Estonia vs Georgia: Resolving insolvency: Commencement of proceedings index (0-3)

Estonia
2.5 DB15-20 methodology
in 2019
Georgia
2.5 DB15-20 methodology
in 2019
Estonia rank
52nd
Georgia rank
52nd

Resolving insolvency: Commencement of proceedings index (0-3) over time

  • Estonia
  • Georgia
00.511.522.5200320112019

How they compare

Estonia currently reports 2.5 DB15-20 methodology against 2.5 DB15-20 methodology in Georgia, a difference of 0 DB15-20 methodology.

The two have swapped places 2 times across 17 shared years of data; in 2003 it was Georgia ahead.

Estonia ranks 52nd and Georgia ranks 52nd of 191 countries.

Across the 2 decades both report, Estonia averaged higher in 1 and Georgia in 1.

Head to head by decade

Decade Estonia Georgia Difference Ahead
2000s 2.07 DB15-20 methodology 2.21 DB15-20 methodology 0.1429 DB15-20 methodology Georgia
2010s 2.5 DB15-20 methodology 1.8 DB15-20 methodology 0.7 DB15-20 methodology Estonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher resolving insolvency: commencement of proceedings index (0-3), Estonia or Georgia?
Estonia, at 2.5 DB15-20 methodology against 2.5 DB15-20 methodology in Georgia as of 2019.
What is the difference in resolving insolvency: commencement of proceedings index (0-3) between Estonia and Georgia?
0 DB15-20 methodology, with Estonia ahead.
How many years of comparable data are there for Estonia and Georgia?
17 years are reported by both, from 2003 to 2019.
How do Estonia and Georgia rank globally for resolving insolvency: commencement of proceedings index (0-3)?
Estonia ranks 52nd and Georgia ranks 52nd of 191 countries.
Where does this data come from?
The World Bank, published as Resolving insolvency: Commencement of proceedings index (0-3) (DB15-20 methodology). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Estonia vs Georgia: Resolving insolvency: Commencement of proceedings index (0-3). Statizoid. Retrieved 29 August 2026, from https://reference.statizoid.com/compare/resolving-insolvency-commencement-of-proceedings-index-0-3-db15-20-methodology/estonia/georgia/

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<a href="https://reference.statizoid.com/compare/resolving-insolvency-commencement-of-proceedings-index-0-3-db15-20-methodology/estonia/georgia/">Estonia vs Georgia: Resolving insolvency: Commencement of proceedings index (0-3)</a> — Statizoid

About this data

Indicator
Resolving insolvency: Commencement of proceedings index (0-3) (DB15-20 methodology)
Unit
DB15-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 3,247 data points, 2003–2019
Last refreshed

The commencement of proceedings index has three components: (i) whether debtors can initiate both liquidation and reorganization proceedings; (ii) whether creditors can initiate both liquidation and reorganization proceedings; and (iii) what standard is used for commence­ment of insolvency proceedings.