Resolving insolvency - Score in Greece

Greece: Resolving insolvency - Score was 53.13 in 2019. ▲ Rising

Latest (2019)
53.13
Change on year
down 1.3%
World rank
73rd
of 191 countries
All-time high
57.93
in 2012
All-time low
36.43
in 2003
Years of data
17
2003–2019

Resolving insolvency - Score in Greece, 2003–2019

02040602003201120192003: 36.42004: 36.62005: 37.22006: 37.42007: 36.62008: 552009: 552010: 54.52011: 53.72012: 57.92013: 54.22014: 54.42015: 54.72016: 55.12017: 542018: 53.82019: 53.1

Source: World Bank.

Analysis

The most recent figure for resolving insolvency - score in Greece is 53.13, measured in 2019.

Compared with earlier readings it is down 1.3% on the previous year and down 3.4% over ten years.

Over the whole period, resolving insolvency - score in Greece peaked at 57.93 in 2012 and was at its lowest, 36.43, in 2003.

That places Greece 73rd 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 Greece, year by year

Annual values for Resolving insolvency - Score in Greece, 2003 to 2019.
Year Value Change
2003 36.43
2004 36.57 +0.4%
2005 37.21 +1.7%
2006 37.42 +0.6%
2007 36.59 -2.2%
2008 55.01 +50.3%
2009 55.01 +0.0%
2010 54.52 -0.9%
2011 53.73 -1.4%
2012 57.93 +7.8%
2013 54.22 -6.4%
2014 54.41 +0.4%
2015 54.72 +0.6%
2016 55.1 +0.7%
2017 54.03 -1.9%
2018 53.83 -0.4%
2019 53.13 -1.3%

Greece compared with similar countries

  • Greece's 53.13 is below the median for high income countries, which is 64.05, 83% of the median. (62 countries reporting)
  • Greece's 53.13 is below the median for Europe & Central Asia, which is 66.15, 80% of the median. (49 countries reporting)

Biggest year-on-year movements

Years where Resolving insolvency - Score in Greece 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.

YearChange FromTo
2008 +50.3% 36.59 55.01

Averages by decade

DecadeAverage LowestHighest Years
2000s 42.03 36.43 55.01 7
2010s 54.56 53.13 57.93 10

Countries ranked near Greece

  1. 70 Tunisia 54.19 compare
  2. 71 Uruguay 53.56 compare
  3. 72 Bahamas 53.43 compare
  4. 74 Morocco 52.95 compare
  5. 75 Belarus 52.86 compare
  6. 76 Seychelles 52.16 compare

See the full ranking of 191 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is resolving insolvency - score in Greece?
Resolving insolvency - score in Greece was 53.13 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Greece?
The highest recorded value was 57.93 in 2012.
What is the lowest resolving insolvency - score recorded in Greece?
The lowest recorded value was 36.43 in 2003.
How does Greece rank for resolving insolvency - score?
Greece ranks 73rd out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Greece?
Over the last ten years it is down 3.4%. The long-run trend across the full record is rising.
Where does this Greece 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.