Resolving insolvency - Score in Latvia

Latvia: Resolving insolvency - Score was 59.79 in 2019. β–² Rising

Latest (2019)
59.79
Change on year
up 0.3%
World rank
53rd
of 188 countries
All-time high
63.95
in 2016
All-time low
36.97
in 2005
Years of data
17
2003–2019

Resolving insolvency - Score in Latvia, 2003–2019

02040602003201120192003: 382004: 38.12005: 372006: 37.52007: 37.42008: 42.22009: 42.22010: 43.72011: 62.52012: 63.22013: 63.62014: 63.42015: 63.42016: 642017: 59.12018: 59.62019: 59.8

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 53rd out of 188 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 38.89 36.97 42.18 7
2010s 60.22 43.71 63.95 10

Countries ranked near Latvia

  1. 50 India 61.95 compare
  2. 51 Chile 60.06 compare
  3. 52 Estonia 60.06 compare
  4. 54 Romania 59.13 compare
  5. 55 Russia 59.1 compare
  6. 56 Pakistan 58.99 compare

See the full ranking of 190 places β†’

More reference data data for Latvia

All data for Latvia β†’

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 53rd out of 188 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 Β· JSON β€” 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Resolving insolvency - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 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.