Average time to resolve business insolvencies by region 2019

Published by Statista Research Department, Aug 5, 2022
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)

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Release date

April 2020

Region

Worldwide

Survey time period

2019

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