Time to resolve insolvency (years) - Business environment - Private Sector & Trade - World Development Indicators

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Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.

Rank	Country	Value
Time to resolve insolvency (years) - Business environment - Private Sector & Trade - World Development Indicators (2009)
1	Mauritania	8
2	India	7
3	Maldives	6.70
4	Czech Republic	6.50
5	Angola	6.20
6	Belarus	5.80
7	Haiti	5.70
8	Philippines	5.70
9	Indonesia	5.50
10	Ecuador	5.30
11	Micronesia	5.30
12	Democratic Republic of the Congo	5.20
13	United Arab Emirates	5.10
14	Suriname	5
15	Nepal	5
16	Djibouti	5
17	Niger	5
18	Vietnam	5
19	Bahamas	5
20	Gabon	5
21	Mozambique	5
22	Central African Republic	4.80
23	South Asia	4.53
24	Kenya	4.50
25	Iran	4.50
26	Chile	4.50
27	Jordan	4.30
28	Egypt	4.20
29	Kuwait	4.20
30	Syria	4.10
31	Kyrgyzstan	4
32	El Salvador	4
33	Benin	4
34	Burkina Faso	4
35	Bangladesh	4
36	Israel	4
37	Oman	4
38	Mongolia	4
39	Lebanon	4
40	Venezuela	4
41	Uzbekistan	4
42	Brazil	4
43	Slovakia	4
44	Paraguay	3.90
45	Least developed countries: UN classification	3.86
46	Low income	3.83
47	Guinea	3.80
48	Russia	3.80
49	Honduras	3.80
50	Puerto Rico	3.80
51	Mali	3.60
52	Heavily indebted poor countries (HIPC)	3.53
53	Costa Rica	3.50
54	Dominican Republic	3.50
55	Middle East & North Africa	3.47
56	Sub-Saharan Africa	3.36
57	Romania	3.30
58	Bulgaria	3.30
59	Turkey	3.30
60	Bosnia and Herzegovina	3.30
61	Georgia	3.30
62	Zimbabwe	3.30
63	Low & middle income	3.28
64	Lower middle income	3.26
65	Cameroon	3.20
66	Latin America & Caribbean	3.19
67	Peru	3.10
68	Croatia	3.10
69	Middle income	3.08
70	East Asia & Pacific	3.05
71	Switzerland	3
72	Guatemala	3
73	Antigua and Barbuda	3
74	Papua New Guinea	3
75	Senegal	3
76	Togo	3
77	Latvia	3
78	Ethiopia	3
79	Gambia	3
80	Yemen	3
81	Tanzania	3
82	Republic of the Congo	3
83	Colombia	3
84	Tajikistan	3
85	Estonia	3
86	Europe & Central Asia	3
87	Guyana	3
88	Liberia	3
89	Poland	3
90	Ukraine	2.90
91	Macedonia	2.90
92	High income: nonOECD	2.88
93	Upper middle income	2.86
94	Argentina	2.80
95	Qatar	2.80
96	Moldova	2.80
97	Pakistan	2.80
98	Tonga	2.70
99	Azerbaijan	2.70
100	Serbia	2.70
101	Thailand	2.70
102	Zambia	2.70
103	Sierra Leone	2.60
104	Vanuatu	2.60
105	Lesotho	2.60
106	Malawi	2.60
107	Bahrain	2.50
108	Algeria	2.50
109	Samoa	2.50
110	Panama	2.50
111	Brunei Darussalam	2.50
112	Malaysia	2.30
113	Uganda	2.20
114	Ivory Coast	2.20
115	Nicaragua	2.20
116	High income	2.14
117	Uruguay	2.10
118	Portugal	2
119	South Africa	2
120	Marshall Islands	2
121	Greece	2
122	Luxembourg	2
123	Slovenia	2
124	St. Lucia	2
125	Kosovo	2
126	Sweden	2
127	Montenegro	2
128	Nigeria	2
129	Swaziland	2
130	Hungary	2
131	Armenia	1.90
132	France	1.90
133	Ghana	1.90
134	Fiji	1.80
135	Italy	1.80
136	Mexico	1.80
137	Morocco	1.80
138	Bolivia	1.80
139	Mauritius	1.70
140	China	1.70
141	Botswana	1.70
142	Sri Lanka	1.70
143	High income: OECD	1.65
144	Euro area	1.59
145	Lithuania	1.50
146	Kazakhstan	1.50
147	North Korea	1.50
148	Saudi Arabia	1.50
149	South Korea	1.50
150	Namibia	1.50
151	Cyprus	1.50
152	United States	1.50
153	New Zealand	1.30
154	Tunisia	1.30
155	Germany	1.20
156	Austria	1.10
157	Netherlands	1.10
158	Jamaica	1.10
159	Denmark	1.10
160	Hong Kong	1.10
161	Australia	1
162	Iceland	1
163	Solomon Islands	1
164	Spain	1
165	United Kingdom	1
166	Palau	1
167	Belize	1
168	Belgium	0.90
169	Norway	0.90
170	Finland	0.90
171	Singapore	0.80
172	Canada	0.80
173	Japan	0.60
174	Ireland	0.40

Country Comparison Graph

Encyclopedia of the Nations

Time to resolve insolvency (years) - Business environment - Private Sector & Trade - World Development Indicators

Rank

Country

Value