Resolving insolvency - Score in Ghana

Ghana: Resolving insolvency - Score was 25.41 in 2019. ▬ Flat

Latest (2019)
25.41
Change on year
up 1.9%
World rank
162nd
of 191 countries
All-time high
26.96
in 2012
All-time low
24.77
in 2017
Years of data
17
2003–2019

Resolving insolvency - Score in Ghana, 2003–2019

01020302003201120192003: 26.12004: 25.92005: 25.22006: 25.82007: 25.42008: 25.42009: 25.42010: 25.22011: 26.52012: 272013: 26.62014: 25.62015: 252016: 25.32017: 24.82018: 24.92019: 25.4

Source: World Bank.

Analysis

In 2019, resolving insolvency - score in Ghana stood at 25.41.

Compared with earlier readings it is up 1.9% on the previous year and down 0.1% over ten years.

Over the whole period, resolving insolvency - score in Ghana peaked at 26.96 in 2012 and was at its lowest, 24.77, in 2017.

Ghana ranks 162nd of 191 countries on this measure, in the bottom quarter.

Resolving insolvency - Score in Ghana, year by year

Annual values for Resolving insolvency - Score in Ghana, 2003 to 2019.
Year Value Change
2003 26.09
2004 25.86 -0.9%
2005 25.24 -2.4%
2006 25.78 +2.1%
2007 25.43 -1.3%
2008 25.43 +0.0%
2009 25.43 +0.0%
2010 25.23 -0.8%
2011 26.47 +4.9%
2012 26.96 +1.9%
2013 26.58 -1.4%
2014 25.58 -3.8%
2015 25 -2.2%
2016 25.27 +1.0%
2017 24.77 -2.0%
2018 24.94 +0.7%
2019 25.41 +1.9%

Ghana compared with similar countries

  • Ghana's 25.41 is below the median for lower middle income countries, which is 36.99, 69% of the median. (47 countries reporting)
  • Ghana's 25.41 is below the median for Sub-Saharan Africa, which is 36.72, 69% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 25.61 25.24 26.09 7
2010s 25.62 24.77 26.96 10

Countries ranked near Ghana

  1. 159 Syria 27 compare
  2. 160 Yemen 26.92 compare
  3. 161 Ecuador 25.46 compare
  4. 163 Sierra Leone 24.73 compare
  5. 164 Guyana 22.38 compare
  6. 165 Myanmar 20.39 compare

See the full ranking of 191 places →

More reference data data for Ghana

All data for Ghana →

Frequently asked questions

What is resolving insolvency - score in Ghana?
Resolving insolvency - score in Ghana was 25.41 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Ghana?
The highest recorded value was 26.96 in 2012.
What is the lowest resolving insolvency - score recorded in Ghana?
The lowest recorded value was 24.77 in 2017.
How does Ghana rank for resolving insolvency - score?
Ghana ranks 162nd out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Ghana?
Over the last ten years it is down 0.1%. The long-run trend across the full record is flat.
Where does this Ghana 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.