Resolving insolvency: Strength of insolvency framework index in Lithuania

Lithuania: Resolving insolvency: Strength of insolvency framework index was 8 0-16 in 2019. ▬ Flat

Latest (2019)
8 0-16
Change on year
unchanged
World rank
106th
of 188 countries
All-time high
8 0-16
in 2003
All-time low
8 0-16
in 2003
Years of data
17
2003–2019

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

024682003201120192003: 8 0-162004: 8 0-162005: 8 0-162006: 8 0-162007: 8 0-162008: 8 0-162009: 8 0-162010: 8 0-162011: 8 0-162012: 8 0-162013: 8 0-162014: 8 0-162015: 8 0-162016: 8 0-162017: 8 0-162018: 8 0-162019: 8 0-16

Source: World Bank. Measured in 0-16.

Analysis

In 2019, resolving insolvency: strength of insolvency framework index in Lithuania stood at 8 0-16. That is the highest value across all 17 years on record.

That represents a change of unchanged over ten years.

Over the whole period, resolving insolvency: strength of insolvency framework index in Lithuania peaked at 8 0-16 in 2003 and was at its lowest, 8 0-16, in 2003.

That places Lithuania 106th out of 188 countries with data for 2019, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 8 0-16 8 0-16 8 0-16 7
2010s 8 0-16 8 0-16 8 0-16 10

Countries ranked near Lithuania

  1. 106 Jordan 8 0-16 compare
  2. 106 Nepal 8 0-16 compare
  3. 106 Panama 8 0-16 compare
  4. 106 Uzbekistan 8 0-16 compare

See the full ranking of 190 places →

More reference data data for Lithuania

All data for Lithuania →

Frequently asked questions

What is resolving insolvency: strength of insolvency framework index in Lithuania?
Resolving insolvency: strength of insolvency framework index in Lithuania was 8 0-16 in 2019, according to the World Bank.
What is the highest resolving insolvency: strength of insolvency framework index recorded in Lithuania?
The highest recorded value was 8 0-16 in 2003.
What is the lowest resolving insolvency: strength of insolvency framework index recorded in Lithuania?
The lowest recorded value was 8 0-16 in 2003.
How does Lithuania rank for resolving insolvency: strength of insolvency framework index?
Lithuania ranks 106th out of 188 countries with data for 2019.
Is resolving insolvency: strength of insolvency framework index rising or falling in Lithuania?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Lithuania 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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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.