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