In 2019, business insolvencies in Turkey took the longest to resolve, with an average time to resolve of five years. This compares to an average of *** years in China and *** year in the United States.
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World Bank. (April 9, 2020). Average time to resolve business insolvencies in the countries with the most insolvencies in 2019, by country (in years) [Graph]. In Statista. Retrieved July 15, 2025, from https://www.statista.com/statistics/1116463/business-insolvencies-time-resolve-country/
World Bank. "Average time to resolve business insolvencies in the countries with the most insolvencies in 2019, by country (in years)." Chart. April 9, 2020. Statista. Accessed July 15, 2025. https://www.statista.com/statistics/1116463/business-insolvencies-time-resolve-country/
World Bank. (2020). Average time to resolve business insolvencies in the countries with the most insolvencies in 2019, by country (in years). Statista. Statista Inc.. Accessed: July 15, 2025. https://www.statista.com/statistics/1116463/business-insolvencies-time-resolve-country/
World Bank. "Average Time to Resolve Business Insolvencies in The Countries with The Most Insolvencies in 2019, by Country (in Years)." Statista, Statista Inc., 9 Apr 2020, https://www.statista.com/statistics/1116463/business-insolvencies-time-resolve-country/
World Bank, Average time to resolve business insolvencies in the countries with the most insolvencies in 2019, by country (in years) Statista, https://www.statista.com/statistics/1116463/business-insolvencies-time-resolve-country/ (last visited July 15, 2025)
Average time to resolve business insolvencies in the countries with the most insolvencies in 2019, by country (in years) [Graph], World Bank, April 9, 2020. [Online]. Available: https://www.statista.com/statistics/1116463/business-insolvencies-time-resolve-country/
