Time to Resolve Insolvency in Georgia

Source: World Bank
Last Updated: December 30, 2020

Time to resolve insolvency reached 2.00 years in 2019 in Georgia, according to the National Statistical Office. This is 0% more than in the previous year.

Historically, time to resolve insolvency in Georgia reached an all time high of 3.30 years in 2003 and an all time low of 2.00 years in 2019.

Georgia has been ranked 100th within the group of 155 countries we follow in terms of time to resolve insolvency.

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