Philippines - Time to resolve insolvency

Time to resolve insolvency (years)

Time to resolve insolvency (years) in Philippines was 5.70 as of 2011. Its highest value over the past 8 years was 5.70 in 2011, while its lowest value was 5.70 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:

• Thematic map
• Country comparison
• Country ranking

Year	Value
2003	5.70
2004	5.70
2005	5.70
2006	5.70
2007	5.70
2008	5.70
2009	5.70
2010	5.70
2011	5.70

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment