Hong Kong, China vs Iceland: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Hong Kong, China
- Iceland
How they compare
Hong Kong, China currently reports 87.2 cents on the dollar against 85.5 cents on the dollar in Iceland, a difference of 1.7 cents on the dollar.
The two have swapped places 3 times across 16 shared years of data; in 2004 it was Iceland ahead.
Hong Kong, China ranks 9th and Iceland ranks 12th of 191 countries.
Hong Kong, China has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hong Kong, China | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 79.93 cents on the dollar | 79.43 cents on the dollar | 0.5 cents on the dollar | Hong Kong, China |
| 2010s | 84.8 cents on the dollar | 84.23 cents on the dollar | 0.57 cents on the dollar | Hong Kong, China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Hong Kong, China or Iceland?
- Hong Kong, China, at 87.2 cents on the dollar against 85.5 cents on the dollar in Iceland as of 2019.
- What is the difference in resolving insolvency: recovery rate between Hong Kong, China and Iceland?
- 1.7 cents on the dollar, with Hong Kong, China ahead.
- How many years of comparable data are there for Hong Kong, China and Iceland?
- 16 years are reported by both, from 2004 to 2019.
- How do Hong Kong, China and Iceland rank globally for resolving insolvency: recovery rate?
- Hong Kong, China ranks 9th and Iceland ranks 12th 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.