Greece vs Iceland: Resolving insolvency: Strength of insolvency framework index

Greece
11.5 0-16
in 2019
Iceland
11.5 0-16
in 2019
Greece rank
43rd
Iceland rank
43rd

Resolving insolvency: Strength of insolvency framework index over time

  • Greece
  • Iceland
4681012200320112019

How they compare

Greece currently reports 11.5 0-16 against 11.5 0-16 in Iceland, a difference of 0 0-16.

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

Greece ranks 43rd and Iceland ranks 43rd of 190 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 5.71 0-16 11 0-16 5.29 0-16 Iceland
2010s 11.2 0-16 11.45 0-16 0.25 0-16 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher resolving insolvency: strength of insolvency framework index, Greece or Iceland?
Greece, at 11.5 0-16 against 11.5 0-16 in Iceland as of 2019.
What is the difference in resolving insolvency: strength of insolvency framework index between Greece and Iceland?
0 0-16, 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: strength of insolvency framework index?
Greece ranks 43rd and Iceland ranks 43rd of 190 countries.
Where does this data come from?
The World Bank, published as Resolving insolvency: Strength of insolvency framework index (0-16). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Greece vs Iceland: Resolving insolvency: Strength of insolvency framework index. Statizoid. Retrieved 23 August 2026, from https://reference.statizoid.com/compare/resolving-insolvency-strength-of-insolvency-framework-index-0-16/greece/iceland/

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About this data

Indicator
Resolving insolvency: Strength of insolvency framework index (0-16)
Unit
0-16
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,230 data points, 2003–2019
Last refreshed

The strength of insolvency framework index measures the legal framework applicable to judicial liquidation and reorganization proceedings and the extent to which best insolvency practices have been implemented in each economy covered by the Doing Business. This index ranges has four components, the commencement of proceedings index, management of debtor’s assets index, reorganization proceedings index and creditor participation index.