Resolving insolvency - Score in Bulgaria

Bulgaria: Resolving insolvency - Score was 57.81 in 2019. ▲ Rising

Latest (2019)
57.81
Change on year
up 0.5%
World rank
62nd
of 191 countries
All-time high
57.81
in 2019
All-time low
51.06
in 2010
Years of data
17
2003–2019

Resolving insolvency - Score in Bulgaria, 2003–2019

02040602003201120192003: 52.52004: 52.42005: 52.42006: 52.92007: 51.82008: 51.62009: 51.62010: 51.12011: 51.22012: 54.52013: 552014: 55.42015: 55.82016: 56.32017: 56.92018: 57.52019: 57.8

Source: World Bank.

Analysis

The most recent figure for resolving insolvency - score in Bulgaria is 57.81, measured in 2019. That is the highest value across all 17 years on record.

That represents a change of up 0.5% on the previous year and up 12.0% over ten years.

Over the whole period, resolving insolvency - score in Bulgaria peaked at 57.81 in 2019 and was at its lowest, 51.06, in 2010.

That places Bulgaria 62nd out of 191 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.

Resolving insolvency - Score in Bulgaria, year by year

Annual values for Resolving insolvency - Score in Bulgaria, 2003 to 2019.
Year Value Change
2003 52.55
2004 52.38 -0.3%
2005 52.4 +0.0%
2006 52.9 +1.0%
2007 51.82 -2.1%
2008 51.62 -0.4%
2009 51.62 +0.0%
2010 51.06 -1.1%
2011 51.24 +0.4%
2012 54.54 +6.4%
2013 55.02 +0.9%
2014 55.38 +0.7%
2015 55.8 +0.8%
2016 56.26 +0.8%
2017 56.9 +1.1%
2018 57.52 +1.1%
2019 57.81 +0.5%

Bulgaria compared with similar countries

  • Bulgaria's 57.81 is below the median for high income countries, which is 64.05, 90% of the median. (62 countries reporting)
  • Bulgaria's 57.81 is below the median for Europe & Central Asia, which is 66.15, 87% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 52.18 51.62 52.9 7
2010s 55.15 51.06 57.81 10

Countries ranked near Bulgaria

  1. 59 Pakistan 58.99 compare
  2. 60 Brunei 58.23 compare
  3. 61 Bahrain 58.18 compare
  4. 63 Rwanda 57.25 compare
  5. 64 Croatia 56.46 compare
  6. 65 Georgia 56.17 compare

See the full ranking of 191 places →

More reference data data for Bulgaria

All data for Bulgaria →

Frequently asked questions

What is resolving insolvency - score in Bulgaria?
Resolving insolvency - score in Bulgaria was 57.81 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Bulgaria?
The highest recorded value was 57.81 in 2019.
What is the lowest resolving insolvency - score recorded in Bulgaria?
The lowest recorded value was 51.06 in 2010.
How does Bulgaria rank for resolving insolvency - score?
Bulgaria ranks 62nd out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Bulgaria?
Over the last ten years it is up 12.0%. The long-run trend across the full record is rising.
Where does this Bulgaria 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.