Belgium vs Denmark: Resolving insolvency: Recovery rate

Belgium
89.4 cents on the dollar
in 2019
Denmark
88.5 cents on the dollar
in 2019
Belgium rank
5th
Denmark rank
7th

Resolving insolvency: Recovery rate over time

  • Belgium
  • Denmark
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How they compare

Belgium currently reports 89.4 cents on the dollar against 88.5 cents on the dollar in Denmark, a difference of 0.9 cents on the dollar.

The two have swapped places 4 times across 17 shared years of data; in 2003 it was Belgium ahead.

Belgium ranks 5th and Denmark ranks 7th of 190 countries.

Belgium has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Belgium Denmark Difference Ahead
2000s 86.23 cents on the dollar 74.84 cents on the dollar 11.39 cents on the dollar Belgium
2010s 88.4 cents on the dollar 87.92 cents on the dollar 0.48 cents on the dollar Belgium

Averages of every year both report within each decade.

Frequently asked questions

Which has higher resolving insolvency: recovery rate, Belgium or Denmark?
Belgium, at 89.4 cents on the dollar against 88.5 cents on the dollar in Denmark as of 2019.
What is the difference in resolving insolvency: recovery rate between Belgium and Denmark?
0.9 cents on the dollar, with Belgium ahead.
How many years of comparable data are there for Belgium and Denmark?
17 years are reported by both, from 2003 to 2019.
How do Belgium and Denmark rank globally for resolving insolvency: recovery rate?
Belgium ranks 5th and Denmark ranks 7th 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.

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Belgium vs Denmark: Resolving insolvency: Recovery rate. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/compare/resolving-insolvency-recovery-rate-cents-on-the-dollar/belgium/denmark/

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About this data

Indicator
Resolving insolvency: Recovery rate (cents on the dollar)
Unit
cents on the dollar
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

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.