Resolving insolvency: Strength of insolvency framework index in Greece

Greece: Resolving insolvency: Strength of insolvency framework index was 11.5 0-16 in 2019. ▲ Rising

Latest (2019)
11.5 0-16
Change on year
unchanged
World rank
43rd
of 190 countries
All-time high
11.5 0-16
in 2012
All-time low
4 0-16
in 2003
Years of data
17
2003–2019

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

46810122003201120192003: 4 0-162004: 4 0-162005: 4 0-162006: 4 0-162007: 4 0-162008: 10 0-162009: 10 0-162010: 10 0-162011: 10 0-162012: 11.5 0-162013: 11.5 0-162014: 11.5 0-162015: 11.5 0-162016: 11.5 0-162017: 11.5 0-162018: 11.5 0-162019: 11.5 0-16

Source: World Bank. Measured in 0-16.

Analysis

Greece recorded 11.5 0-16 for resolving insolvency: strength of insolvency framework index in 2019. That is the highest value across all 17 years on record.

That represents a change of up 15.0% over ten years.

Over the whole period, resolving insolvency: strength of insolvency framework index in Greece peaked at 11.5 0-16 in 2012 and was at its lowest, 4 0-16, in 2003.

Greece ranks 43rd of 190 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.71 0-16 4 0-16 10 0-16 7
2010s 11.2 0-16 10 0-16 11.5 0-16 10

Countries ranked near Greece

  1. 43 Pakistan 11.5 0-16 compare
  2. 43 Mexico 11.5 0-16 compare
  3. 43 Russia 11.5 0-16 compare
  4. 43 Bahrain 11.5 0-16 compare
  5. 43 Belgium 11.5 0-16 compare
  6. 43 Iceland 11.5 0-16 compare
  7. 43 Micronesia (country) 11.5 0-16 compare
  8. 43 Netherlands 11.5 0-16 compare
  9. 43 Norway 11.5 0-16 compare
  10. 43 Slovenia 11.5 0-16 compare
  11. 43 South Africa 11.5 0-16 compare

See the full ranking of 190 places →

More reference data data for Greece

All data for Greece →

Frequently asked questions

What is resolving insolvency: strength of insolvency framework index in Greece?
Resolving insolvency: strength of insolvency framework index in Greece was 11.5 0-16 in 2019, according to the World Bank.
What is the highest resolving insolvency: strength of insolvency framework index recorded in Greece?
The highest recorded value was 11.5 0-16 in 2012.
What is the lowest resolving insolvency: strength of insolvency framework index recorded in Greece?
The lowest recorded value was 4 0-16 in 2003.
How does Greece rank for resolving insolvency: strength of insolvency framework index?
Greece ranks 43rd out of 190 countries with data for 2019.
Is resolving insolvency: strength of insolvency framework index rising or falling in Greece?
Over the last ten years it is up 15.0%. The long-run trend across the full record is rising.
Where does this Greece 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 Greece. Statizoid. Retrieved 17 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-strength-of-insolvency-framework-index-0-16/greece/

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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.