Australia vs Iceland: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Australia
- Iceland
How they compare
Iceland currently reports 85.5 cents on the dollar against 82.7 cents on the dollar in Australia, a difference of 2.8 cents on the dollar.
The two have swapped places 2 times across 16 shared years of data; in 2004 it was Iceland ahead.
Australia ranks 15th and Iceland ranks 12th of 190 countries.
Across the 2 decades both report, Australia averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Australia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 79.45 cents on the dollar | 79.43 cents on the dollar | 0.0167 cents on the dollar | Australia |
| 2010s | 81.9 cents on the dollar | 84.23 cents on the dollar | 2.33 cents on the dollar | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Australia or Iceland?
- Iceland, at 85.5 cents on the dollar against 82.7 cents on the dollar in Australia as of 2019.
- What is the difference in resolving insolvency: recovery rate between Australia and Iceland?
- 2.8 cents on the dollar, with Iceland ahead.
- How many years of comparable data are there for Australia and Iceland?
- 16 years are reported by both, from 2004 to 2019.
- How do Australia and Iceland rank globally for resolving insolvency: recovery rate?
- Australia ranks 15th and Iceland ranks 12th of 190 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.