Resolving insolvency - Score in Guyana

Guyana: Resolving insolvency - Score was 22.38 in 2019. ▬ Flat

Latest (2019)
22.38
Change on year
unchanged
World rank
164th
of 191 countries
All-time high
22.43
in 2015
All-time low
21.88
in 2007
Years of data
16
2004–2019

Resolving insolvency - Score in Guyana, 2004–2019

051015202004201120192004: 222005: 222006: 222007: 21.92008: 21.92009: 21.92010: 222011: 222012: 222013: 22.22014: 22.32015: 22.42016: 22.42017: 22.42018: 22.42019: 22.4

Source: World Bank.

Analysis

Guyana recorded 22.38 for resolving insolvency - score in 2019.

The figure is up 2.0% over ten years.

Over the whole period, resolving insolvency - score in Guyana peaked at 22.43 in 2015 and was at its lowest, 21.88, in 2007.

That places Guyana 164th out of 191 countries with data for 2019, putting it in the bottom quarter.

Resolving insolvency - Score in Guyana, year by year

Annual values for Resolving insolvency - Score in Guyana, 2004 to 2019.
Year Value Change
2004 21.99
2005 21.99 -0.0%
2006 21.99 +0.0%
2007 21.88 -0.5%
2008 21.95 +0.3%
2009 21.95 +0.0%
2010 21.99 +0.2%
2011 21.99 -0.0%
2012 21.99 +0.0%
2013 22.16 +0.8%
2014 22.25 +0.4%
2015 22.43 +0.8%
2016 22.43 -0.0%
2017 22.38 -0.2%
2018 22.38 +0.0%
2019 22.38 +0.0%

Guyana compared with similar countries

  • Guyana's 22.38 is below the median for high income countries, which is 64.05, 35% of the median. (62 countries reporting)
  • Guyana's 22.38 is below the median for Latin America & Caribbean, which is 40.03, 56% of the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 21.96 21.88 21.99 6
2010s 22.24 21.99 22.43 10

Countries ranked near Guyana

  1. 161 Ecuador 25.46 compare
  2. 162 Ghana 25.41 compare
  3. 163 Sierra Leone 24.73 compare
  4. 165 Myanmar 20.39 compare
  5. 166 Venezuela 18.5 compare
  6. 167 Palau 16.38 compare

See the full ranking of 191 places →

More reference data data for Guyana

All data for Guyana →

Frequently asked questions

What is resolving insolvency - score in Guyana?
Resolving insolvency - score in Guyana was 22.38 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Guyana?
The highest recorded value was 22.43 in 2015.
What is the lowest resolving insolvency - score recorded in Guyana?
The lowest recorded value was 21.88 in 2007.
How does Guyana rank for resolving insolvency - score?
Guyana ranks 164th out of 191 countries with data for 2019.
Is resolving insolvency - score rising or falling in Guyana?
Over the last ten years it is up 2.0%. The long-run trend across the full record is flat.
Where does this Guyana 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.