Australia vs United Kingdom of Great Britain and Northern Ireland: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Australia
- United Kingdom of Great Britain and Northern Ireland
How they compare
United Kingdom of Great Britain and Northern Ireland currently reports 85.4 cents on the dollar against 82.7 cents on the dollar in Australia, a difference of 2.7 cents on the dollar.
Across all 17 years both countries report, United Kingdom of Great Britain and Northern Ireland has been ahead every year.
Australia ranks 15th and United Kingdom of Great Britain and Northern Ireland ranks 13th of 191 countries.
United Kingdom of Great Britain and Northern Ireland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 79.57 cents on the dollar | 84.99 cents on the dollar | 5.41 cents on the dollar | United Kingdom of Great Britain and Northern Ireland |
| 2010s | 81.9 cents on the dollar | 87.61 cents on the dollar | 5.71 cents on the dollar | United Kingdom of Great Britain and Northern Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Australia or United Kingdom of Great Britain and Northern Ireland?
- United Kingdom of Great Britain and Northern Ireland, at 85.4 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 United Kingdom of Great Britain and Northern Ireland?
- 2.7 cents on the dollar, with United Kingdom of Great Britain and Northern Ireland ahead.
- How many years of comparable data are there for Australia and United Kingdom of Great Britain and Northern Ireland?
- 17 years are reported by both, from 2003 to 2019.
- How do Australia and United Kingdom of Great Britain and Northern Ireland rank globally for resolving insolvency: recovery rate?
- Australia ranks 15th and United Kingdom of Great Britain and Northern Ireland ranks 13th 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.