Resolving insolvency: Time in United States

United States: Resolving insolvency: Time was 1 years in 2019. ▼ Falling

Latest (2019)
1 years
Change on year
unchanged
World rank
149th
of 165 countries
All-time high
1.5 years
in 2003
All-time low
1 years
in 2013
Years of data
17
2003–2019

Resolving insolvency: Time in United States, 2003–2019

00.511.52003201120192003: 1.5 years2004: 1.5 years2005: 1.5 years2006: 1.5 years2007: 1.5 years2008: 1.5 years2009: 1.5 years2010: 1.5 years2011: 1.5 years2012: 1.5 years2013: 1 years2014: 1 years2015: 1 years2016: 1 years2017: 1 years2018: 1 years2019: 1 years

Source: World Bank. Measured in years.

Analysis

In 2019, resolving insolvency: time in United States stood at 1 years. That is the lowest value across all 17 years on record.

That represents a change of down 33.3% over ten years.

Over the whole period, resolving insolvency: time in United States peaked at 1.5 years in 2003 and was at its lowest, 1 years, in 2013.

United States ranks 149th of 165 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.5 years 1.5 years 1.5 years 7
2010s 1.15 years 1 years 1.5 years 10

Countries ranked near United States

  1. 149 Australia 1 years compare
  2. 149 Denmark 1 years compare
  3. 149 Iceland 1 years compare
  4. 149 Malaysia 1 years compare
  5. 149 Solomon Islands 1 years compare
  6. 149 United Kingdom 1 years compare
  7. 149 Zambia 1 years compare

See the full ranking of 167 places →

More reference data data for United States

All data for United States →

Frequently asked questions

What is resolving insolvency: time in United States?
Resolving insolvency: time in United States was 1 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in United States?
The highest recorded value was 1.5 years in 2003.
What is the lowest resolving insolvency: time recorded in United States?
The lowest recorded value was 1 years in 2013.
How does United States rank for resolving insolvency: time?
United States ranks 149th out of 165 countries with data for 2019.
Is resolving insolvency: time rising or falling in United States?
Over the last ten years it is down 33.3%. The long-run trend across the full record is falling.
Where does this United States 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