Georgia - Strength of legal rights index
Strength of legal rights index (0=weak to 10=strong)
The value for Strength of legal rights index (0=weak to 10=strong) in Georgia was 8.00 as of 2011. As the graph below shows, over the past 7 years this indicator reached a maximum value of 8.00 in 2011 and a minimum value of 5.00 in 2004.
Definition: Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 10, with higher scores indicating that these laws are better designed to expand access to credit.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
See also:
| Year | Value |
|---|---|
| 2004 | 5.00 |
| 2005 | 5.00 |
| 2006 | 5.00 |
| 2007 | 5.00 |
| 2008 | 6.00 |
| 2009 | 6.00 |
| 2010 | 7.00 |
| 2011 | 8.00 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Business environment
