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Average time to resolve business insolvencies worldwide 2003-2019

Published by Statista Research Department, Nov 26, 2020
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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Release date

April 2020

Region

Worldwide

Survey time period

2003 to 2019

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