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Economy > Time to resolve insolvency > Years: Countries Compared

DEFINITION: Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Mauritania 8 2009
2 India 7 2009
3 Maldives 6.7 2009
4 Czech Republic 6.5 2009
5 Angola 6.2 2009
6 Belarus 5.8 2009
=7 Philippines 5.7 2009
=7 Haiti 5.7 2009
9 Indonesia 5.5 2009
10 Ecuador 5.3 2009
11 Democratic Republic of the Congo 5.2 2009
12 United Arab Emirates 5.1 2009
=13 Nepal 5 2009
=13 Suriname 5 2009
=13 The Bahamas 5 2009
=13 Gabon 5 2009
=13 Vietnam 5 2009
=13 Mozambique 5 2009
=13 Niger 5 2009
=13 Djibouti 5 2009
21 Central African Republic 4.8 2009
=22 Kenya 4.5 2009
=22 Chile 4.5 2009
24 Jordan 4.3 2009
25 Kuwait 4.2 2009
26 Syria 4.1 2009
=27 Burkina Faso 4 2009
=27 Slovakia 4 2009
=27 Bangladesh 4 2009
=27 El Salvador 4 2009
=27 Lebanon 4 2009
=27 Uzbekistan 4 2009
=27 Israel 4 2009
=27 Venezuela 4 2009
=27 Oman 4 2009
=27 Mongolia 4 2009
=27 Benin 4 2009
=27 Brazil 4 2009
=27 Kyrgyzstan 4 2009
40 Paraguay 3.9 2009
=41 Guinea 3.8 2009
=41 Russia 3.8 2009
=41 Puerto Rico 3.8 2009
=41 Honduras 3.8 2009
45 Mali 3.6 2009
=46 Dominican Republic 3.5 2009
=46 Costa Rica 3.5 2009
Former Spanish colonies average (profile) 3.36 2009
=48 Bosnia and Herzegovina 3.3 2009
=48 Congo, Republic of the 3.3 2009
=48 Turkey 3.3 2009
=48 Georgia 3.3 2009
=48 Zimbabwe 3.3 2009
=48 Bulgaria 3.3 2009
=48 Romania 3.3 2009
Emerging markets average (profile) 3.28 2009
55 Cameroon 3.2 2009
=56 Peru 3.1 2009
=56 Croatia 3.1 2009
=58 Ethiopia 3 2009
=58 Liberia 3 2009
=58 Tanzania 3 2009
=58 Estonia 3 2009
=58 Colombia 3 2009
=58 Senegal 3 2009
=58 Papua New Guinea 3 2009
=58 The Gambia 3 2009
=58 Guatemala 3 2009
=58 Togo 3 2009
=58 Latvia 3 2009
=58 Switzerland 3 2009
=58 Antigua and Barbuda 3 2009
=58 Poland 3 2009
=58 Guyana 3 2009
Former Soviet republics average (profile) 2.99 2009
73 Ukraine 2.9 2009
=74 Moldova 2.8 2009
=74 Qatar 2.8 2009
=74 Argentina 2.8 2009
=74 Pakistan 2.8 2009
=78 Serbia and Montenegro 2.7 2009
=78 Thailand 2.7 2009
=78 Azerbaijan 2.7 2009
=78 Tonga 2.7 2009
=78 Zambia 2.7 2009
=83 Vanuatu 2.6 2009
=83 Malawi 2.6 2009
=83 Sierra Leone 2.6 2009
=83 Lesotho 2.6 2009
=87 Bahrain 2.5 2009
=87 Panama 2.5 2009
=87 Samoa 2.5 2009
=87 Brunei 2.5 2009
=87 Algeria 2.5 2009
Non-religious countries average (profile) 2.31 2009
92 Malaysia 2.3 2009
=93 Cote d'Ivoire 2.2 2009
=93 Uganda 2.2 2009
=93 Nicaragua 2.2 2009
NATO countries average (profile) 2.18 2009
96 Uruguay 2.1 2009
European Union average (profile) 2.1 2009
97 European Union 2.06 2009
=98 Swaziland 2 2009
=98 Portugal 2 2009
=98 Luxembourg 2 2009
=98 Nigeria 2 2009
=98 Hungary 2 2009
=98 Greece 2 2009
=98 Slovenia 2 2009
=98 Saint Lucia 2 2009
=98 Sweden 2 2009
=98 South Africa 2 2009
=98 Marshall Islands 2 2009
High income OECD countries average (profile) 1.92 2009
=109 France 1.9 2009
=109 Ghana 1.9 2009
=109 Armenia 1.9 2009
=112 Morocco 1.8 2009
=112 Fiji 1.8 2009
=112 Italy 1.8 2009
=112 Mexico 1.8 2009
=112 Bolivia 1.8 2009
Eurozone average (profile) 1.75 2009
=117 Tajikistan 1.7 2009
=117 Mauritius 1.7 2009
=117 Botswana 1.7 2009
=117 China 1.7 2009
=117 Sri Lanka 1.7 2009
=122 Lithuania 1.5 2009
=122 Saudi Arabia 1.5 2009
=122 Cyprus 1.5 2009
=122 United States 1.5 2009
=122 Kazakhstan 1.5 2009
=122 Namibia 1.5 2009
=128 New Zealand 1.3 2009
=128 Tunisia 1.3 2009
Group of 7 countries (G7) average (profile) 1.26 2009
130 Germany 1.2 2009
=131 Netherlands 1.1 2009
=131 Denmark 1.1 2009
=131 Jamaica 1.1 2009
=131 Austria 1.1 2009
=135 Palau 1 2009
=135 Australia 1 2009
=135 Belize 1 2009
=135 United Kingdom 1 2009
=135 Spain 1 2009
=135 Solomon Islands 1 2009
=135 Iceland 1 2009
=142 Norway 0.9 2009
=142 Finland 0.9 2009
=142 Belgium 0.9 2009
=145 Canada 0.8 2009
=145 Singapore 0.8 2009
147 Japan 0.6 2009
148 Ireland 0.4 2009

Citation

"Countries Compared by Economy > Time to resolve insolvency > Years. International Statistics at NationMaster.com", World Bank, Doing Business project (http://www.doingbusiness.org/). Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/stats/Economy/Time-to-resolve-insolvency/Years

Economy > Time to resolve insolvency > Years: Countries Compared Map

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