New Zealand - Time to resolve insolvency

Time to resolve insolvency (years)

Time to resolve insolvency (years) in New Zealand was 1.30 as of 2011. Its highest value over the past 8 years was 1.30 in 2011, while its lowest value was 1.30 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 1.30
2004 1.30
2005 1.30
2006 1.30
2007 1.30
2008 1.30
2009 1.30
2010 1.30
2011 1.30

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment