Cyprus vs Spain: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Cyprus
- Spain
How they compare
Spain currently reports 77.5 cents on the dollar against 73.8 cents on the dollar in Cyprus, a difference of 3.7 cents on the dollar.
That makes Spain's figure about 1.1 times Cyprus's.
The two have swapped places 3 times across 12 shared years of data; in 2008 it was Cyprus ahead.
Cyprus ranks 25th and Spain ranks 23rd of 188 countries.
Across the 2 decades both report, Cyprus averaged higher in 1 and Spain in 1.
Head to head by decade
| Decade | Cyprus | Spain | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 70.7 cents on the dollar | 67.6 cents on the dollar | 3.1 cents on the dollar | Cyprus |
| 2010s | 71.75 cents on the dollar | 74.71 cents on the dollar | 2.96 cents on the dollar | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Cyprus or Spain?
- Spain, at 77.5 cents on the dollar against 73.8 cents on the dollar in Cyprus as of 2019.
- What is the difference in resolving insolvency: recovery rate between Cyprus and Spain?
- 3.7 cents on the dollar, with Spain ahead.
- How many years of comparable data are there for Cyprus and Spain?
- 12 years are reported by both, from 2008 to 2019.
- How do Cyprus and Spain rank globally for resolving insolvency: recovery rate?
- Cyprus ranks 25th and Spain ranks 23rd of 188 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.