Finland vs Singapore: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Finland
- Singapore
How they compare
Singapore currently reports 88.7 cents on the dollar against 88 cents on the dollar in Finland, a difference of 0.7 cents on the dollar.
The two have swapped places 2 times across 17 shared years of data; in 2003 it was Singapore ahead.
Finland ranks 8th and Singapore ranks 6th of 191 countries.
Across the 2 decades both report, Finland averaged higher in 1 and Singapore in 1.
Head to head by decade
| Decade | Finland | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 88.17 cents on the dollar | 89.7 cents on the dollar | 1.53 cents on the dollar | Singapore |
| 2010s | 89.36 cents on the dollar | 89.11 cents on the dollar | 0.25 cents on the dollar | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Finland or Singapore?
- Singapore, at 88.7 cents on the dollar against 88 cents on the dollar in Finland as of 2019.
- What is the difference in resolving insolvency: recovery rate between Finland and Singapore?
- 0.7 cents on the dollar, with Singapore ahead.
- How many years of comparable data are there for Finland and Singapore?
- 17 years are reported by both, from 2003 to 2019.
- How do Finland and Singapore rank globally for resolving insolvency: recovery rate?
- Finland ranks 8th and Singapore ranks 6th of 191 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.