Heavily indebted countries Compared by Government > Red tape > Time to resolve insolvency > Years
DEFINITION:
Time to resolve insolvency (years). 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 | Sao Tome and Principe | 6.2 | 2013 | ||
| 2 | Egypt | 4.2 | 2013 | ||
| 3 | Dominica | 4 | 2013 | ||
| 4 | Greece | 3.5 | 2013 | ||
| 5 | Zimbabwe | 3.3 | 2013 | ||
| =6 | Malta | 3 | 2013 | ||
| =6 | Antigua and Barbuda | 3 | 2013 | ||
| =6 | Jordan | 3 | 2013 | ||
| =6 | Lebanon | 3 | 2013 | ||
| 10 | Malawi | 2.6 | 2013 | ||
| 11 | Puerto Rico | 2.5 | 2013 | ||
| =12 | Seychelles | 2 | 2013 | ||
| =12 | Saint Lucia | 2 | 2013 | ||
| =12 | Serbia | 2 | 2013 | ||
| =12 | Hungary | 2 | 2013 | ||
| =12 | Israel | 2 | 2013 | ||
| =12 | Sudan | 2 | 2013 | ||
| =12 | Portugal | 2 | 2013 | ||
| 19 | France | 1.9 | 2013 | ||
| =20 | Italy | 1.8 | 2013 | ||
| =20 | Morocco | 1.8 | 2013 | ||
| =20 | Barbados | 1.8 | 2013 | ||
| 23 | Sri Lanka | 1.7 | 2013 | ||
| =24 | United States | 1.5 | 2013 | ||
| =24 | Cyprus | 1.5 | 2013 | ||
| =24 | Spain | 1.5 | 2013 | ||
| 27 | Germany | 1.2 | 2013 | ||
| =28 | Austria | 1.1 | 2013 | ||
| =28 | Jamaica | 1.1 | 2013 | ||
| =28 | Netherlands | 1.1 | 2013 | ||
| =31 | Iceland | 1 | 2013 | ||
| =31 | United Kingdom | 1 | 2013 | ||
| =31 | Belize | 1 | 2013 | ||
| 34 | Belgium | 0.9 | 2013 | ||
| =35 | Singapore | 0.8 | 2013 | ||
| =35 | Canada | 0.8 | 2013 | ||
| 37 | Japan | 0.6 | 2013 | ||
| 38 | Ireland | 0.4 | 2013 |
Citation
Interesting observations about Government > Red tape > Time to resolve insolvency > Years
- Sao Tome and Principe ranked first for red tape > time to resolve insolvency > years amongst Sub-Saharan Africa in 2013.
- 66 of the bottom 116 countries by red tape > time to resolve insolvency > years are Christian.
- 57 of the bottom 131 countries by red tape > time to resolve insolvency > years are Hot countries.
- 31 of the bottom 168 countries by red tape > time to resolve insolvency > years are Catholic.
- 19 of the bottom 160 countries by red tape > time to resolve insolvency > years are Former French colonies'.
- 2 of the bottom 3 countries by red tape > time to resolve insolvency > years are East Asian and Pacific.