Resolving insolvency: Time in Vietnam

Vietnam: Resolving insolvency: Time was 5 years in 2019. ▬ Flat

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

Resolving insolvency: Time in Vietnam, 2003–2019

0123452003201120192003: 5 years2004: 5 years2005: 5 years2006: 5 years2007: 5 years2008: 5 years2009: 5 years2010: 5 years2011: 5 years2012: 5 years2013: 5 years2014: 5 years2015: 5 years2016: 5 years2017: 5 years2018: 5 years2019: 5 years

Source: World Bank. Measured in years.

Analysis

In 2019, resolving insolvency: time in Vietnam stood at 5 years. That is the highest 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 Vietnam peaked at 5 years in 2003 and was at its lowest, 5 years, in 2003.

That places Vietnam 4th out of 168 countries with data for 2019, putting it in the top 10%.

Resolving insolvency: Time in Vietnam, year by year

Annual values for Resolving insolvency: Time (years) in Vietnam, 2003 to 2019.
Year years Change
2003 5 years
2004 5 years +0.0%
2005 5 years +0.0%
2006 5 years +0.0%
2007 5 years +0.0%
2008 5 years +0.0%
2009 5 years +0.0%
2010 5 years +0.0%
2011 5 years +0.0%
2012 5 years +0.0%
2013 5 years +0.0%
2014 5 years +0.0%
2015 5 years +0.0%
2016 5 years +0.0%
2017 5 years +0.0%
2018 5 years +0.0%
2019 5 years +0.0%

Vietnam compared with similar countries

  • Vietnam's 5 years is above the median for upper middle income countries, which is 2 years, 2.5× the median. (50 countries reporting)
  • Vietnam's 5 years is above the median for East Asia & Pacific, which is 2 years, 2.5× the median. (25 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 5 years 5 years 5 years 7
2010s 5 years 5 years 5 years 10

Countries ranked near Vietnam

  1. 1 Cambodia 6 years compare
  2. 2 Ecuador 5.3 years compare
  3. 2 Micronesia (country) 5.3 years compare
  4. 4 Burundi 5 years compare
  5. 4 Gabon 5 years compare
  6. 4 Myanmar 5 years compare
  7. 4 Niger 5 years compare
  8. 4 Suriname 5 years compare
  9. 4 Turkey 5 years compare

See the full ranking of 168 places →

More reference data data for Vietnam

All data for Vietnam →

Frequently asked questions

What is resolving insolvency: time in Vietnam?
Resolving insolvency: time in Vietnam was 5 years in 2019, according to the World Bank.
What is the highest resolving insolvency: time recorded in Vietnam?
The highest recorded value was 5 years in 2003.
What is the lowest resolving insolvency: time recorded in Vietnam?
The lowest recorded value was 5 years in 2003.
How does Vietnam rank for resolving insolvency: time?
Vietnam ranks 4th out of 168 countries with data for 2019.
Is resolving insolvency: time rising or falling in Vietnam?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Vietnam 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 Vietnam. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-time-years/viet-nam/

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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