Resolving insolvency - Score in Latvia
Latvia: Resolving insolvency - Score was 59.79 in 2019. ▲ Rising
Resolving insolvency - Score in Latvia, 2003–2019
Source: World Bank.
Analysis
The most recent figure for resolving insolvency - score in Latvia is 59.79, measured in 2019.
That represents a change of up 0.3% on the previous year and up 41.8% over ten years.
Over the whole period, resolving insolvency - score in Latvia peaked at 63.95 in 2016 and was at its lowest, 36.97, in 2005.
That places Latvia 56th 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 Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 37.99 | — |
| 2004 | 38.07 | +0.2% |
| 2005 | 36.97 | -2.9% |
| 2006 | 37.49 | +1.4% |
| 2007 | 37.37 | -0.3% |
| 2008 | 42.18 | +12.9% |
| 2009 | 42.18 | +0.0% |
| 2010 | 43.71 | +3.6% |
| 2011 | 62.47 | +42.9% |
| 2012 | 63.25 | +1.2% |
| 2013 | 63.57 | +0.5% |
| 2014 | 63.42 | -0.2% |
| 2015 | 63.39 | -0.0% |
| 2016 | 63.95 | +0.9% |
| 2017 | 59.09 | -7.6% |
| 2018 | 59.59 | +0.8% |
| 2019 | 59.79 | +0.3% |
Latvia compared with similar countries
- Latvia's 59.79 is below the median for high income countries, which is 64.05, 93% of the median. (62 countries reporting)
- Latvia's 59.79 is below the median for Europe & Central Asia, which is 66.15, 90% of the median. (49 countries reporting)
Biggest year-on-year movements
Years where Resolving insolvency - Score in Latvia 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.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +42.9% | 43.71 | 62.47 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.89 | 36.97 | 42.18 | 7 |
| 2010s | 60.22 | 43.71 | 63.95 | 10 |
Countries ranked near Latvia
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is resolving insolvency - score in Latvia?
- Resolving insolvency - score in Latvia was 59.79 in 2019, according to the World Bank.
- What is the highest resolving insolvency - score recorded in Latvia?
- The highest recorded value was 63.95 in 2016.
- What is the lowest resolving insolvency - score recorded in Latvia?
- The lowest recorded value was 36.97 in 2005.
- How does Latvia rank for resolving insolvency - score?
- Latvia ranks 56th out of 191 countries with data for 2019.
- Is resolving insolvency - score rising or falling in Latvia?
- Over the last ten years it is up 41.8%. The long-run trend across the full record is rising.
- Where does this Latvia 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
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.