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Resolving insolvency: Cost in Georgia

Georgia: Resolving insolvency: Cost was 10.0% in 2019. ▲ Rising

Latest (2019)
10.0%
Change on year
unchanged
World rank
106th
of 167 countries
All-time high
10.0%
in 2012
All-time low
3.5%
in 2003
Years of data
17
2003–2019

Resolving insolvency: Cost in Georgia, 2003–2019

468102003201120192003: 3.5 % of estate2004: 3.5 % of estate2005: 3.5 % of estate2006: 3.5 % of estate2007: 3.5 % of estate2008: 3.5 % of estate2009: 3.5 % of estate2010: 3.5 % of estate2011: 3.5 % of estate2012: 10 % of estate2013: 10 % of estate2014: 10 % of estate2015: 10 % of estate2016: 10 % of estate2017: 10 % of estate2018: 10 % of estate2019: 10 % of estate

Source: World Bank. Measured in % of estate.

Analysis

The most recent figure for resolving insolvency: cost in Georgia is 10.0%, measured in 2019. That is the highest value across all 17 years on record.

The figure is up 185.7% over ten years.

Over the whole period, resolving insolvency: cost in Georgia peaked at 10.0% in 2012 and was at its lowest, 3.5%, in 2003.

Georgia ranks 106th of 167 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.5% 3.5% 3.5% 7
2010s 8.7% 3.5% 10.0% 10

Countries ranked near Georgia

  1. 105 Romania 10.5% compare
  2. 106 United States 10.0% compare
  3. 106 Albania 10.0% compare
  4. 106 Austria 10.0% compare
  5. 106 Dominica 10.0% compare
  6. 106 Fiji, Republic of 10.0% compare
  7. 106 Guinea 10.0% compare
  8. 106 Kuwait 10.0% compare
  9. 106 Latvia 10.0% compare
  10. 106 Malaysia 10.0% compare
  11. 106 Malta 10.0% compare
  12. 106 North Macedonia 10.0% compare
  13. 106 Sri Lanka 10.0% compare
  14. 106 Uzbekistan, Republic of 10.0% compare

See the full ranking of 167 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is resolving insolvency: cost in Georgia?
Resolving insolvency: cost in Georgia was 10.0% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Georgia?
The highest recorded value was 10.0% in 2012.
What is the lowest resolving insolvency: cost recorded in Georgia?
The lowest recorded value was 3.5% in 2003.
How does Georgia rank for resolving insolvency: cost?
Georgia ranks 106th out of 167 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Georgia?
Over the last ten years it is up 185.7%. The long-run trend across the full record is rising.
Where does this Georgia data come from?
The figures come from the World Bank, published as part of Resolving insolvency: Cost (% of estate). Statizoid updates them automatically from the source API.

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Resolving insolvency: Cost in Georgia. Statizoid. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-cost-percent-of-estate/georgia/

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About this data

Indicator
Resolving insolvency: Cost (% of estate)
Unit
% of estate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 2,736 data points, 2003–2019
Last refreshed

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.