Time to resolve insolvency (years) in Latin America & the Caribbean (IDA & IBRD countries) was reported at 2.9192 years in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Latin America & the Caribbean (IDA & IBRD countries) - Time to resolve insolvency (years) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2020.

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Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.

Latin America & the Caribbean (IDA & IBRD countries) | Private Sector