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Government > Red tape > Time to resolve insolvency > Years: Countries Compared

DEFINITION: Time to resolve insolvency (years). 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 Sao Tome and Principe 6.2 2013
2 Cambodia 6 2013
=3 Ecuador 5.3 2013
=3 Federated States of Micronesia 5.3 2013
5 Democratic Republic of the Congo 5.2 2013
=6 Nepal 5 2013
=6 Suriname 5 2013
=6 Gabon 5 2013
=6 Vietnam 5 2013
=6 Mozambique 5 2013
=6 Niger 5 2013
=6 Djibouti 5 2013
=6 Burundi 5 2013
=6 Burma 5 2013
15 Central African Republic 4.8 2013
=16 Indonesia 4.5 2013
=16 Kenya 4.5 2013
=16 Iran 4.5 2013
19 India 4.3 2013
=20 Egypt 4.2 2013
=20 Kuwait 4.2 2013
22 Syria 4.1 2013
=23 Burkina Faso 4 2013
=23 Dominica 4 2013
=23 Slovakia 4 2013
=23 Bangladesh 4 2013
=23 Venezuela 4 2013
=23 Oman 4 2013
=23 Mongolia 4 2013
=23 Benin 4 2013
=23 Chad 4 2013
=23 Brazil 4 2013
=23 Kyrgyzstan 4 2013
34 Paraguay 3.9 2013
=35 Guinea 3.8 2013
=35 Honduras 3.8 2013
Former French colonies average (profile) 3.68 2013
37 Mali 3.6 2013
=38 Dominican Republic 3.5 2013
=38 El Salvador 3.5 2013
=38 Greece 3.5 2013
=41 Bosnia and Herzegovina 3.3 2013
=41 Turkey 3.3 2013
=41 Republic of the Congo 3.3 2013
=41 Zimbabwe 3.3 2013
=41 Bulgaria 3.3 2013
=41 Romania 3.3 2013
South Asia average (profile) 3.27 2013
Sub-Saharan Africa average (profile) 3.21 2012
=47 United Arab Emirates 3.2 2013
=47 Chile 3.2 2013
=49 Peru 3.1 2013
=49 Croatia 3.1 2013
Middle Eastern and North Africa average (profile) 3.06 2013
=51 Liberia 3 2013
=51 Tanzania 3 2013
=51 Costa Rica 3 2013
=51 Estonia 3 2013
=51 Lebanon 3 2013
=51 Senegal 3 2013
=51 Papua New Guinea 3 2013
=51 Jordan 3 2013
=51 Guatemala 3 2013
=51 The Bahamas 3 2013
=51 Yemen 3 2013
=51 Togo 3 2013
=51 Belarus 3 2013
=51 Switzerland 3 2013
=51 Antigua and Barbuda 3 2013
=51 Malta 3 2013
=51 Poland 3 2013
=51 Guyana 3 2013
Former Spanish colonies average (profile) 2.98 2013
Muslim countries average (profile) 2.96 2013
69 Ukraine 2.9 2013
=70 Cameroon 2.8 2013
=70 Moldova 2.8 2013
=70 Qatar 2.8 2013
=70 Argentina 2.8 2013
=70 Saudi Arabia 2.8 2013
=70 Pakistan 2.8 2013
South and Central Asia average (profile) 2.77 2013
Emerging markets average (profile) 2.76 2013
=76 Thailand 2.7 2013
=76 Philippines 2.7 2013
=76 Tonga 2.7 2013
=79 Vanuatu 2.6 2013
=79 Malawi 2.6 2013
=79 Lesotho 2.6 2013
Eastern Europe average (profile) 2.52 2013
Religious countries average (profile) 2.51 2013
=82 Bahrain 2.5 2013
=82 Panama 2.5 2013
=82 Rwanda 2.5 2013
=82 Trinidad and Tobago 2.5 2013
=82 Brunei 2.5 2013
=82 Algeria 2.5 2013
=82 Puerto Rico 2.5 2013
=82 Namibia 2.5 2013
