IDA only - Time to resolve insolvency

Time to resolve insolvency (years)

Time to resolve insolvency (years) in IDA only was 2.91 as of 2019. Its highest value over the past 16 years was 3.03 in 2003, while its lowest value was 2.91 in 2019.

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 3.03
2004 3.00
2005 2.98
2006 2.98
2007 2.95
2008 2.95
2009 2.93
2010 2.93
2011 2.93
2012 2.97
2013 2.96
2014 2.95
2015 2.94
2016 2.93
2017 2.93
2018 2.93
2019 2.91

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment