Grenada vs Latvia: Resolving insolvency: Commencement of proceedings index (0-3)

Grenada
2.5 DB15-20 methodology
in 2019
Latvia
2.5 DB15-20 methodology
in 2019
Grenada rank
52nd
Latvia rank
52nd

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

  • Grenada
  • Latvia
00.511.522.5200320112019

How they compare

Grenada currently reports 2.5 DB15-20 methodology against 2.5 DB15-20 methodology in Latvia, a difference of 0 DB15-20 methodology.

Across all 17 years both countries report, Latvia has been ahead every year.

Grenada ranks 52nd and Latvia ranks 52nd of 191 countries.

Latvia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Grenada Latvia Difference Ahead
2000s 2 DB15-20 methodology 2.14 DB15-20 methodology 0.1429 DB15-20 methodology Latvia
2010s 2.15 DB15-20 methodology 2.5 DB15-20 methodology 0.35 DB15-20 methodology Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher resolving insolvency: commencement of proceedings index (0-3), Grenada or Latvia?
Grenada, at 2.5 DB15-20 methodology against 2.5 DB15-20 methodology in Latvia as of 2019.
What is the difference in resolving insolvency: commencement of proceedings index (0-3) between Grenada and Latvia?
0 DB15-20 methodology, with Grenada ahead.
How many years of comparable data are there for Grenada and Latvia?
17 years are reported by both, from 2003 to 2019.
How do Grenada and Latvia rank globally for resolving insolvency: commencement of proceedings index (0-3)?
Grenada ranks 52nd and Latvia 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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Grenada vs Latvia: Resolving insolvency: Commencement of proceedings index (0-3). Statizoid. Retrieved 24 August 2026, from https://reference.statizoid.com/compare/resolving-insolvency-commencement-of-proceedings-index-0-3-db15-20-methodology/grenada/latvia/

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<a href="https://reference.statizoid.com/compare/resolving-insolvency-commencement-of-proceedings-index-0-3-db15-20-methodology/grenada/latvia/">Grenada vs Latvia: 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.