Greece vs Iceland: Resolving insolvency: Commencement of proceedings index (0-3)
Greece
2.5 DB15-20 methodology
in 2019
Iceland
2.5 DB15-20 methodology
in 2019
Greece rank
52nd
Iceland rank
52nd
Resolving insolvency: Commencement of proceedings index (0-3) over time
- Greece
- Iceland
How they compare
Greece currently reports 2.5 DB15-20 methodology against 2.5 DB15-20 methodology in Iceland, a difference of 0 DB15-20 methodology.
Across all 17 years both countries report, Iceland has been ahead every year.
Greece ranks 52nd and Iceland ranks 52nd of 191 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Greece | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.14 DB15-20 methodology | 2.5 DB15-20 methodology | 0.3571 DB15-20 methodology | Iceland |
| 2010s | 2.5 DB15-20 methodology | 2.5 DB15-20 methodology | 0 DB15-20 methodology | — |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: commencement of proceedings index (0-3), Greece or Iceland?
- Greece, at 2.5 DB15-20 methodology against 2.5 DB15-20 methodology in Iceland as of 2019.
- What is the difference in resolving insolvency: commencement of proceedings index (0-3) between Greece and Iceland?
- 0 DB15-20 methodology, with Greece ahead.
- How many years of comparable data are there for Greece and Iceland?
- 17 years are reported by both, from 2003 to 2019.
- How do Greece and Iceland rank globally for resolving insolvency: commencement of proceedings index (0-3)?
- Greece ranks 52nd and Iceland 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.
Individual pages
About this data
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.