Resolving insolvency: Time in South Africa

South Africa: Resolving insolvency: Time was 2 years in 2019. ▬ Flat

Latest (2019)
2 years
Change on year
unchanged
World rank
87th
of 165 countries
All-time high
2 years
in 2003
All-time low
2 years
in 2003
Years of data
17
2003–2019

Resolving insolvency: Time in South Africa, 2003–2019

00.511.522003201120192003: 2 years2004: 2 years2005: 2 years2006: 2 years2007: 2 years2008: 2 years2009: 2 years2010: 2 years2011: 2 years2012: 2 years2013: 2 years2014: 2 years2015: 2 years2016: 2 years2017: 2 years2018: 2 years2019: 2 years

Source: World Bank. Measured in years.

Analysis

In 2019, resolving insolvency: time in South Africa stood at 2 years. That is the highest value across all 17 years on record.

That represents a change of unchanged over ten years.

Over the whole period, resolving insolvency: time in South Africa peaked at 2 years in 2003 and was at its lowest, 2 years, in 2003.

That places South Africa 87th out of 165 countries with data for 2019, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2 years 2 years 2 years 7
2010s 2 years 2 years 2 years 10

Countries ranked near South Africa

  1. 86 Czechia 2.1 years compare
  2. 87 Nigeria 2 years compare
  3. 87 Russia 2 years compare
  4. 87 Afghanistan 2 years compare
  5. 87 Albania 2 years compare
  6. 87 Belize 2 years compare
  7. 87 Chile 2 years compare
  8. 87 Eswatini 2 years compare
  9. 87 Gambia 2 years compare
  10. 87 Georgia 2 years compare
  11. 87 Hungary 2 years compare
  12. 87 Israel 2 years compare
  13. 87 Luxembourg 2 years compare
  14. 87 Marshall Islands 2 years compare
  15. 87 Nepal 2 years compare
  16. 87 Palau 2 years compare
  17. 87 Samoa 2 years compare
  18. 87 Serbia 2 years compare
  19. 87 Seychelles 2 years compare
  20. 87 Saint Lucia 2 years compare
  21. 87 Sudan 2 years compare
  22. 87 Sweden 2 years compare
  23. 87 Uzbekistan 2 years compare

See the full ranking of 167 places →

More reference data data for South Africa

All data for South Africa →

Frequently asked questions

What is resolving insolvency: time in South Africa?
Resolving insolvency: time in South Africa was 2 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in South Africa?
The highest recorded value was 2 years in 2003.
What is the lowest resolving insolvency: time recorded in South Africa?
The lowest recorded value was 2 years in 2003.
How does South Africa rank for resolving insolvency: time?
South Africa ranks 87th out of 165 countries with data for 2019.
Is resolving insolvency: time rising or falling in South Africa?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this South Africa 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

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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
167 places, 2,736 data points, 2003–2019
Last refreshed