Strength of insolvency framework index (0-16) in Finland was reported at 14.5 0-16 in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources. Finland - Strength of insolvency framework index (0-16) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2022.

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 finland strength of insolvency framework index 0 16 wb data

Strength of the insolvency framework index measures whether economies implemented best international practices in the areas of commencement of insolvency proceedings, management of debtor’s assets during the proceedings, reorganization proceedings and creditor participation. The index ranges from 0 to 16, with higher values indicating insolvency legislation that is better designed for rehabilitating viable firms and liquidating nonviable ones.

Finland | World Bank Development Indicators