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Time to Resolve Insolvency in Philippines

Source: World Bank
Last Updated: December 30, 2020

Time to resolve insolvency reached 2.70 years in 2019 in Philippines, according to the National Statistical Office. This is 0% more than in the previous year.

Historically, time to resolve insolvency in Philippines reached an all time high of 5.70 years in 2011 and an all time low of 2.70 years in 2019.

Philippines has been ranked 62nd within the group of 155 countries we follow in terms of time to resolve insolvency.

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