North America - Time to resolve insolvency

Time to resolve insolvency (years)

Time to resolve insolvency (years) in North America was 0.900 as of 2019. Its highest value over the past 16 years was 0.900 in 2019, while its lowest value was 0.800 in 2003.

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 0.800
2004 0.800
2005 0.800
2006 0.800
2007 0.800
2008 0.800
2009 0.800
2010 0.800
2011 0.800
2012 0.800
2013 0.900
2014 0.900
2015 0.900
2016 0.900
2017 0.900
2018 0.900
2019 0.900

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment