Canada vs Iceland: Resolving insolvency: Recovery rate
Canada
86.7 cents on the dollar
in 2019
Iceland
85.5 cents on the dollar
in 2019
Canada rank
10th
Iceland rank
12th
Resolving insolvency: Recovery rate over time
- Canada
- Iceland
How they compare
Canada currently reports 86.7 cents on the dollar against 85.5 cents on the dollar in Iceland, a difference of 1.2 cents on the dollar.
Across all 16 years both countries report, Canada has been ahead every year.
Canada ranks 10th and Iceland ranks 12th of 190 countries.
Canada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Canada | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 89.2 cents on the dollar | 79.43 cents on the dollar | 9.77 cents on the dollar | Canada |
| 2010s | 88.36 cents on the dollar | 84.23 cents on the dollar | 4.13 cents on the dollar | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Canada or Iceland?
- Canada, at 86.7 cents on the dollar against 85.5 cents on the dollar in Iceland as of 2019.
- What is the difference in resolving insolvency: recovery rate between Canada and Iceland?
- 1.2 cents on the dollar, with Canada ahead.
- How many years of comparable data are there for Canada and Iceland?
- 16 years are reported by both, from 2004 to 2019.
- How do Canada and Iceland rank globally for resolving insolvency: recovery rate?
- Canada ranks 10th 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.