Central Europe and the Baltics - Time to resolve insolvency
Time to resolve insolvency (years)
Time to resolve insolvency (years) in Central Europe and the Baltics was 2.58 as of 2019. Its highest value over the past 16 years was 3.64 in 2003, while its lowest value was 2.58 in 2015.
Definition: Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
See also:
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
4.00
4.50
Year | Value |
---|---|
2003 | 3.64 |
2004 | 3.61 |
2005 | 3.61 |
2006 | 3.54 |
2007 | 3.17 |
2008 | 3.17 |
2009 | 3.15 |
2010 | 2.87 |
2011 | 2.75 |
2012 | 2.75 |
2013 | 2.65 |
2014 | 2.69 |
2015 | 2.58 |
2016 | 2.58 |
2017 | 2.58 |
2018 | 2.58 |
2019 | 2.58 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Business environment