Resolving insolvency: Recovery rate in Georgia
Georgia: Resolving insolvency: Recovery rate was 40.5 cents on the dollar in 2019. ▲ Rising
Resolving insolvency: Recovery rate in Georgia, 2003–2019
Source: World Bank. Measured in cents on the dollar.
Analysis
In 2019, resolving insolvency: recovery rate in Georgia stood at 40.5 cents on the dollar. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 0.7% on the previous year and up 45.2% over ten years.
Over the whole period, resolving insolvency: recovery rate in Georgia peaked at 40.5 cents on the dollar in 2019 and was at its lowest, 20.2 cents on the dollar, in 2003.
Georgia ranks 71st of 191 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.
Resolving insolvency: Recovery rate in Georgia, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 20.2 cents on the dollar | — |
| 2004 | 20.2 cents on the dollar | +0.0% |
| 2005 | 20.8 cents on the dollar | +3.0% |
| 2006 | 27.5 cents on the dollar | +32.2% |
| 2007 | 22.8 cents on the dollar | -17.1% |
| 2008 | 27.9 cents on the dollar | +22.4% |
| 2009 | 27.9 cents on the dollar | +0.0% |
| 2010 | 36.8 cents on the dollar | +31.9% |
| 2011 | 37.2 cents on the dollar | +1.1% |
| 2012 | 31.6 cents on the dollar | -15.1% |
| 2013 | 33.6 cents on the dollar | +6.3% |
| 2014 | 38.7 cents on the dollar | +15.2% |
| 2015 | 39.9 cents on the dollar | +3.1% |
| 2016 | 39.5 cents on the dollar | -1.0% |
| 2017 | 39.4 cents on the dollar | -0.3% |
| 2018 | 40.2 cents on the dollar | +2.0% |
| 2019 | 40.5 cents on the dollar | +0.7% |
Georgia compared with similar countries
- Georgia's 40.5 cents on the dollar is above the median for upper middle income countries, which is 33.45 cents on the dollar, 1.2× the median. (56 countries reporting)
- Georgia's 40.5 cents on the dollar is below the median for Europe & Central Asia, which is 44.6 cents on the dollar, 91% of the median. (49 countries reporting)
Biggest year-on-year movements
Years where Resolving insolvency: Recovery rate in Georgia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +32.2% | 20.8 cents on the dollar | 27.5 cents on the dollar |
| 2010 | +31.9% | 27.9 cents on the dollar | 36.8 cents on the dollar |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.9 cents on the dollar | 20.2 cents on the dollar | 27.9 cents on the dollar | 7 |
| 2010s | 37.74 cents on the dollar | 31.6 cents on the dollar | 40.5 cents on the dollar | 10 |
Countries ranked near Georgia
More reference data data for Georgia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.097 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.684 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0278 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.01 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3252 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2904 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.69 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.28 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1515 (2050)
Frequently asked questions
- What is resolving insolvency: recovery rate in Georgia?
- Resolving insolvency: recovery rate in Georgia was 40.5 cents on the dollar in 2019, according to the World Bank.
- What is the highest resolving insolvency: recovery rate recorded in Georgia?
- The highest recorded value was 40.5 cents on the dollar in 2019.
- What is the lowest resolving insolvency: recovery rate recorded in Georgia?
- The lowest recorded value was 20.2 cents on the dollar in 2003.
- How does Georgia rank for resolving insolvency: recovery rate?
- Georgia ranks 71st out of 191 countries with data for 2019.
- Is resolving insolvency: recovery rate rising or falling in Georgia?
- Over the last ten years it is up 45.2%. 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). 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
The recovery rate is recorded as cents on the dollar recovered by secured creditors through judicial reorganization, liquidation or debt enforcement (foreclosure or receivership) proceedings. The calculation takes into account the outcome: whether the business emerges from the proceedings as a going concern or the assets are sold piecemeal.