Resolving insolvency: Time in Tonga

Tonga: Resolving insolvency: Time was 2.7 years in 2019. ▬ Flat

Latest (2019)
2.7 years
Change on year
unchanged
World rank
65th
of 165 countries
All-time high
2.7 years
in 2003
All-time low
2.7 years
in 2003
Years of data
17
2003–2019

Resolving insolvency: Time in Tonga, 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: 2.7 years2012: 2.7 years2013: 2.7 years2014: 2.7 years2015: 2.7 years2016: 2.7 years2017: 2.7 years2018: 2.7 years2019: 2.7 years

Source: World Bank. Measured in years.

Analysis

The most recent figure for resolving insolvency: time in Tonga is 2.7 years, measured in 2019. That is the highest value across all 17 years on record.

The figure is unchanged over ten years.

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

Tonga ranks 65th of 165 countries on this measure, in the middle of the range.

Averages by decade

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

Countries ranked near Tonga

  1. 62 Cameroon 2.8 years compare
  2. 62 Moldova 2.8 years compare
  3. 62 Qatar 2.8 years compare
  4. 65 Philippines 2.7 years compare
  5. 67 Pakistan 2.6 years compare
  6. 67 Lesotho 2.6 years compare
  7. 67 Malawi 2.6 years compare
  8. 67 Vanuatu 2.6 years compare

See the full ranking of 167 places →

More reference data data for Tonga

All data for Tonga →

Frequently asked questions

What is resolving insolvency: time in Tonga?
Resolving insolvency: time in Tonga was 2.7 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Tonga?
The highest recorded value was 2.7 years in 2003.
What is the lowest resolving insolvency: time recorded in Tonga?
The lowest recorded value was 2.7 years in 2003.
How does Tonga rank for resolving insolvency: time?
Tonga ranks 65th out of 165 countries with data for 2019.
Is resolving insolvency: time rising or falling in Tonga?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Tonga 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).

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