Resolving insolvency - Score in Armenia

Armenia: Resolving insolvency - Score was 44.55 in 2019. ▲ Rising

Latest (2019)
44.55
Change on year
up 1.3%
World rank
96th
of 191 countries
All-time high
44.55
in 2019
All-time low
38.82
in 2004
Years of data
17
2003–2019

Resolving insolvency - Score in Armenia, 2003–2019

0102030402003201120192003: 38.82004: 38.82005: 39.52006: 402007: 43.12008: 43.12009: 43.12010: 42.62011: 42.52012: 42.92013: 432014: 43.52015: 43.32016: 42.92017: 432018: 442019: 44.6

Source: World Bank.

Analysis

In 2019, resolving insolvency - score in Armenia stood at 44.55. That is the highest value across all 17 years on record.

The figure is up 1.3% on the previous year and up 3.3% over ten years.

Over the whole period, resolving insolvency - score in Armenia peaked at 44.55 in 2019 and was at its lowest, 38.82, in 2004.

Armenia ranks 96th 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 - Score in Armenia, year by year

Annual values for Resolving insolvency - Score in Armenia, 2003 to 2019.
Year Value Change
2003 38.83
2004 38.82 -0.0%
2005 39.48 +1.7%
2006 39.97 +1.2%
2007 43.12 +7.9%
2008 43.15 +0.1%
2009 43.15 +0.0%
2010 42.58 -1.3%
2011 42.45 -0.3%
2012 42.88 +1.0%
2013 43.05 +0.4%
2014 43.45 +0.9%
2015 43.31 -0.3%
2016 42.93 -0.9%
2017 43.01 +0.2%
2018 43.99 +2.3%
2019 44.55 +1.3%

Armenia compared with similar countries

  • Armenia's 44.55 is below the median for upper middle income countries, which is 44.79, 99% of the median. (56 countries reporting)
  • Armenia's 44.55 is below the median for Europe & Central Asia, which is 66.15, 67% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 40.93 38.82 43.15 7
2010s 43.22 42.45 44.55 10

Countries ranked near Armenia

  1. 93 El Salvador 45.58 compare
  2. 94 Luxembourg 45.48 compare
  3. 95 Sri Lanka 45.03 compare
  4. 97 Senegal 44.26 compare
  5. 98 Oman 43.98 compare
  6. 99 Fiji 43.78 compare

See the full ranking of 191 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is resolving insolvency - score in Armenia?
Resolving insolvency - score in Armenia was 44.55 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Armenia?
The highest recorded value was 44.55 in 2019.
What is the lowest resolving insolvency - score recorded in Armenia?
The lowest recorded value was 38.82 in 2004.
How does Armenia rank for resolving insolvency - score?
Armenia ranks 96th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Armenia?
Over the last ten years it is up 3.3%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from the World Bank, published as part of Resolving insolvency - Score. Statizoid updates them automatically from the source API.

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About this data

Indicator
Resolving insolvency - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 3,094 data points, 2003–2019
Last refreshed

The score for resolving insolvency is the simple average of the scores for each of the component indicators: the recovery rate of insolvency proceedings involving domestic entities, as well as the strength of the legal framework applicable to judicial liquidation and reorganization proceedings.