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Average time to resolve business insolvencies by country 2019

Published by Statista Research Department, Sep 29, 2022
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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Source

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Release date

April 2020

Region

Worldwide

Survey time period

2019

Supplementary notes

A list of countries with the most business insolvencies can be found here.

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Statistics on " Corporate insolvencies worldwide "

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Statistics on Corporate insolvencies worldwide

Overview

6

North America

6

Europe

6

Asia-Pacific

6

Developing economies

3

Further related statistics

13

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Topics

Corporate insolvencies worldwideNational debtPersonal debt in the U.S.Corporate insurance Global corporate debt
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