Heavily indebted poor countries (HIPC) - Time to resolve insolvency
Time to resolve insolvency (years)
Time to resolve insolvency (years) in Heavily indebted poor countries (HIPC) was 2.95 as of 2019. Its highest value over the past 16 years was 3.12 in 2003, while its lowest value was 2.95 in 2016.
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:
| Year | Value |
|---|---|
| 2003 | 3.12 |
| 2004 | 3.07 |
| 2005 | 3.10 |
| 2006 | 3.10 |
| 2007 | 3.06 |
| 2008 | 3.06 |
| 2009 | 3.06 |
| 2010 | 3.06 |
| 2011 | 3.05 |
| 2012 | 3.05 |
| 2013 | 2.99 |
| 2014 | 2.98 |
| 2015 | 2.96 |
| 2016 | 2.95 |
| 2017 | 2.95 |
| 2018 | 2.95 |
| 2019 | 2.95 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Business environment
