Government > Time to resolve insolvency > Years: Countries Compared
DEFINITION:
Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.
CONTENTS
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# |
COUNTRY |
AMOUNT |
DATE |
GRAPH |
HISTORY |
---|---|---|---|---|---|
=1 | ChadChad | 10 years | 2006 | ||
=1 | IndiaIndia | 10 years | 2006 | ||
3 | Czech RepublicCzech Republic | 9.2 years | 2006 | ||
=4 | MauritaniaMauritania | 8 years | 2006 | ||
=4 | EcuadorEcuador | 8 years | 2006 | ||
6 | MaldivesMaldives | 6.7 years | 2006 | ||
7 | AngolaAngola | 6.2 years | 2006 | ||
8 | TurkeyTurkey | 5.9 years | 2006 | ||
9 | BelarusBelarus | 5.8 years | 2006 | ||
=10 | HaitiHaiti | 5.7 years | 2006 | ||
=10 | PhilippinesPhilippines | 5.7 years | 2006 | ||
12 | ChileChile | 5.6 years | 2006 | ||
13 | IndonesiaIndonesia | 5.5 years | 2006 | ||
14 | Federated States of MicronesiaMicronesia | 5.3 years | 2006 | ||
15 | Democratic Republic of the CongoCongo, DR. | 5.2 years | 2006 | ||
16 | United Arab EmiratesUAE | 5.1 years | 2006 | ||
=17 | DjiboutiDjibouti | 5 years | 2006 | ||
=17 | NigerNiger | 5 years | 2006 | ||
=17 | MozambiqueMozambique | 5 years | 2006 | ||
=17 | VietnamVietnam | 5 years | 2006 | ||
=17 | LaosLaos | 5 years | 2006 | ||
=17 | GabonGabon | 5 years | 2006 | ||
=17 | SurinameSuriname | 5 years | 2006 | ||
=17 | NepalNepal | 5 years | 2006 | ||
25 | Central African RepublicCentral Africa | 4.8 years | 2006 | ||
26 | RomaniaRomania | 4.6 years | 2006 | ||
=27 | IranIran | 4.5 years | 2006 | ||
=27 | KenyaKenya | 4.5 years | 2006 | ||
Former French colonies averageFormer French colonies average (profile) | 4.3 years | 2006 | |||
29 | JordanJordan | 4.3 years | 2006 | ||
=30 | EgyptEgypt | 4.2 years | 2006 | ||
=30 | KuwaitKuwait | 4.2 years | 2006 | ||
32 | SyriaSyria | 4.1 years | 2006 | ||
=33 | Burkina FasoBurkina Faso | 4 years | 2006 | ||
=33 | SlovakiaSlovakia | 4 years | 2006 | ||
=33 | BangladeshBangladesh | 4 years | 2006 | ||
=33 | El SalvadorEl Salvador | 4 years | 2006 | ||
=33 | LebanonLebanon | 4 years | 2006 | ||
=33 | UzbekistanUzbekistan | 4 years | 2006 | ||
=33 | IsraelIsrael | 4 years | 2006 | ||
=33 | VenezuelaVenezuela | 4 years | 2006 | ||
=33 | OmanOman | 4 years | 2006 | ||
=33 | AlbaniaAlbania | 4 years | 2006 | ||
=33 | MongoliaMongolia | 4 years | 2006 | ||
=33 | BeninBenin | 4 years | 2006 | ||
=33 | BrazilBrazil | 4 years | 2006 | ||
=33 | BurundiBurundi | 4 years | 2006 | ||
=33 | KyrgyzstanKyrgyzstan | 4 years | 2006 | ||
48 | ParaguayParaguay | 3.9 years | 2006 | ||
=49 | GuineaGuinea | 3.8 years | 2006 | ||
=49 | RussiaRussia | 3.8 years | 2006 | ||
=49 | Puerto RicoPuerto Rico | 3.8 years | 2006 | ||
=49 | HondurasHonduras | 3.8 years | 2006 | ||
