Georgia vs Lithuania: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Georgia
- Lithuania
How they compare
Georgia currently reports 40.5 cents on the dollar against 40.3 cents on the dollar in Lithuania, a difference of 0.2 cents on the dollar.
The two have swapped places 3 times across 17 shared years of data; in 2003 it was Lithuania ahead.
Georgia ranks 70th and Lithuania ranks 71st of 188 countries.
Lithuania has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Georgia | Lithuania | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.9 cents on the dollar | 47.27 cents on the dollar | 23.37 cents on the dollar | Lithuania |
| 2010s | 37.74 cents on the dollar | 43.3 cents on the dollar | 5.56 cents on the dollar | Lithuania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Georgia or Lithuania?
- Georgia, at 40.5 cents on the dollar against 40.3 cents on the dollar in Lithuania as of 2019.
- What is the difference in resolving insolvency: recovery rate between Georgia and Lithuania?
- 0.2 cents on the dollar, with Georgia ahead.
- How many years of comparable data are there for Georgia and Lithuania?
- 17 years are reported by both, from 2003 to 2019.
- How do Georgia and Lithuania rank globally for resolving insolvency: recovery rate?
- Georgia ranks 70th and Lithuania ranks 71st of 188 countries.
- Where does this data come from?
- The World Bank, published as Resolving insolvency: Recovery rate (cents on the dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The recovery rate is recorded as cents on the dollar recovered by secured creditors through judicial reorganization, liquidation or debt enforcement (foreclosure or receivership) proceedings. The calculation takes into account the outcome: whether the business emerges from the proceedings as a going concern or the assets are sold piecemeal.