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Government > 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 India 10 years 2006
=1 Chad 10 years 2006
3 Czech Republic 9.2 years 2006
=4 Ecuador 8 years 2006
=4 Mauritania 8 years 2006
6 Maldives 6.7 years 2006
7 Angola 6.2 years 2006
8 Turkey 5.9 years 2006
9 Belarus 5.8 years 2006
=10 Philippines 5.7 years 2006
=10 Haiti 5.7 years 2006
12 Chile 5.6 years 2006
13 Indonesia 5.5 years 2006
14 Federated States of Micronesia 5.3 years 2006
15 Democratic Republic of the Congo 5.2 years 2006
16 United Arab Emirates 5.1 years 2006
=17 Nepal 5 years 2006
=17 Suriname 5 years 2006
=17 Gabon 5 years 2006
=17 Laos 5 years 2006
=17 Vietnam 5 years 2006
=17 Mozambique 5 years 2006
=17 Niger 5 years 2006
=17 Djibouti 5 years 2006
25 Central African Republic 4.8 years 2006
26 Romania 4.6 years 2006
=27 Kenya 4.5 years 2006
=27 Iran 4.5 years 2006
Former French colonies average (profile) 4.3 years 2006
29 Jordan 4.3 years 2006
=30 Egypt 4.2 years 2006
=30 Kuwait 4.2 years 2006
32 Syria 4.1 years 2006
=33 Burkina Faso 4 years 2006
=33 Slovakia 4 years 2006
=33 Bangladesh 4 years 2006
=33 El Salvador 4 years 2006
=33 Lebanon 4 years 2006
=33 Uzbekistan 4 years 2006
=33 Israel 4 years 2006
=33 Venezuela 4 years 2006
=33 Oman 4 years 2006
=33 Albania 4 years 2006
=33 Mongolia 4 years 2006
=33 Benin 4 years 2006
=33 Brazil 4 years 2006
=33 Burundi 4 years 2006
=33 Kyrgyzstan 4 years 2006
48 Paraguay 3.9 years 2006
=49 Guinea 3.8 years 2006
=49 Russia 3.8 years 2006
=49 Puerto Rico 3.8 years 2006
=49 Honduras 3.8 years 2006
Emerging markets average (profile) 3.64 years 2006
Eastern Europe average (profile) 3.63 years 2006
53 Mali 3.6 years 2006
Former Spanish colonies average (profile) 3.57 years 2006
=54 Dominican Republic 3.5 years 2006
=54 Costa Rica 3.5 years 2006
=56 Bosnia and Herzegovina 3.3 years 2006
=56 Georgia 3.3 years 2006
=56 Zimbabwe 3.3 years 2006
=56 Bulgaria 3.3 years 2006
=56 Kazakhstan 3.3 years 2006
Former Soviet republics average (profile) 3.23 years 2006
61 Cameroon 3.2 years 2006
=62 Peru 3.1 years 2006
=62 Croatia 3.1 years 2006
=62 Zambia 3.1 years 2006
=65 Tanzania 3 years 2006
=65 Congo, Republic of the 3 years 2006
=65 Tajikistan 3 years 2006
=65 Denmark 3 years 2006
=65 Estonia 3 years 2006
=65 Colombia 3 years 2006
=65 Senegal 3 years 2006
=65 Papua New Guinea 3 years 2006
=65 The Gambia 3 years 2006
=65 Guatemala 3 years 2006
=65 Yemen 3 years 2006
=65 Togo 3 years 2006
=65 Latvia 3 years 2006
=65 Switzerland 3 years 2006
=65 Antigua and Barbuda 3 years 2006
=65 Poland 3 years 2006
81 Ukraine 2.9 years 2006
=82 Moldova 2.8 years 2006
=82 Argentina 2.8 years 2006
=82 Saudi Arabia 2.8 years 2006
=82 Pakistan 2.8 years 2006
Non-religious countries average (profile) 2.72 years 2006
=86 Thailand 2.7 years 2006
=86 Azerbaijan 2.7 years 2006
=86 Tonga 2.7 years 2006
=89 Serbia and Montenegro 2.6 years 2004
=89 Vanuatu 2.6 years 2006
=89 Malawi 2.6 years 2006
=89 Sierra Leone 2.6 years 2006
=89 Lesotho 2.6 years 2006
NATO countries average (profile) 2.59 years 2006
=94 Panama 2.5 years 2006
=94 Samoa 2.5 years 2006
=94 Algeria 2.5 years 2006
=97 Ethiopia 2.4 years 2006
=97 China 2.4 years 2006
European Union average (profile) 2.37 years 2006
99 Malaysia 2.3 years 2006
=100 Cote d'Ivoire 2.2 years 2006
=100 Uganda 2.2 years 2006
=100 Nicaragua 2.2 years 2006
=100 Sri Lanka 2.2 years 2006
High income OECD countries average (profile) 2.11 years 2006
104 Uruguay 2.1 years 2006
=105 Swaziland 2 years 2006
=105 Portugal 2 years 2006
=105 Hungary 2 years 2006
=105 Greece 2 years 2006
=105 Slovenia 2 years 2006
=105 New Zealand 2 years 2006
=105 Saint Lucia 2 years 2006
=105 Sweden 2 years 2006
=105 South Africa 2 years 2006
=105 Marshall Islands 2 years 2006
=105 Guyana 2 years 2006
=116 France 1.9 years 2006
=116 Ghana 1.9 years 2006
=116 Armenia 1.9 years 2006
=119 Morocco 1.8 years 2006
=119 Fiji 1.8 years 2006
=119 Mexico 1.8 years 2006
=119 Bolivia 1.8 years 2006
Eurozone average (profile) 1.75 years 2006
=123 Netherlands 1.7 years 2006
=123 Mauritius 1.7 years 2006
=123 Lithuania 1.7 years 2006
=123 Eritrea 1.7 years 2006
=127 South Korea 1.5 years 2006
=127 Nigeria 1.5 years 2006
=127 United States 1.5 years 2006
=127 Namibia 1.5 years 2006
=131 Botswana 1.3 years 2006
=131 Tunisia 1.3 years 2006
=133 Italy 1.2 years 2006
=133 Germany 1.2 years 2006
Group of 7 countries (G7) average (profile) 1.17 years 2006
=135 Hong Kong 1.1 years 2006
=135 Jamaica 1.1 years 2006
=135 Austria 1.1 years 2006
=138 Palau 1 years 2006
=138 Australia 1 years 2006
=138 Belize 1 years 2006
=138 United Kingdom 1 years 2006
=138 Spain 1 years 2006
=138 Solomon Islands 1 years 2006
=138 Iceland 1 years 2006
=145 Norway 0.9 years 2006
=145 Finland 0.9 years 2006
=145 Belgium 0.9 years 2006
=148 Canada 0.8 years 2006
=148 Singapore 0.8 years 2006
150 Japan 0.6 years 2006
151 Ireland 0.4 years 2006

Citation

"Countries Compared by Government > Time to resolve insolvency > Years. International Statistics at NationMaster.com", World Development Indicators database. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/stats/Government/Time-to-resolve-insolvency/Years

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

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