Resolving insolvency: Cost in Greece

Greece: Resolving insolvency: Cost was 9.0% in 2019. ▬ Flat

Latest (2019)
9.0%
Change on year
unchanged
World rank
120th
of 165 countries
All-time high
9.0%
in 2003
All-time low
9.0%
in 2003
Years of data
17
2003–2019

Resolving insolvency: Cost in Greece, 2003–2019

02468102003201120192003: 9 % of estate2004: 9 % of estate2005: 9 % of estate2006: 9 % of estate2007: 9 % of estate2008: 9 % of estate2009: 9 % of estate2010: 9 % of estate2011: 9 % of estate2012: 9 % of estate2013: 9 % of estate2014: 9 % of estate2015: 9 % of estate2016: 9 % of estate2017: 9 % of estate2018: 9 % of estate2019: 9 % of estate

Source: World Bank. Measured in % of estate.

Analysis

Greece recorded 9.0% for resolving insolvency: cost in 2019. That is the highest value across all 17 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, resolving insolvency: cost in Greece peaked at 9.0% in 2003 and was at its lowest, 9.0%, in 2003.

That places Greece 120th out of 165 countries with data for 2019, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.0% 9.0% 9.0% 7
2010s 9.0% 9.0% 9.0% 10

Countries ranked near Greece

  1. 118 Bahrain 9.5% compare
  2. 118 Kyrgyzstan 9.5% compare
  3. 120 India 9.0% compare
  4. 120 Russia 9.0% compare
  5. 120 Bosnia and Herzegovina 9.0% compare
  6. 120 Bulgaria 9.0% compare
  7. 120 Estonia 9.0% compare
  8. 120 France 9.0% compare
  9. 120 Ireland 9.0% compare
  10. 120 Nepal 9.0% compare
  11. 120 Paraguay 9.0% compare
  12. 120 Portugal 9.0% compare
  13. 120 Saint Lucia 9.0% compare
  14. 120 Sweden 9.0% compare
  15. 120 Zambia 9.0% compare

See the full ranking of 167 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is resolving insolvency: cost in Greece?
Resolving insolvency: cost in Greece was 9.0% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Greece?
The highest recorded value was 9.0% in 2003.
What is the lowest resolving insolvency: cost recorded in Greece?
The lowest recorded value was 9.0% in 2003.
How does Greece rank for resolving insolvency: cost?
Greece ranks 120th out of 165 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Greece?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Greece 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.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.