Resolving insolvency - Score in Guinea

Guinea: Resolving insolvency - Score was 38.59 in 2019. ▬ Flat

Latest (2019)
38.59
Change on year
unchanged
World rank
119th
of 191 countries
All-time high
40.06
in 2005
All-time low
36.92
in 2012
Years of data
17
2003–2019

Resolving insolvency - Score in Guinea, 2003–2019

0102030402003201120192003: 39.62004: 39.62005: 40.12006: 37.12007: 38.62008: 39.42009: 39.42010: 38.12011: 382012: 36.92013: 37.22014: 37.22015: 38.32016: 38.32017: 38.82018: 38.62019: 38.6

Source: World Bank.

Analysis

In 2019, resolving insolvency - score in Guinea stood at 38.59.

That represents a change of down 2.1% over ten years.

Over the whole period, resolving insolvency - score in Guinea peaked at 40.06 in 2005 and was at its lowest, 36.92, in 2012.

That places Guinea 119th out of 191 countries with data for 2019, putting it in the middle of the range.

Resolving insolvency - Score in Guinea, year by year

Annual values for Resolving insolvency - Score in Guinea, 2003 to 2019.
Year Value Change
2003 39.55
2004 39.55 +0.0%
2005 40.06 +1.3%
2006 37.1 -7.4%
2007 38.58 +4.0%
2008 39.4 +2.1%
2009 39.4 +0.0%
2010 38.09 -3.3%
2011 38.03 -0.2%
2012 36.92 -2.9%
2013 37.18 +0.7%
2014 37.18 +0.0%
2015 38.34 +3.1%
2016 38.34 +0.0%
2017 38.76 +1.1%
2018 38.59 -0.4%
2019 38.59 +0.0%

Guinea compared with similar countries

  • Guinea's 38.59 is above the median for lower middle income countries, which is 36.99, 1.0× the median. (47 countries reporting)
  • Guinea's 38.59 is above the median for Sub-Saharan Africa, which is 36.72, 1.1× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 39.09 37.1 40.06 7
2010s 38 36.92 38.76 10

Countries ranked near Guinea

  1. 116 Kuwait 39.2 compare
  2. 117 Tanzania 39.1 compare
  3. 118 Eswatini 38.87 compare
  4. 120 Congo 38.55 compare
  5. 121 Turkey 38.46 compare
  6. 122 Malta 38.31 compare

See the full ranking of 191 places →

More reference data data for Guinea

All data for Guinea →

Frequently asked questions

What is resolving insolvency - score in Guinea?
Resolving insolvency - score in Guinea was 38.59 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Guinea?
The highest recorded value was 40.06 in 2005.
What is the lowest resolving insolvency - score recorded in Guinea?
The lowest recorded value was 36.92 in 2012.
How does Guinea rank for resolving insolvency - score?
Guinea ranks 119th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Guinea?
Over the last ten years it is down 2.1%. The long-run trend across the full record is flat.
Where does this Guinea 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.