Canada vs Finland: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Canada
- Finland
How they compare
Finland currently reports 88 cents on the dollar against 86.7 cents on the dollar in Canada, a difference of 1.3 cents on the dollar.
The two have swapped places 1 time across 17 shared years of data; in 2003 it was Canada ahead.
Canada ranks 10th and Finland ranks 8th of 190 countries.
Across the 2 decades both report, Canada averaged higher in 1 and Finland in 1.
Head to head by decade
| Decade | Canada | Finland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 89.27 cents on the dollar | 88.17 cents on the dollar | 1.1 cents on the dollar | Canada |
| 2010s | 88.36 cents on the dollar | 89.36 cents on the dollar | 1 cents on the dollar | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Canada or Finland?
- Finland, at 88 cents on the dollar against 86.7 cents on the dollar in Canada as of 2019.
- What is the difference in resolving insolvency: recovery rate between Canada and Finland?
- 1.3 cents on the dollar, with Finland ahead.
- How many years of comparable data are there for Canada and Finland?
- 17 years are reported by both, from 2003 to 2019.
- How do Canada and Finland rank globally for resolving insolvency: recovery rate?
- Canada ranks 10th and Finland ranks 8th 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.