Latvia vs Romania: Resolving insolvency - Score
Latvia
59.79
in 2019
Romania
59.13
in 2019
Latvia rank
56th
Romania rank
57th
Resolving insolvency - Score over time
- Latvia
- Romania
How they compare
Latvia currently reports 59.79 against 59.13 in Romania, a difference of 0.66.
The two have swapped places 3 times across 17 shared years of data; in 2003 it was Romania ahead.
Latvia ranks 56th and Romania ranks 57th of 191 countries.
Across the 2 decades both report, Latvia averaged higher in 1 and Romania in 1.
Head to head by decade
| Decade | Latvia | Romania | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 38.89 | 50.34 | 11.45 | Romania |
| 2010s | 60.22 | 57.69 | 2.54 | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency - score, Latvia or Romania?
- Latvia, at 59.79 against 59.13 in Romania as of 2019.
- What is the difference in resolving insolvency - score between Latvia and Romania?
- 0.66, with Latvia ahead.
- How many years of comparable data are there for Latvia and Romania?
- 17 years are reported by both, from 2003 to 2019.
- How do Latvia and Romania rank globally for resolving insolvency - score?
- Latvia ranks 56th and Romania ranks 57th of 191 countries.
- Where does this data come from?
- The World Bank, published as Resolving insolvency - Score. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The score for resolving insolvency is the simple average of the scores for each of the component indicators: the recovery rate of insolvency proceedings involving domestic entities, as well as the strength of the legal framework applicable to judicial liquidation and reorganization proceedings.