slovakia recorded 4 years for resolving insolvency: time in 2019. 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 Slovakia peaked at 4.8 years in 2003 and was at its lowest, 4 years, in 2006.

That places Slovakia 15th out of 168 countries with data for 2019, putting it in the top 10%.

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

Resolving insolvency: Time in Slovakia, year by year

Annual values for Resolving insolvency: Time (years) in Slovakia, 2003 to 2019.
Year years Change
2003 4.8 years
2004 4.8 years +0.0%
2005 4.8 years +0.0%
2006 4 years -16.7%
2007 4 years +0.0%
2008 4 years +0.0%
2009 4 years +0.0%
2010 4 years +0.0%
2011 4 years +0.0%
2012 4 years +0.0%
2013 4 years +0.0%
2014 4 years +0.0%
2015 4 years +0.0%
2016 4 years +0.0%
2017 4 years +0.0%
2018 4 years +0.0%
2019 4 years +0.0%

Slovakia compared with similar countries

  • Slovakia's 4 years is above the median for high income countries, which is 2 years, 2.0× the median. (60 countries reporting)
  • Slovakia's 4 years is above the median for Europe & Central Asia, which is 2 years, 2.0× the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.34 years 4 years 4.8 years 7
2010s 4 years 4 years 4 years 10

Countries ranked near Slovakia

  1. 12 Kenya 4.5 years compare
  2. 13 Kuwait 4.2 years compare
  3. 14 Syria 4.1 years compare
  4. 15 Bangladesh 4 years compare
  5. 15 Brazil 4 years compare
  6. 15 Benin 4 years compare
  7. 15 Burkina Faso 4 years compare
  8. 15 Chad 4 years compare
  9. 15 Dominica 4 years compare
  10. 15 Mongolia 4 years compare
  11. 15 Venezuela 4 years compare

See the full ranking of 168 places →

More reference data data for Slovakia

All data for Slovakia →

Frequently asked questions

What is resolving insolvency: time in Slovakia?
Resolving insolvency: time in Slovakia was 4 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Slovakia?
The highest recorded value was 4.8 years in 2003.
What is the lowest resolving insolvency: time recorded in Slovakia?
The lowest recorded value was 4 years in 2006.
How does Slovakia rank for resolving insolvency: time?
Slovakia ranks 15th out of 168 countries with data for 2019.
Is resolving insolvency: time rising or falling in Slovakia?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Slovakia 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 Slovakia. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-time-years/slovak-republic/

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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