Hong Kong, China vs Singapore: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Hong Kong, China
- Singapore
How they compare
Singapore currently reports 88.7 cents on the dollar against 87.2 cents on the dollar in Hong Kong, China, a difference of 1.5 cents on the dollar.
Across all 17 years both countries report, Singapore has been ahead every year.
Hong Kong, China ranks 9th and Singapore ranks 6th of 191 countries.
Singapore has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hong Kong, China | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 80.11 cents on the dollar | 89.7 cents on the dollar | 9.59 cents on the dollar | Singapore |
| 2010s | 84.8 cents on the dollar | 89.11 cents on the dollar | 4.31 cents on the dollar | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Hong Kong, China or Singapore?
- Singapore, at 88.7 cents on the dollar against 87.2 cents on the dollar in Hong Kong, China as of 2019.
- What is the difference in resolving insolvency: recovery rate between Hong Kong, China and Singapore?
- 1.5 cents on the dollar, with Singapore ahead.
- How many years of comparable data are there for Hong Kong, China and Singapore?
- 17 years are reported by both, from 2003 to 2019.
- How do Hong Kong, China and Singapore rank globally for resolving insolvency: recovery rate?
- Hong Kong, China ranks 9th 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.