Emerging markets averageEmerging markets average (profile) | 3.64 years | 2006 | |||
Eastern Europe averageEastern Europe average (profile) | 3.63 years | 2006 | |||
53 | MaliMali | 3.6 years | 2006 | ||
Former Spanish colonies averageFormer Spanish colonies average (profile) | 3.57 years | 2006 | |||
=54 | Dominican RepublicDominican Rep. | 3.5 years | 2006 | ||
=54 | Costa RicaCosta Rica | 3.5 years | 2006 | ||
=56 | Bosnia and HerzegovinaBosnia and Herzegovina | 3.3 years | 2006 | ||
=56 | GeorgiaGeorgia | 3.3 years | 2006 | ||
=56 | ZimbabweZimbabwe | 3.3 years | 2006 | ||
=56 | BulgariaBulgaria | 3.3 years | 2006 | ||
=56 | KazakhstanKazakhstan | 3.3 years | 2006 | ||
Former Soviet republics averageFormer Soviet republics average (profile) | 3.23 years | 2006 | |||
61 | CameroonCameroon | 3.2 years | 2006 | ||
=62 | PeruPeru | 3.1 years | 2006 | ||
=62 | CroatiaCroatia | 3.1 years | 2006 | ||
=62 | ZambiaZambia | 3.1 years | 2006 | ||
=65 | TanzaniaTanzania | 3 years | 2006 | ||
=65 | Congo, Republic of theCongo, Republic of the | 3 years | 2006 | ||
=65 | TajikistanTajikistan | 3 years | 2006 | ||
=65 | DenmarkDenmark | 3 years | 2006 | ||
=65 | EstoniaEstonia | 3 years | 2006 | ||
=65 | ColombiaColombia | 3 years | 2006 | ||
=65 | SenegalSenegal | 3 years | 2006 | ||
=65 | Papua New GuineaPapua NG | 3 years | 2006 | ||
=65 | The GambiaThe Gambia | 3 years | 2006 | ||
=65 | GuatemalaGuatemala | 3 years | 2006 | ||
=65 | YemenYemen | 3 years | 2006 | ||
=65 | TogoTogo | 3 years | 2006 | ||
=65 | LatviaLatvia | 3 years | 2006 | ||
=65 | SwitzerlandSwitzerland | 3 years | 2006 | ||
=65 | Antigua and BarbudaAntigua and Barbuda | 3 years | 2006 | ||
=65 | PolandPoland | 3 years | 2006 | ||
81 | UkraineUkraine | 2.9 years | 2006 | ||
=82 | MoldovaMoldova | 2.8 years | 2006 | ||
=82 | ArgentinaArgentina | 2.8 years | 2006 | ||
=82 | Saudi ArabiaSaudi Arabia | 2.8 years | 2006 | ||
=82 | PakistanPakistan | 2.8 years | 2006 | ||
Non-religious countries averageNon-religious countries average (profile) | 2.72 years | 2006 | |||
=86 | ThailandThailand | 2.7 years | 2006 | ||
=86 | AzerbaijanAzerbaijan | 2.7 years | 2006 | ||
=86 | TongaTonga | 2.7 years | 2006 | ||
=89 | VanuatuVanuatu | 2.6 years | 2006 | ||
=89 | MalawiMalawi | 2.6 years | 2006 | ||
=89 | Sierra LeoneSierra Leone | 2.6 years | 2006 | ||
=89 | LesothoLesotho | 2.6 years | 2006 | ||
=89 | Serbia and MontenegroSerbia+ | 2.6 years | 2004 | ||
NATO countries averageNATO average (profile) | 2.59 years | 2006 | |||
=94 | PanamaPanama | 2.5 years | 2006 | ||
=94 | SamoaSamoa | 2.5 years | 2006 | ||
=94 | AlgeriaAlgeria | 2.5 years | 2006 | ||
=97 | EthiopiaEthiopia | 2.4 years | 2006 | ||
=97 | ChinaChina | 2.4 years | 2006 | ||
European Union averageEuropean Union average (profile) | 2.37 years | 2006 | |||
