High income OECD 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 | Slovakia | 4 | 2013 | ||
2 | Greece | 3.5 | 2013 | ||
3 | Chile | 3.2 | 2013 | ||
=4 | Poland | 3 | 2013 | ||
=4 | Switzerland | 3 | 2013 | ||
=4 | Estonia | 3 | 2013 | ||
7 | Czech Republic | 2.1 | 2013 | ||
=8 | Luxembourg | 2 | 2013 | ||
=8 | Israel | 2 | 2013 | ||
=8 | Slovenia | 2 | 2013 | ||
=8 | Portugal | 2 | 2013 | ||
=8 | Sweden | 2 | 2013 | ||
13 | France | 1.9 | 2013 | ||
14 | Italy | 1.8 | 2013 | ||
=15 | South Korea | 1.5 | 2013 | ||
=15 | Spain | 1.5 | 2013 | ||
=15 | United States | 1.5 | 2013 | ||
18 | New Zealand | 1.3 | 2013 | ||
19 | Germany | 1.2 | 2013 | ||
=20 | Netherlands | 1.1 | 2013 | ||
=20 | Austria | 1.1 | 2013 | ||
=22 | Australia | 1 | 2013 | ||
=22 | Denmark | 1 | 2013 | ||
=22 | United Kingdom | 1 | 2013 | ||
=22 | Iceland | 1 | 2013 | ||
=26 | Finland | 0.9 | 2013 | ||
=26 | Norway | 0.9 | 2013 | ||
=26 | Belgium | 0.9 | 2013 | ||
29 | Canada | 0.8 | 2013 | ||
30 | Japan | 0.6 | 2013 | ||
31 | Ireland | 0.4 | 2013 |