Resolving insolvency - Score in Romania

Romania: Resolving insolvency - Score was 59.13 in 2019. ▲ Rising

Latest (2019)
59.13
Change on year
down 1.2%
World rank
54th
of 188 countries
All-time high
59.87
in 2018
All-time low
42.76
in 2003
Years of data
17
2003–2019

Resolving insolvency - Score in Romania, 2003–2019

02040602003201120192003: 42.82004: 42.82005: 48.52006: 49.82007: 56.22008: 56.52009: 55.92010: 54.42011: 562012: 56.42013: 56.72014: 57.12015: 58.22016: 59.22017: 59.82018: 59.92019: 59.1

Source: World Bank.

Analysis

Romania recorded 59.13 for resolving insolvency - score in 2019.

Compared with earlier readings it is down 1.2% on the previous year and up 5.7% over ten years.

Over the whole period, resolving insolvency - score in Romania peaked at 59.87 in 2018 and was at its lowest, 42.76, in 2003.

Romania ranks 54th of 188 countries on this measure, 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 50.34 42.76 56.48 7
2010s 57.69 54.45 59.87 10

Countries ranked near Romania

  1. 51 Chile 60.06 compare
  2. 52 Estonia 60.06 compare
  3. 53 Latvia 59.79 compare
  4. 55 Russia 59.1 compare
  5. 56 Pakistan 58.99 compare
  6. 57 Brunei 58.23 compare

See the full ranking of 190 places →

More reference data data for Romania

All data for Romania →

Frequently asked questions

What is resolving insolvency - score in Romania?
Resolving insolvency - score in Romania was 59.13 in 2019, according to the World Bank.
What is the highest resolving insolvency - score recorded in Romania?
The highest recorded value was 59.87 in 2018.
What is the lowest resolving insolvency - score recorded in Romania?
The lowest recorded value was 42.76 in 2003.
How does Romania rank for resolving insolvency - score?
Romania ranks 54th out of 188 countries with data for 2019.
Is resolving insolvency - score rising or falling in Romania?
Over the last ten years it is up 5.7%. The long-run trend across the full record is rising.
Where does this Romania 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

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.