×

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

#
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

Citation

Government > Time to resolve insolvency > Years: Countries Compared Map

NationMaster
+

Interesting observations about Government > Time to resolve insolvency > Years

Follow us on Facebook to get interesting stats:

Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add www.nationmaster.com to your ad blocking whitelist or disable your adblocking software.

×