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Former Spanish colonies Compared by Government > Red tape > Time to resolve insolvency > Years

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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.
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# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Ecuador 5.3 2013
2 Venezuela 4 2013
3 Paraguay 3.9 2013
4 Honduras 3.8 2013
=5 Dominican Republic 3.5 2013
=5 El Salvador 3.5 2013
7 Chile 3.2 2013
8 Peru 3.1 2013
=9 Costa Rica 3 2013
=9 Guatemala 3 2013
11 Argentina 2.8 2013
12 Philippines 2.7 2013
13 Panama 2.5 2013
14 Nicaragua 2.2 2013
=15 Mexico 1.8 2013
=15 Bolivia 1.8 2013
=15 Uruguay 1.8 2013
18 Colombia 1.7 2013

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Former Spanish colonies Compared by Government > Red tape > Time to resolve insolvency > Years

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