In 2019, business insolvencies were resolved much more quickly in North America than any other region, taking an average of 0.9 years to resolve. This compares to an average of over two years in all other regions - with Sub-Saharan Africa being the longest at 2.91 years.
Average time to resolve business insolvencies worldwide in 2019, by region (in years)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$229 USD $199 USD / Month *
in the first 12 months
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Statistics on
About the industry
10
- Premium Statistic Annual growth in global business insolvencies by region 2008-2023
- Premium Statistic Number of liquidations in South Africa, by industry and type 2022
- Basic Statistic Number of business insolvencies in selected developing economies 2007-2021
- Premium Statistic Number of CIRPs in India 2020, by industry
- Premium Statistic Average time to resolve business insolvencies worldwide 2003-2019
- Premium Statistic Average time to resolve business insolvencies by country 2019
- Premium Statistic Average time to resolve business insolvencies by income level 2003-2019
- Premium Statistic Number of major business insolvencies by industry 2019
- Premium Statistic Number of business insolvencies in South Korea 1990-2021
- Premium Statistic Forecasted number of business insolvencies 2022, by country
About the region
10
- Premium Statistic Number of Marks & Spencer stores 2010-2023, by region
- Basic Statistic ESPRIT retail sales share by country 2022
- Basic Statistic Global share of adidas retail sales in 2022, by region
- Premium Statistic Saint-Gobain: revenue 2022, by region
- Premium Statistic Tyson Foods' global workforce 2022, by region
- Basic Statistic adidas Group - revenue from H1 2020 to H1 2022, by region
- Basic Statistic Company hiring rates of MBA graduates 2008-2022
- Premium Statistic Comparison of companies hiring MBA graduates by industry 2020-2022
- Premium Statistic Comparison of companies hiring Master of Management grads by industry 2020-2023
- Premium Statistic Share of M&A deal value globally 1991-2021, by region
Selected statistics
2
Other regions
10
- Premium Statistic Number of business insolvencies in Australia 2014-2021
- Premium Statistic U.S. share of business bankruptcies 2014-2021, by industry
- Premium Statistic Number of business insolvencies in Japan 2007-2019
- Basic Statistic Number of business insolvencies in China 2007-2022
- Premium Statistic Business insolvencies in Canada 2021, by NAICS category
- Premium Statistic Number of business bankruptcy filings in North Dakota, 2011-2019
- Premium Statistic Number of business bankruptcy filings in New Mexico, 2011-2019
- Premium Statistic Number of business bankruptcy filings in Mississippi, 2011-2019
- Premium Statistic Number of business bankruptcy filings in Puerto Rico, 2011-2019
- Premium Statistic Number of business bankruptcy filings in Utah, 2011-2019
Related statistics
10
- Premium Statistic Number of business insolvencies in Australia by industry 2021
- Premium Statistic Expected starting salary for business school graduates globally by degree 2022
- Premium Statistic Number of self-employed people in Denmark 2019, by region
- Premium Statistic Positions available for MBA graduates by world region and business area 2019
- Basic Statistic Expected starting salary for MBA graduates in 2015, by world region
- Premium Statistic Recruiter selection of business school graduates for interview in 2014
- Premium Statistic Employer criteria when selecting business schools for on-campus recruitment 2011
- Premium Statistic Expected starting salary for MBA graduates from U.S. companies 2002-2012
- Premium Statistic Expected starting salary for MBA graduates in the U.S. in 2012, by industry
- Premium Statistic Employer recruitment strategies for business school graduates in 2012
Further related statistics
10
- Skills and qualities considered by recruiters of business school graduates 2011
- NortonLifeLock: net revenue 2012-2023, by region
- Net sales of GameStop worldwide 2010-2022, by region
- Mondelez International's global workforce by region 2012-2022
- Adidas Group's global net sales from 2002 to 2022, by product category
- The adidas Group's global footwear production from 2008-2022
- Profit development of Santander group 2001-2022
- Global oil production share 2010-2022, by region
- Distribution of Ahold Delhaize Group's global net sales by region 2016-2022
- Forecast: global data center IP traffic 2013-2021, by segment
Further Content: You might find this interesting as well
Statistics
- Skills and qualities considered by recruiters of business school graduates 2011
- NortonLifeLock: net revenue 2012-2023, by region
- Net sales of GameStop worldwide 2010-2022, by region
- Mondelez International's global workforce by region 2012-2022
- Adidas Group's global net sales from 2002 to 2022, by product category
- The adidas Group's global footwear production from 2008-2022
- Profit development of Santander group 2001-2022
- Global oil production share 2010-2022, by region
- Distribution of Ahold Delhaize Group's global net sales by region 2016-2022
- Forecast: global data center IP traffic 2013-2021, by segment
World Bank. (April 9, 2020). Average time to resolve business insolvencies worldwide in 2019, by region (in years) [Graph]. In Statista. Retrieved October 01, 2023, from https://www.statista.com/statistics/1116448/business-insolvencies-time-resolve-region/
World Bank. "Average time to resolve business insolvencies worldwide in 2019, by region (in years)." Chart. April 9, 2020. Statista. Accessed October 01, 2023. https://www.statista.com/statistics/1116448/business-insolvencies-time-resolve-region/
World Bank. (2020). Average time to resolve business insolvencies worldwide in 2019, by region (in years). Statista. Statista Inc.. Accessed: October 01, 2023. https://www.statista.com/statistics/1116448/business-insolvencies-time-resolve-region/
World Bank. "Average Time to Resolve Business Insolvencies Worldwide in 2019, by Region (in Years)." Statista, Statista Inc., 9 Apr 2020, https://www.statista.com/statistics/1116448/business-insolvencies-time-resolve-region/
World Bank, Average time to resolve business insolvencies worldwide in 2019, by region (in years) Statista, https://www.statista.com/statistics/1116448/business-insolvencies-time-resolve-region/ (last visited October 01, 2023)
Average time to resolve business insolvencies worldwide in 2019, by region (in years) [Graph], World Bank, April 9, 2020. [Online]. Available: https://www.statista.com/statistics/1116448/business-insolvencies-time-resolve-region/