99 | MalaysiaMalaysia | 2.3 years | 2006 | ||
=100 | Cote d'IvoireCote d'Ivoire | 2.2 years | 2006 | ||
=100 | UgandaUganda | 2.2 years | 2006 | ||
=100 | NicaraguaNicaragua | 2.2 years | 2006 | ||
=100 | Sri LankaSri Lanka | 2.2 years | 2006 | ||
High income OECD countries averageHigh income OECD countries average (profile) | 2.11 years | 2006 | |||
104 | UruguayUruguay | 2.1 years | 2006 | ||
=105 | SwazilandSwaziland | 2 years | 2006 | ||
=105 | PortugalPortugal | 2 years | 2006 | ||
=105 | HungaryHungary | 2 years | 2006 | ||
=105 | GreeceGreece | 2 years | 2006 | ||
=105 | SloveniaSlovenia | 2 years | 2006 | ||
=105 | New ZealandNew Zealand | 2 years | 2006 | ||
=105 | Saint LuciaSaint Lucia | 2 years | 2006 | ||
=105 | SwedenSweden | 2 years | 2006 | ||
=105 | South AfricaSouth Africa | 2 years | 2006 | ||
=105 | Marshall IslandsMarshall Isl. | 2 years | 2006 | ||
=105 | GuyanaGuyana | 2 years | 2006 | ||
=116 | FranceFrance | 1.9 years | 2006 | ||
=116 | GhanaGhana | 1.9 years | 2006 | ||
=116 | ArmeniaArmenia | 1.9 years | 2006 | ||
=119 | FijiFiji | 1.8 years | 2006 | ||
=119 | MoroccoMorocco | 1.8 years | 2006 | ||
=119 | MexicoMexico | 1.8 years | 2006 | ||
=119 | BoliviaBolivia | 1.8 years | 2006 | ||
Eurozone averageEurozone average (profile) | 1.75 years | 2006 | |||
=123 | EritreaEritrea | 1.7 years | 2006 | ||
=123 | LithuaniaLithuania | 1.7 years | 2006 | ||
=123 | MauritiusMauritius | 1.7 years | 2006 | ||
=123 | NetherlandsNetherlands | 1.7 years | 2006 | ||
=127 | NamibiaNamibia | 1.5 years | 2006 | ||
=127 | United StatesUnited States | 1.5 years | 2006 | ||
=127 | NigeriaNigeria | 1.5 years | 2006 | ||
=127 | South KoreaSouth Korea | 1.5 years | 2006 | ||
=131 | TunisiaTunisia | 1.3 years | 2006 | ||
=131 | BotswanaBotswana | 1.3 years | 2006 | ||
=133 | GermanyGermany | 1.2 years | 2006 | ||
=133 | ItalyItaly | 1.2 years | 2006 | ||
Group of 7 countries (G7) averageGroup of 7 countries (G7) average (profile) | 1.17 years | 2006 | |||
=135 | AustriaAustria | 1.1 years | 2006 | ||
=135 | JamaicaJamaica | 1.1 years | 2006 | ||
=135 | Hong KongHong Kong | 1.1 years | 2006 | ||
=138 | IcelandIceland | 1 years | 2006 | ||
=138 | Solomon IslandsSolomon Islands | 1 years | 2006 | ||
=138 | SpainSpain | 1 years | 2006 | ||
=138 | United KingdomUnited Kingdom | 1 years | 2006 | ||
=138 | BelizeBelize | 1 years | 2006 | ||
=138 | AustraliaAustralia | 1 years | 2006 | ||
=138 | PalauPalau | 1 years | 2006 | ||
=145 | BelgiumBelgium | 0.9 years | 2006 | ||
=145 | FinlandFinland | 0.9 years | 2006 | ||
=145 | NorwayNorway | 0.9 years | 2006 | ||
=148 | SingaporeSingapore | 0.8 years | 2006 | ||
=148 | CanadaCanada | 0.8 years | 2006 | ||
150 | JapanJapan | 0.6 years | 2006 | ||
151 | IrelandIreland | 0.4 years | 2006 |