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Resolving insolvency: Creditor participation index (0-4) in Georgia

Georgia: Resolving insolvency: Creditor participation index (0-4) was 3 DB15-20 methodology in 2019. ▲ Rising

Latest (2019)
3 DB15-20 methodology
Change on year
unchanged
World rank
6th
of 188 countries
All-time high
3 DB15-20 methodology
in 2017
All-time low
1 DB15-20 methodology
in 2008
Years of data
17
2003–2019

Resolving insolvency: Creditor participation index (0-4) in Georgia, 2003–2019

11.522.532003201120192003: 2 DB15-20 methodology2004: 2 DB15-20 methodology2005: 2 DB15-20 methodology2006: 2 DB15-20 methodology2007: 2 DB15-20 methodology2008: 1 DB15-20 methodology2009: 1 DB15-20 methodology2010: 1 DB15-20 methodology2011: 1 DB15-20 methodology2012: 1 DB15-20 methodology2013: 1 DB15-20 methodology2014: 1 DB15-20 methodology2015: 1 DB15-20 methodology2016: 1 DB15-20 methodology2017: 3 DB15-20 methodology2018: 3 DB15-20 methodology2019: 3 DB15-20 methodology

Source: World Bank. Measured in DB15-20 methodology.

Analysis

Georgia recorded 3 DB15-20 methodology for resolving insolvency: creditor participation index (0-4) in 2019. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 200.0% over ten years.

Over the whole period, resolving insolvency: creditor participation index (0-4) in Georgia peaked at 3 DB15-20 methodology in 2017 and was at its lowest, 1 DB15-20 methodology, in 2008.

That places Georgia 6th out of 188 countries with data for 2019, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.71 DB15-20 methodology 1 DB15-20 methodology 2 DB15-20 methodology 7
2010s 1.6 DB15-20 methodology 1 DB15-20 methodology 3 DB15-20 methodology 10

Countries ranked near Georgia

  1. 6 United States 3 DB15-20 methodology compare
  2. 6 Russia 3 DB15-20 methodology compare
  3. 6 Brazil 3 DB15-20 methodology compare
  4. 6 Australia 3 DB15-20 methodology compare
  5. 6 Azerbaijan 3 DB15-20 methodology compare
  6. 6 Barbados 3 DB15-20 methodology compare
  7. 6 Bosnia and Herzegovina 3 DB15-20 methodology compare
  8. 6 Cambodia 3 DB15-20 methodology compare
  9. 6 Canada 3 DB15-20 methodology compare
  10. 6 Chile 3 DB15-20 methodology compare
  11. 6 Czechia 3 DB15-20 methodology compare
  12. 6 El Salvador 3 DB15-20 methodology compare
  13. 6 Estonia 3 DB15-20 methodology compare
  14. 6 Finland 3 DB15-20 methodology compare
  15. 6 Germany 3 DB15-20 methodology compare
  16. 6 Grenada 3 DB15-20 methodology compare
  17. 6 Jamaica 3 DB15-20 methodology compare
  18. 6 Kenya 3 DB15-20 methodology compare
  19. 6 Mauritius 3 DB15-20 methodology compare
  20. 6 Moldova 3 DB15-20 methodology compare
  21. 6 Nicaragua 3 DB15-20 methodology compare
  22. 6 North Macedonia 3 DB15-20 methodology compare
  23. 6 Norway 3 DB15-20 methodology compare
  24. 6 Peru 3 DB15-20 methodology compare
  25. 6 Philippines 3 DB15-20 methodology compare
  26. 6 Portugal 3 DB15-20 methodology compare
  27. 6 Puerto Rico 3 DB15-20 methodology compare
  28. 6 Slovakia 3 DB15-20 methodology compare
  29. 6 Saint Kitts and Nevis 3 DB15-20 methodology compare
  30. 6 Saint Vincent and the Grenadines 3 DB15-20 methodology compare
  31. 6 Trinidad and Tobago 3 DB15-20 methodology compare
  32. 6 Turkey 3 DB15-20 methodology compare

See the full ranking of 190 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is resolving insolvency: creditor participation index (0-4) in Georgia?
Resolving insolvency: creditor participation index (0-4) in Georgia was 3 DB15-20 methodology in 2019, according to the World Bank.
What is the highest resolving insolvency: creditor participation index (0-4) recorded in Georgia?
The highest recorded value was 3 DB15-20 methodology in 2017.
What is the lowest resolving insolvency: creditor participation index (0-4) recorded in Georgia?
The lowest recorded value was 1 DB15-20 methodology in 2008.
How does Georgia rank for resolving insolvency: creditor participation index (0-4)?
Georgia ranks 6th out of 188 countries with data for 2019.
Is resolving insolvency: creditor participation index (0-4) rising or falling in Georgia?
Over the last ten years it is up 200.0%. 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: Creditor participation index (0-4) (DB15-20 methodology). Statizoid updates them automatically from the source API.

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About this data

Indicator
Resolving insolvency: Creditor participation index (0-4) (DB15-20 methodology)
Unit
DB15-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,230 data points, 2003–2019
Last refreshed

The creditor participation index has four components: (i) whether creditors appoint the insolvency representative or approve, ratify or reject the appointment of the insolvency representative; (ii) Whether creditors are required to approve the sale of substantial assets of the debtor in the course of insol­vency proceedings; (iii) Whether an individual creditor has the right to access financial information about the debtor during insolvency proceedings; and (iv) Whether an individual creditor can object to a decision of the court or of the insolvency representative to approve or reject claims against the debtor brought by the creditor itself and by other creditors.