Emerging markets Compared by Government > Time to resolve insolvency > Years
DEFINITION:
Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.
CONTENTS
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| # | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
|---|---|---|---|---|---|
| 1 | India | 10 years | 2006 | ||
| 2 | Turkey | 5.9 years | 2006 | ||
| 3 | Philippines | 5.7 years | 2006 | ||
| 4 | Chile | 5.6 years | 2006 | ||
| 5 | Indonesia | 5.5 years | 2006 | ||
| 6 | Romania | 4.6 years | 2006 | ||
| =7 | Brazil | 4 years | 2006 | ||
| =7 | Venezuela | 4 years | 2006 | ||
| 9 | Russia | 3.8 years | 2006 | ||
| 10 | Bulgaria | 3.3 years | 2006 | ||
| 11 | Peru | 3.1 years | 2006 | ||
| =12 | Estonia | 3 years | 2006 | ||
| =12 | Colombia | 3 years | 2006 | ||
| =12 | Latvia | 3 years | 2006 | ||
| =12 | Poland | 3 years | 2006 | ||
| 16 | Ukraine | 2.9 years | 2006 | ||
| =17 | Argentina | 2.8 years | 2006 | ||
| =17 | Pakistan | 2.8 years | 2006 | ||
| 19 | Thailand | 2.7 years | 2006 | ||
| 20 | China | 2.4 years | 2006 | ||
| 21 | Malaysia | 2.3 years | 2006 | ||
| =22 | Hungary | 2 years | 2006 | ||
| =22 | South Africa | 2 years | 2006 | ||
| 24 | Mexico | 1.8 years | 2006 | ||
| 25 | Lithuania | 1.7 years | 2006 |