Albania vs Luxembourg: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Albania
- Luxembourg
How they compare
Albania currently reports 44.6 cents on the dollar against 43.9 cents on the dollar in Luxembourg, a difference of 0.7 cents on the dollar.
The two have swapped places 1 time across 14 shared years of data; in 2006 it was Luxembourg ahead.
Albania ranks 55th and Luxembourg ranks 59th of 191 countries.
Luxembourg has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Albania | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 38.33 cents on the dollar | 41.65 cents on the dollar | 3.33 cents on the dollar | Luxembourg |
| 2010s | 41.57 cents on the dollar | 43.72 cents on the dollar | 2.15 cents on the dollar | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Albania or Luxembourg?
- Albania, at 44.6 cents on the dollar against 43.9 cents on the dollar in Luxembourg as of 2019.
- What is the difference in resolving insolvency: recovery rate between Albania and Luxembourg?
- 0.7 cents on the dollar, with Albania ahead.
- How many years of comparable data are there for Albania and Luxembourg?
- 14 years are reported by both, from 2006 to 2019.
- How do Albania and Luxembourg rank globally for resolving insolvency: recovery rate?
- Albania ranks 55th and Luxembourg ranks 59th of 191 countries.
- Where does this data come from?
- The World Bank, published as Resolving insolvency: Recovery rate (cents on the dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The recovery rate is recorded as cents on the dollar recovered by secured creditors through judicial reorganization, liquidation or debt enforcement (foreclosure or receivership) proceedings. The calculation takes into account the outcome: whether the business emerges from the proceedings as a going concern or the assets are sold piecemeal.