Resolving insolvency: Time in Thailand

Thailand: Resolving insolvency: Time was 1.5 years in 2019. ▼ Falling

Latest (2019)
1.5 years
Change on year
unchanged
World rank
129th
of 168 countries
All-time high
2.7 years
in 2003
All-time low
1.5 years
in 2011
Years of data
17
2003–2019

Resolving insolvency: Time in Thailand, 2003–2019

01232003201120192003: 2.7 years2004: 2.7 years2005: 2.7 years2006: 2.7 years2007: 2.7 years2008: 2.7 years2009: 2.7 years2010: 2.7 years2011: 1.5 years2012: 1.5 years2013: 1.5 years2014: 1.5 years2015: 1.5 years2016: 1.5 years2017: 1.5 years2018: 1.5 years2019: 1.5 years

Source: World Bank. Measured in years.

Analysis

In 2019, resolving insolvency: time in Thailand stood at 1.5 years. That is the lowest value across all 17 years on record.

The figure is down 44.4% over ten years.

Over the whole period, resolving insolvency: time in Thailand peaked at 2.7 years in 2003 and was at its lowest, 1.5 years, in 2011.

That places Thailand 129th out of 168 countries with data for 2019, putting it in the bottom quarter.

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

Resolving insolvency: Time in Thailand, year by year

Annual values for Resolving insolvency: Time (years) in Thailand, 2003 to 2019.
Year years Change
2003 2.7 years
2004 2.7 years +0.0%
2005 2.7 years +0.0%
2006 2.7 years +0.0%
2007 2.7 years +0.0%
2008 2.7 years +0.0%
2009 2.7 years +0.0%
2010 2.7 years +0.0%
2011 1.5 years -44.4%
2012 1.5 years +0.0%
2013 1.5 years +0.0%
2014 1.5 years +0.0%
2015 1.5 years +0.0%
2016 1.5 years +0.0%
2017 1.5 years +0.0%
2018 1.5 years +0.0%
2019 1.5 years +0.0%

Thailand compared with similar countries

  • Thailand's 1.5 years is below the median for upper middle income countries, which is 2 years, 75% of the median. (50 countries reporting)
  • Thailand's 1.5 years is below the median for East Asia & Pacific, which is 2 years, 75% of the median. (25 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.7 years 2.7 years 2.7 years 7
2010s 1.62 years 1.5 years 2.7 years 10

Countries ranked near Thailand

  1. 128 India 1.6 years compare
  2. 129 Azerbaijan 1.5 years compare
  3. 129 Belarus 1.5 years compare
  4. 129 Cyprus 1.5 years compare
  5. 129 Djibouti 1.5 years compare
  6. 129 Iran 1.5 years compare
  7. 129 Kazakhstan 1.5 years compare
  8. 129 South Korea 1.5 years compare
  9. 129 Kyrgyzstan 1.5 years compare
  10. 129 Latvia 1.5 years compare
  11. 129 Maldives 1.5 years compare
  12. 129 Mozambique 1.5 years compare
  13. 129 North Macedonia 1.5 years compare
  14. 129 Spain 1.5 years compare

See the full ranking of 168 places →

More reference data data for Thailand

All data for Thailand →

Frequently asked questions

What is resolving insolvency: time in Thailand?
Resolving insolvency: time in Thailand was 1.5 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Thailand?
The highest recorded value was 2.7 years in 2003.
What is the lowest resolving insolvency: time recorded in Thailand?
The lowest recorded value was 1.5 years in 2011.
How does Thailand rank for resolving insolvency: time?
Thailand ranks 129th out of 168 countries with data for 2019.
Is resolving insolvency: time rising or falling in Thailand?
Over the last ten years it is down 44.4%. The long-run trend across the full record is falling.
Where does this Thailand 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 Thailand. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-time-years/thailand/

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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