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Average time to resolve business insolvencies worldwide from 2003 to 2019, by income level (in years)

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Source

Release date

April 2020

Region

Worldwide

Survey time period

2003 to 2019

Citation formats

Average time to resolve business insolvencies by income level 2003-2019

Published by Agne Blazyte, May 13, 2020
A country's income level is correlated with the amount of time it takes to resolve business insolvencies, with low income countries taking an average of **** years to resolve business insolvencies in 2019. This compares to an average of **** years in high income countries at this time, and **** years in middle income countries.
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Topics

Corporate insolvencies worldwideNational debt of the U.S.Global economyPersonal debt in the U.S.Public debt in Latin America
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