Slovak Republic - Time to resolve insolvency

Time to resolve insolvency (years)

Time to resolve insolvency (years) in Slovak Republic was 4.00 as of 2011. Its highest value over the past 8 years was 4.80 in 2005, while its lowest value was 4.00 in 2006.

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 4.80
2004 4.80
2005 4.80
2006 4.00
2007 4.00
2008 4.00
2009 4.00
2010 4.00
2011 4.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment