Resolving insolvency: Strength of insolvency framework index in Georgia

Georgia: Resolving insolvency: Strength of insolvency framework index was 11 0-16 in 2019. ▼ Falling

Latest (2019)
11 0-16
Change on year
unchanged
World rank
55th
of 190 countries
All-time high
11 0-16
in 2017
All-time low
6 0-16
in 2008
Years of data
17
2003–2019

Resolving insolvency: Strength of insolvency framework index in Georgia, 2003–2019

02.557.5102003201120192003: 10 0-162004: 10 0-162005: 10 0-162006: 10 0-162007: 10 0-162008: 6 0-162009: 6 0-162010: 6 0-162011: 6 0-162012: 6 0-162013: 6 0-162014: 6 0-162015: 6 0-162016: 6 0-162017: 11 0-162018: 11 0-162019: 11 0-16

Source: World Bank. Measured in 0-16.

Analysis

In 2019, resolving insolvency: strength of insolvency framework index in Georgia stood at 11 0-16. That is the highest value across all 17 years on record.

The figure is up 83.3% over ten years.

Over the whole period, resolving insolvency: strength of insolvency framework index in Georgia peaked at 11 0-16 in 2017 and was at its lowest, 6 0-16, in 2008.

Georgia ranks 55th of 190 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 8.86 0-16 6 0-16 10 0-16 7
2010s 7.5 0-16 6 0-16 11 0-16 10

Countries ranked near Georgia

  1. 55 Australia 11 0-16 compare
  2. 55 Austria 11 0-16 compare
  3. 55 Barbados 11 0-16 compare
  4. 55 Canada 11 0-16 compare
  5. 55 Colombia 11 0-16 compare
  6. 55 France 11 0-16 compare
  7. 55 Jamaica 11 0-16 compare
  8. 55 Trinidad and Tobago 11 0-16 compare
  9. 55 United Arab Emirates 11 0-16 compare
  10. 55 United Kingdom 11 0-16 compare

See the full ranking of 190 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is resolving insolvency: strength of insolvency framework index in Georgia?
Resolving insolvency: strength of insolvency framework index in Georgia was 11 0-16 in 2019, according to the World Bank.
What is the highest resolving insolvency: strength of insolvency framework index recorded in Georgia?
The highest recorded value was 11 0-16 in 2017.
What is the lowest resolving insolvency: strength of insolvency framework index recorded in Georgia?
The lowest recorded value was 6 0-16 in 2008.
How does Georgia rank for resolving insolvency: strength of insolvency framework index?
Georgia ranks 55th out of 190 countries with data for 2019.
Is resolving insolvency: strength of insolvency framework index rising or falling in Georgia?
Over the last ten years it is up 83.3%. The long-run trend across the full record is falling.
Where does this Georgia data come from?
The figures come from the World Bank, published as part of Resolving insolvency: Strength of insolvency framework index (0-16). Statizoid updates them automatically from the source API.

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Resolving insolvency: Strength of insolvency framework index in Georgia. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-strength-of-insolvency-framework-index-0-16/georgia/

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About this data

Indicator
Resolving insolvency: Strength of insolvency framework index (0-16)
Unit
0-16
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,230 data points, 2003–2019
Last refreshed

The strength of insolvency framework index measures the legal framework applicable to judicial liquidation and reorganization proceedings and the extent to which best insolvency practices have been implemented in each economy covered by the Doing Business. This index ranges has four components, the commencement of proceedings index, management of debtor’s assets index, reorganization proceedings index and creditor participation index.