Resolving insolvency: Recovery rate (cents on the dollar) - Score in Georgia

Georgia: Resolving insolvency: Recovery rate (cents on the dollar) - Score was 43.59 in 2019. ▲ Rising

Latest (2019)
43.59
Change on year
up 0.7%
World rank
70th
of 188 countries
All-time high
43.59
in 2019
All-time low
21.8
in 2003
Years of data
17
2003–2019

Resolving insolvency: Recovery rate (cents on the dollar) - Score in Georgia, 2003–2019

0102030402003201120192003: 21.82004: 21.82005: 22.42006: 29.62007: 24.62008: 302009: 302010: 39.62011: 402012: 342013: 36.12014: 41.72015: 432016: 42.52017: 42.42018: 43.32019: 43.6

Source: World Bank.

Analysis

In 2019, resolving insolvency: recovery rate (cents on the dollar) - score in Georgia stood at 43.59. That is the highest value across all 17 years on record.

The figure is up 0.7% on the previous year and up 45.1% over ten years.

Over the whole period, resolving insolvency: recovery rate (cents on the dollar) - score in Georgia peaked at 43.59 in 2019 and was at its lowest, 21.8, in 2003.

That places Georgia 70th out of 188 countries with data for 2019, putting it 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 25.74 21.8 30.04 7
2010s 40.63 33.97 43.59 10

Countries ranked near Georgia

  1. 67 Oman 44.22 compare
  2. 68 Bolivia 43.96 compare
  3. 69 Kyrgyzstan 43.67 compare
  4. 71 Uganda 43.39 compare
  5. 72 Lithuania 43.38 compare
  6. 73 Belarus 43.22 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: recovery rate (cents on the dollar) - score in Georgia?
Resolving insolvency: recovery rate (cents on the dollar) - score in Georgia was 43.59 in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate (cents on the dollar) - score recorded in Georgia?
The highest recorded value was 43.59 in 2019.
What is the lowest resolving insolvency: recovery rate (cents on the dollar) - score recorded in Georgia?
The lowest recorded value was 21.8 in 2003.
How does Georgia rank for resolving insolvency: recovery rate (cents on the dollar) - score?
Georgia ranks 70th out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate (cents on the dollar) - score rising or falling in Georgia?
Over the last ten years it is up 45.1%. 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: Recovery rate (cents on the dollar) - Score. 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: Recovery rate (cents on the dollar) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The score for recovery rate benchmarks economies with respect to the regulatory best practice on the indicator. The score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.