Chile vs Latvia: Resolving insolvency: Recovery rate

Chile
41.9 cents on the dollar
in 2019
Latvia
41.4 cents on the dollar
in 2019
Chile rank
64th
Latvia rank
65th

Resolving insolvency: Recovery rate over time

  • Chile
  • Latvia
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How they compare

Chile currently reports 41.9 cents on the dollar against 41.4 cents on the dollar in Latvia, a difference of 0.5 cents on the dollar.

The two have swapped places 3 times across 17 shared years of data; in 2003 it was Latvia ahead.

Chile ranks 64th and Latvia ranks 65th of 190 countries.

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

Head to head by decade

Decade Chile Latvia Difference Ahead
2000s 25.67 cents on the dollar 33.27 cents on the dollar 7.6 cents on the dollar Latvia
2010s 34.66 cents on the dollar 44.25 cents on the dollar 9.59 cents on the dollar Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher resolving insolvency: recovery rate, Chile or Latvia?
Chile, at 41.9 cents on the dollar against 41.4 cents on the dollar in Latvia as of 2019.
What is the difference in resolving insolvency: recovery rate between Chile and Latvia?
0.5 cents on the dollar, with Chile ahead.
How many years of comparable data are there for Chile and Latvia?
17 years are reported by both, from 2003 to 2019.
How do Chile and Latvia rank globally for resolving insolvency: recovery rate?
Chile ranks 64th and Latvia ranks 65th 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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Chile vs Latvia: Resolving insolvency: Recovery rate. Statizoid. Retrieved 19 August 2026, from https://reference.statizoid.com/compare/resolving-insolvency-recovery-rate-cents-on-the-dollar/chile/latvia/

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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.