Resolving insolvency: Cost in Guyana

Guyana: Resolving insolvency: Cost was 28.5% in 2019. ▬ Flat

Latest (2019)
28.5%
Change on year
unchanged
World rank
19th
of 167 countries
All-time high
28.5%
in 2004
All-time low
28.5%
in 2004
Years of data
16
2004–2019

Resolving insolvency: Cost in Guyana, 2004–2019

01020302004201120192004: 28.5 % of estate2005: 28.5 % of estate2006: 28.5 % of estate2007: 28.5 % of estate2008: 28.5 % of estate2009: 28.5 % of estate2010: 28.5 % of estate2011: 28.5 % of estate2012: 28.5 % of estate2013: 28.5 % of estate2014: 28.5 % of estate2015: 28.5 % of estate2016: 28.5 % of estate2017: 28.5 % of estate2018: 28.5 % of estate2019: 28.5 % of estate

Source: World Bank. Measured in % of estate.

Analysis

The most recent figure for resolving insolvency: cost in Guyana is 28.5%, measured in 2019. That is the highest value across all 16 years on record.

That represents a change of unchanged over ten years.

Over the whole period, resolving insolvency: cost in Guyana peaked at 28.5% in 2004 and was at its lowest, 28.5%, in 2004.

That places Guyana 19th out of 167 countries with data for 2019, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 28.5% 28.5% 28.5% 6
2010s 28.5% 28.5% 28.5% 10

Countries ranked near Guyana

  1. 17 Uganda 29.5% compare
  2. 18 Rwanda 29.0% compare
  3. 20 Afghanistan 25.0% compare
  4. 20 Congo 25.0% compare
  5. 20 Malawi 25.0% compare
  6. 20 Panama 25.0% compare
  7. 20 Trinidad and Tobago 25.0% compare

See the full ranking of 167 places →

More reference data data for Guyana

All data for Guyana →

Frequently asked questions

What is resolving insolvency: cost in Guyana?
Resolving insolvency: cost in Guyana was 28.5% in 2019, according to the World Bank.
What is the highest resolving insolvency: cost recorded in Guyana?
The highest recorded value was 28.5% in 2004.
What is the lowest resolving insolvency: cost recorded in Guyana?
The lowest recorded value was 28.5% in 2004.
How does Guyana rank for resolving insolvency: cost?
Guyana ranks 19th out of 167 countries with data for 2019.
Is resolving insolvency: cost rising or falling in Guyana?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Guyana 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 Guyana. Statizoid. Retrieved 17 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-cost-percent-of-estate/guyana/

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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.