Iceland vs Korea: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Iceland
- Korea
How they compare
Iceland currently reports 85.5 cents on the dollar against 84.3 cents on the dollar in Korea, a difference of 1.2 cents on the dollar.
The two have swapped places 4 times across 16 shared years of data; in 2004 it was Iceland ahead.
Iceland ranks 12th and Korea ranks 14th of 190 countries.
Across the 2 decades both report, Iceland averaged higher in 1 and Korea in 1.
Head to head by decade
| Decade | Iceland | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 79.43 cents on the dollar | 81.17 cents on the dollar | 1.73 cents on the dollar | Korea |
| 2010s | 84.23 cents on the dollar | 83.29 cents on the dollar | 0.94 cents on the dollar | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Iceland or Korea?
- Iceland, at 85.5 cents on the dollar against 84.3 cents on the dollar in Korea as of 2019.
- What is the difference in resolving insolvency: recovery rate between Iceland and Korea?
- 1.2 cents on the dollar, with Iceland ahead.
- How many years of comparable data are there for Iceland and Korea?
- 16 years are reported by both, from 2004 to 2019.
- How do Iceland and Korea rank globally for resolving insolvency: recovery rate?
- Iceland ranks 12th and Korea ranks 14th 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.