Ghana vs Papua New Guinea: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Ghana
- Papua New Guinea
How they compare
Papua New Guinea currently reports 24.9 cents on the dollar against 24 cents on the dollar in Ghana, a difference of 0.9 cents on the dollar.
The two have swapped places 3 times across 17 shared years of data; in 2003 it was Ghana ahead.
Ghana ranks 129th and Papua New Guinea ranks 127th of 191 countries.
Ghana has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ghana | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.34 cents on the dollar | 23.26 cents on the dollar | 1.09 cents on the dollar | Ghana |
| 2010s | 24.39 cents on the dollar | 24.29 cents on the dollar | 0.1 cents on the dollar | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Ghana or Papua New Guinea?
- Papua New Guinea, at 24.9 cents on the dollar against 24 cents on the dollar in Ghana as of 2019.
- What is the difference in resolving insolvency: recovery rate between Ghana and Papua New Guinea?
- 0.9 cents on the dollar, with Papua New Guinea ahead.
- How many years of comparable data are there for Ghana and Papua New Guinea?
- 17 years are reported by both, from 2003 to 2019.
- How do Ghana and Papua New Guinea rank globally for resolving insolvency: recovery rate?
- Ghana ranks 129th and Papua New Guinea ranks 127th 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.