Resolving insolvency: Time in Zambia
Zambia: Resolving insolvency: Time was 1 years in 2019. ▼ Falling
Resolving insolvency: Time in Zambia, 2003–2019
Source: World Bank. Measured in years.
Analysis
The most recent figure for resolving insolvency: time in Zambia is 1 years, measured in 2019. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 63.0% over ten years.
Over the whole period, resolving insolvency: time in Zambia peaked at 2.7 years in 2003 and was at its lowest, 1 years, in 2016.
That places Zambia 152nd 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 Zambia, year by year
| 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 | 2.7 years | +0.0% |
| 2012 | 2.7 years | +0.0% |
| 2013 | 2.4 years | -11.1% |
| 2014 | 2 years | -16.7% |
| 2015 | 1.5 years | -25.0% |
| 2016 | 1 years | -33.3% |
| 2017 | 1 years | +0.0% |
| 2018 | 1 years | +0.0% |
| 2019 | 1 years | +0.0% |
Zambia compared with similar countries
- Zambia's 1 years is below the median for lower middle income countries, which is 2.6 years, 38% of the median. (37 countries reporting)
- Zambia's 1 years is below the median for Sub-Saharan Africa, which is 2.8 years, 36% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.7 years | 2.7 years | 2.7 years | 7 |
| 2010s | 1.8 years | 1 years | 2.7 years | 10 |
Countries ranked near Zambia
- 152 United States 1 years compare
- 152 Australia 1 years compare
- 152 Denmark 1 years compare
- 152 Iceland 1 years compare
- 152 Malaysia 1 years compare
- 152 Solomon Islands 1 years compare
- 152 United Kingdom 1 years compare
More reference data data for Zambia
- Exchange rate, new LCU per USD extended backward, period average 18.94 (2026)
- Exchange rate, old LCU per USD extended forward, period average 18.94 (2026)
- Official exchange rate, LCU per USD, period average 18.94 (2026)
- Political opposition, annual growth rate 0 % change on previous year (2025)
- Elected parliament and government, annual growth rate 0 % change on previous year (2025)
- Global number of reported disasters by size, gaps filled 0 events (2025)
- Annual precipitation, annual growth rate 40.84 % change on previous year (2025)
- Free country, gaps filled 1 (2025)
- Civil liberties rating, gaps filled 4 (2025)
- Civil liberties rating, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is resolving insolvency: time in Zambia?
- Resolving insolvency: time in Zambia was 1 years in 2019, according to the World Bank.
- What is the highest resolving insolvency: time recorded in Zambia?
- The highest recorded value was 2.7 years in 2003.
- What is the lowest resolving insolvency: time recorded in Zambia?
- The lowest recorded value was 1 years in 2016.
- How does Zambia rank for resolving insolvency: time?
- Zambia ranks 152nd out of 168 countries with data for 2019.
- Is resolving insolvency: time rising or falling in Zambia?
- Over the last ten years it is down 63.0%. The long-run trend across the full record is falling.
- Where does this Zambia 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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