Resolving insolvency - Score in Georgia

Georgia: Resolving insolvency - Score was 56.17 in 2019. ▲ Rising

Latest (2019)
56.17
Change on year
up 0.3%
World rank
62nd
of 188 countries
All-time high
56.17
in 2019
All-time low
33.77
in 2008
Years of data
17
2003–2019

Resolving insolvency - Score in Georgia, 2003–2019

02040602003201120192003: 42.12004: 42.12005: 42.42006: 462007: 43.52008: 33.82009: 33.82010: 38.62011: 38.82012: 35.72013: 36.82014: 39.62015: 40.22016: 402017: 55.62018: 562019: 56.2

Source: World Bank.

Analysis

The most recent figure for resolving insolvency - score in Georgia is 56.17, measured in 2019. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 0.3% on the previous year and up 66.3% over ten years.

Over the whole period, resolving insolvency - score in Georgia peaked at 56.17 in 2019 and was at its lowest, 33.77, in 2008.

Georgia ranks 62nd of 188 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 40.55 33.77 46.04 7
2010s 43.75 35.73 56.17 10

Countries ranked near Georgia

  1. 59 Bulgaria 57.81 compare
  2. 60 Rwanda 57.25 compare
  3. 61 Croatia 56.46 compare
  4. 63 Philippines 55.08 compare
  5. 64 Hungary 55.03 compare
  6. 65 Moldova 54.78 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 - score in Georgia?
Resolving insolvency - score in Georgia was 56.17 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Georgia?
The highest recorded value was 56.17 in 2019.
What is the lowest resolving insolvency - score recorded in Georgia?
The lowest recorded value was 33.77 in 2008.
How does Georgia rank for resolving insolvency - score?
Georgia ranks 62nd out of 188 countries with data for 2019.
Is resolving insolvency - score rising or falling in Georgia?
Over the last ten years it is up 66.3%. 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 - 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 - 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 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.