Gambia vs Tonga: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Gambia
- Tonga
How they compare
Tonga currently reports 28.2 cents on the dollar against 27.8 cents on the dollar in Gambia, a difference of 0.4 cents on the dollar.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Gambia ahead.
Gambia ranks 118th and Tonga ranks 115th of 190 countries.
Gambia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Gambia | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 27.32 cents on the dollar | 25.56 cents on the dollar | 1.76 cents on the dollar | Gambia |
| 2010s | 27.55 cents on the dollar | 27.12 cents on the dollar | 0.43 cents on the dollar | Gambia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Gambia or Tonga?
- Tonga, at 28.2 cents on the dollar against 27.8 cents on the dollar in Gambia as of 2019.
- What is the difference in resolving insolvency: recovery rate between Gambia and Tonga?
- 0.4 cents on the dollar, with Tonga ahead.
- How many years of comparable data are there for Gambia and Tonga?
- 15 years are reported by both, from 2005 to 2019.
- How do Gambia and Tonga rank globally for resolving insolvency: recovery rate?
- Gambia ranks 118th and Tonga ranks 115th 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.