Belgium vs Norway: Resolving insolvency: Recovery rate
Belgium
89.4 cents on the dollar
in 2019
Norway
91.9 cents on the dollar
in 2019
Belgium rank
5th
Norway rank
2nd
Resolving insolvency: Recovery rate over time
- Belgium
- Norway
How they compare
Norway currently reports 91.9 cents on the dollar against 89.4 cents on the dollar in Belgium, a difference of 2.5 cents on the dollar.
Across all 17 years both countries report, Norway has been ahead every year.
Belgium ranks 5th and Norway ranks 2nd of 190 countries.
Norway has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Belgium | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 86.23 cents on the dollar | 90.41 cents on the dollar | 4.19 cents on the dollar | Norway |
| 2010s | 88.4 cents on the dollar | 91.83 cents on the dollar | 3.43 cents on the dollar | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Belgium or Norway?
- Norway, at 91.9 cents on the dollar against 89.4 cents on the dollar in Belgium as of 2019.
- What is the difference in resolving insolvency: recovery rate between Belgium and Norway?
- 2.5 cents on the dollar, with Norway ahead.
- How many years of comparable data are there for Belgium and Norway?
- 17 years are reported by both, from 2003 to 2019.
- How do Belgium and Norway rank globally for resolving insolvency: recovery rate?
- Belgium ranks 5th and Norway ranks 2nd 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.