Former British colonies average (profile) 2.47 2013
90 Zambia 2.4 2013
Former Soviet republics average (profile) 2.32 2013
=91 Sierra Leone 2.3 2013
=91 Azerbaijan 2.3 2013
=91 San Marino 2.3 2013
=94 Cote d'Ivoire 2.2 2013
=94 Uganda 2.2 2013
=94 Nicaragua 2.2 2013
Cold countries average (profile) 2.12 2013
97 Czech Republic 2.1 2013
Potential Future EU Members average (profile) 2.1 2013
Europe average (profile) 2.08 2013
NATO countries average (profile) 2.04 2013
Heavily indebted countries average (profile) 2.02 2013
=98 Swaziland 2 2013
=98 Madagascar 2 2013
=98 Afghanistan 2 2013
=98 Portugal 2 2013
=98 Luxembourg 2 2013
=98 Palau 2 2013
=98 Nigeria 2 2013
=98 Georgia 2 2013
=98 Kosovo 2 2013
=98 Uzbekistan 2 2013
=98 Sudan 2 2013
=98 Israel 2 2013
=98 Hungary 2 2013
=98 Serbia 2 2013
=98 The Gambia 2 2013
=98 Slovenia 2 2013
=98 Samoa 2 2013
=98 European Union 2 2013
=98 Albania 2 2013
=98 Saint Lucia 2 2013
=98 Sweden 2 2013
=98 Russia 2 2013
=98 South Africa 2 2013
=98 Marshall Islands 2 2013
=98 Seychelles 2 2013
European Union average (profile) 2 2013
=123 France 1.9 2013
=123 Lithuania 1.9 2013
=123 Ghana 1.9 2013
=123 Armenia 1.9 2013
Eurozone average (profile) 1.85 2013
Non-religious countries average (profile) 1.85 2013
=127 Ethiopia 1.8 2013
=127 Barbados 1.8 2013
=127 Morocco 1.8 2013
=127 Fiji 1.8 2013
=127 Italy 1.8 2013
=127 Mexico 1.8 2013
=127 Republic of Macedonia 1.8 2013
=127 Bolivia 1.8 2013
=127 Uruguay 1.8 2013
High income OECD countries average (profile) 1.72 2013
=136 Tajikistan 1.7 2013
=136 Mauritius 1.7 2013
=136 Colombia 1.7 2013
=136 Botswana 1.7 2013
=136 China 1.7 2013
=136 Sri Lanka 1.7 2013
=142 South Korea 1.5 2013
=142 Malaysia 1.5 2013
=142 Maldives 1.5 2013
=142 Spain 1.5 2013
=142 Cyprus 1.5 2013
=142 United States 1.5 2013
=142 Latvia 1.5 2013
=142 Kazakhstan 1.5 2013
150 Montenegro 1.4 2013
=151 New Zealand 1.3 2013
=151 Tunisia 1.3 2013
Group of 7 countries (G7) average (profile) 1.26 2013
153 Germany 1.2 2013
=154 Netherlands 1.1 2013
=154 Hong Kong 1.1 2013
=154 Jamaica 1.1 2013
=154 Austria 1.1 2013
=158 Australia 1 2013
=158 Belize 1 2013
=158 Denmark 1 2013
=158 United Kingdom 1 2013
=158 Solomon Islands 1 2013
=158 Iceland 1 2013
=164 Norway 0.9 2013
=164 Finland 0.9 2013
=164 Belgium 0.9 2013
=167 Canada 0.8 2013
=167 Singapore 0.8 2013
169 Japan 0.6 2013
170 Ireland 0.4 2013

Citation

"Countries Compared by Government > Red tape > 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/Government/Red-tape/Time-to-resolve-insolvency/Years

Government > Red tape > Time to resolve insolvency > Years: Countries Compared Map

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