In 2019, business insolvencies in Turkey took the longest to resolve, with an average time to resolve of five years. This compares to an average of 1.7 years in China and one year in the United States.
Average time to resolve business insolvencies in the countries with the most insolvencies in 2019, by country
(in years)
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World Bank. (April 9, 2020). Average time to resolve business insolvencies in the countries with the most insolvencies in 2019, by country (in years) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1116463/business-insolvencies-time-resolve-country/
World Bank. "Average time to resolve business insolvencies in the countries with the most insolvencies in 2019, by country (in years)." Chart. April 9, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1116463/business-insolvencies-time-resolve-country/
World Bank. (2020). Average time to resolve business insolvencies in the countries with the most insolvencies in 2019, by country (in years). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1116463/business-insolvencies-time-resolve-country/
World Bank. "Average Time to Resolve Business Insolvencies in The Countries with The Most Insolvencies in 2019, by Country (in Years)." Statista, Statista Inc., 9 Apr 2020, https://www.statista.com/statistics/1116463/business-insolvencies-time-resolve-country/
World Bank, Average time to resolve business insolvencies in the countries with the most insolvencies in 2019, by country (in years) Statista, https://www.statista.com/statistics/1116463/business-insolvencies-time-resolve-country/ (last visited December 30, 2024)
Average time to resolve business insolvencies in the countries with the most insolvencies in 2019, by country (in years) [Graph], World Bank, April 9, 2020. [Online]. Available: https://www.statista.com/statistics/1116463/business-insolvencies-time-resolve-country/
