Armenia - Time to resolve insolvency

Time to resolve insolvency (years)

Time to resolve insolvency (years) in Armenia was 1.90 as of 2012. Its highest value over the past 9 years was 1.90 in 2012, while its lowest value was 1.90 in 2003.

Definition: Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2003 1.90
2004 1.90
2005 1.90
2006 1.90
2007 1.90
2008 1.90
2009 1.90
2010 1.90
2011 1.90
2012 1.90

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment