economic2024

Operational efficiency of business insolvency proceedings

Name: Operational efficiency of business insolvency proceedings
Creator: World Bank World Development Indicators
Keywords: trending-statistics-research, daily-10, business-insolvency-efficiency

Compare operational efficiency of business insolvency proceedings across 50 ISO-mapped countries or territories using one fixed 2024 official-source slice.

Source: World Bank World Development Indicators•50 countries

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Key Insights

Global Average

55.5score from 0 (low) to 100 (high)

Median: 59.9score from 0 (low) to 100 (high)

Countries Covered

50

with available data

Highest

Singapore

99.3score from 0 (low) to 100 (high)

Lowest

Cambodia

0.0score from 0 (low) to 100 (high)

Top 5 Countries

1Singapore99.3score from 0 (low) to 100 (high)

2Rwanda98.5score from 0 (low) to 100 (high)

3Estonia98.0score from 0 (low) to 100 (high)

4Georgia98.0score from 0 (low) to 100 (high)

5Portugal91.5score from 0 (low) to 100 (high)

By Region

Key Findings

•50 ISO-mapped countries or territories have a finite 2024 observation.
•Singapore has the highest published value (99.25 score from 0 (low) to 100 (high)).
•Cambodia has the lowest published value (0 score from 0 (low) to 100 (high)).

Country Rankings

Top 10 Countries

Bottom 10 Countries

Data Analysis

Value Distribution

How countries are distributed across the value range

Low (0.0score from 0 (low) to 100 (high))High (99.3score from 0 (low) to 100 (high))

Regional Comparison

Average values by world region (Global avg: 55.5score from 0 (low) to 100 (high))

About This Statistic

B-READY focuses on ten topics that are organized following the life cycle of the firm and its participation in the market while opening, operating (or expanding), and closing (or reorganizing) a business. The Business Insolvency topic measures key features of insolvency systems on a regulatory level. It also assesses the institutional and operational infrastructure associated with insolvency proceedings (judicial services), as well as the operational efficiency of insolvency proceedings across three different dimensions, or pillars. The third pillar measures the time and cost required to resolve in-court liquidation and reorganization proceedings.

MapTheory retains one fixed year, unit and explicit source slice. Only finite ISO-mapped observations are included; aggregates, missing values, non-ISO geographies and conflicting duplicates are excluded. No values are estimated or imputed by MapTheory.

Methodology

B-READY focuses on ten topics that are organized following the life cycle of the firm and its participation in the market while opening, operating (or expanding), and closing (or reorganizing) a business. The Business Insolvency topic measures key features of insolvency systems on a regulatory level. It also assesses the institutional and operational infrastructure associated with insolvency proceedings (judicial services), as well as the operational efficiency of insolvency proceedings across three different dimensions, or pillars. The third pillar measures the time and cost required to resolve in-court liquidation and reorganization proceedings.

Full Data

Rank ↑	Country ↕	Value ↕
1	Singapore	99.3score from 0 (low) to 100 (high)
2	Rwanda	98.5score from 0 (low) to 100 (high)
3	Estonia	98.0score from 0 (low) to 100 (high)
4	Georgia	98.0score from 0 (low) to 100 (high)
5	Portugal	91.5score from 0 (low) to 100 (high)
6	Bosnia and Herzegovina	90.8score from 0 (low) to 100 (high)
7	Nepal	90.0score from 0 (low) to 100 (high)
8	New Zealand	87.0score from 0 (low) to 100 (high)
9	Republic of The Gambia	86.8score from 0 (low) to 100 (high)
10	Seychelles	83.5score from 0 (low) to 100 (high)
11	Peru	83.3score from 0 (low) to 100 (high)
12	Montenegro	81.0score from 0 (low) to 100 (high)
13	Kyrgyzstan	78.5score from 0 (low) to 100 (high)
14	Mauritius	73.3score from 0 (low) to 100 (high)
15	Pakistan	73.3score from 0 (low) to 100 (high)
16	Croatia	72.0score from 0 (low) to 100 (high)
17	Slovakia	70.0score from 0 (low) to 100 (high)
18	Indonesia	67.0score from 0 (low) to 100 (high)
19	The Republic of North Macedonia	66.5score from 0 (low) to 100 (high)
20	Bangladesh	66.0score from 0 (low) to 100 (high)
21	Bulgaria	65.3score from 0 (low) to 100 (high)
22	Colombia	64.8score from 0 (low) to 100 (high)
23	Cote d'Ivoire	64.8score from 0 (low) to 100 (high)
24	Ghana	61.3score from 0 (low) to 100 (high)
25	Mexico	61.0score from 0 (low) to 100 (high)
26	Hungary	58.8score from 0 (low) to 100 (high)
27	Romania	53.5score from 0 (low) to 100 (high)
28	Lesotho	53.0score from 0 (low) to 100 (high)
29	Morocco	52.3score from 0 (low) to 100 (high)
30	Vietnam	51.3score from 0 (low) to 100 (high)
31	Togo	50.3score from 0 (low) to 100 (high)
32	Hong Kong	49.0score from 0 (low) to 100 (high)
33	Philippines	46.3score from 0 (low) to 100 (high)
34	Barbados	46.0score from 0 (low) to 100 (high)
35	United Republic of Tanzania	45.8score from 0 (low) to 100 (high)
36	Paraguay	44.5score from 0 (low) to 100 (high)
37	Botswana	44.5score from 0 (low) to 100 (high)
38	Sierra Leone	44.0score from 0 (low) to 100 (high)
39	Chad	43.5score from 0 (low) to 100 (high)
40	Madagascar	41.8score from 0 (low) to 100 (high)
41	Samoa	24.5score from 0 (low) to 100 (high)
42	Greece	24.3score from 0 (low) to 100 (high)
43	Central African Republic	16.0score from 0 (low) to 100 (high)
44	El Salvador	14.3score from 0 (low) to 100 (high)
45	Cambodia	0.0score from 0 (low) to 100 (high)
46	Costa Rica	0.0score from 0 (low) to 100 (high)
47	State of Palestine	0.0score from 0 (low) to 100 (high)
48	Iraq	0.0score from 0 (low) to 100 (high)
49	Vanuatu	0.0score from 0 (low) to 100 (high)
50	Timor-Leste	0.0score from 0 (low) to 100 (high)

Showing 50 of 50 countries

Topics

Data Source

This data comes from World Bank World Development Indicators (2024).

View Original Source