Georgia vs Romania: Resolving insolvency: Cost
Georgia
10.0%
in 2019
Romania
10.5%
in 2019
Georgia rank
107th
Romania rank
106th
Resolving insolvency: Cost over time
- Georgia
- Romania
How they compare
Romania currently reports 10.5% against 10.0% in Georgia, a difference of 0.5%.
That makes Romania's figure about 1.1 times Georgia's.
Across all 17 years both countries report, Romania has been ahead every year.
Georgia ranks 107th and Romania ranks 106th of 168 countries.
Romania has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Georgia | Romania | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.5% | 9.2% | 5.7% | Romania |
| 2010s | 8.7% | 10.5% | 1.8% | Romania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: cost, Georgia or Romania?
- Romania, at 10.5% against 10.0% in Georgia as of 2019.
- What is the difference in resolving insolvency: cost between Georgia and Romania?
- 0.5%, with Romania ahead.
- How many years of comparable data are there for Georgia and Romania?
- 17 years are reported by both, from 2003 to 2019.
- How do Georgia and Romania rank globally for resolving insolvency: cost?
- Georgia ranks 107th and Romania ranks 106th of 168 countries.
- Where does this data come from?
- The World Bank, published as Resolving insolvency: Cost (% of estate). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The cost to resolve insolvency is the cost of the proceedings is recorded as a percentage of the value of the debtor’s estate, including court fees and government levies, fees of insolvency administrators, auctioneers, assessors and lawyers, and all other fees and costs.