The time it takes to resolve business insolvencies has been gradually decreasing over the last two decades, with the global average time to resolution sitting at 2.47 years in 2019. This compares to an average of 2.77 years in 2003.
Average time to resolve business insolvencies worldwide from 2003 to 2019 (in years)
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Statistics on Corporate insolvencies worldwide
Overview
6
- Premium Statistic Annual growth in global business insolvencies by region 2008-2023
- Premium Statistic Forecasted number of business insolvencies 2022, by country
- Premium Statistic Number of major business insolvencies by industry 2019
- Premium Statistic Average time to resolve business insolvencies worldwide 2003-2019
- Premium Statistic Average time to resolve business insolvencies by income level 2003-2019
- Premium Statistic Average time to resolve business insolvencies by country 2019
North America
6
- Premium Statistic U.S. number of business bankruptcy filings nationwide 2000-2022
- Premium Statistic U.S. bankruptcy filings 2022, by state
- Premium Statistic Share of business bankruptcies in the U.S. by industry 2014-2021
- Basic Statistic Largest bankruptcies in the U.S. as of March 2023, by assets
- Premium Statistic Business insolvencies in Canada 2021, by NAICS category
- Premium Statistic Business insolvencies in Canada by assets and liabilities 2012-2019
Europe
6
- Premium Statistic Forecasted number of business insolvencies in Europe 2021
- Premium Statistic Number of corporate insolvencies in CEE 2015-2019, by country
- Premium Statistic Business bankruptcies in France 2000-2021
- Premium Statistic Number of business insolvencies in Germany 2020-2021, by sector
- Basic Statistic Number of company insolvencies in England and Wales 2019-2023, by type
- Basic Statistic Bankruptcies after COVID-19 and rising inflation in Sweden 2020-2022, by industry
Asia-Pacific
6
- Basic Statistic Number of business insolvencies in China 2007-2022
- Premium Statistic Number of corporate bankruptcies Japan 2021, by industry
- Premium Statistic Number of business insolvencies in South Korea 1990-2021
- Premium Statistic Number of business insolvencies in Australia 2014-2021
- Premium Statistic Number of business insolvencies in Australia by industry 2021
- Premium Statistic Number of corporate bankruptcies Japan 2013-2021
Developing economies
3
Further related statistics
12
- Average time to resolve business insolvencies by region 2019
- Personal and company bankruptcy rates in the United States in 2010 and 2011
- Number of retail trade enterprise bankruptcies in Sweden 2009-2018
- Italy: number of company insolvencies by region 2017
- Italy: distribution of company insolvencies by region 2017
- Bankruptcy proceedings in Finland 1995-2021
- Receiverships in the construction industry in the United Kingdom (UK) 2012-2015
- Number of real estate insolvencies in England and Wales 2019-2022
- Number of public administration services insolvencies in England and Wales 2019-2022
- Finland: companies affected by bankruptcy petitions in Finland 2007-2017
- Number of business bankruptcy filings in Delaware, 2011-2019
- Number of business bankruptcy filings in Ohio, 2011-2019
Further Content: You might find this interesting as well
Statistics
- Average time to resolve business insolvencies by region 2019
- Personal and company bankruptcy rates in the United States in 2010 and 2011
- Number of retail trade enterprise bankruptcies in Sweden 2009-2018
- Italy: number of company insolvencies by region 2017
- Italy: distribution of company insolvencies by region 2017
- Bankruptcy proceedings in Finland 1995-2021
- Receiverships in the construction industry in the United Kingdom (UK) 2012-2015
- Number of real estate insolvencies in England and Wales 2019-2022
- Number of public administration services insolvencies in England and Wales 2019-2022
- Finland: companies affected by bankruptcy petitions in Finland 2007-2017
- Number of business bankruptcy filings in Delaware, 2011-2019
- Number of business bankruptcy filings in Ohio, 2011-2019
World Bank. (April 9, 2020). Average time to resolve business insolvencies worldwide from 2003 to 2019 (in years) [Graph]. In Statista. Retrieved March 23, 2023, from https://www.statista.com/statistics/1116458/business-insolvencies-time-resolve-worldwide/
World Bank. "Average time to resolve business insolvencies worldwide from 2003 to 2019 (in years)." Chart. April 9, 2020. Statista. Accessed March 23, 2023. https://www.statista.com/statistics/1116458/business-insolvencies-time-resolve-worldwide/
World Bank. (2020). Average time to resolve business insolvencies worldwide from 2003 to 2019 (in years). Statista. Statista Inc.. Accessed: March 23, 2023. https://www.statista.com/statistics/1116458/business-insolvencies-time-resolve-worldwide/
World Bank. "Average Time to Resolve Business Insolvencies Worldwide from 2003 to 2019 (in Years)." Statista, Statista Inc., 9 Apr 2020, https://www.statista.com/statistics/1116458/business-insolvencies-time-resolve-worldwide/
World Bank, Average time to resolve business insolvencies worldwide from 2003 to 2019 (in years) Statista, https://www.statista.com/statistics/1116458/business-insolvencies-time-resolve-worldwide/ (last visited March 23, 2023)
Average time to resolve business insolvencies worldwide from 2003 to 2019 (in years) [Graph], World Bank, April 9, 2020. [Online]. Available: https://www.statista.com/statistics/1116458/business-insolvencies-time-resolve-worldwide/