Ireland vs Korea: Resolving insolvency: Recovery rate
Ireland
86.1 cents on the dollar
in 2019
Korea
84.3 cents on the dollar
in 2019
Ireland rank
11th
Korea rank
14th
Resolving insolvency: Recovery rate over time
- Ireland
- Korea
How they compare
Ireland currently reports 86.1 cents on the dollar against 84.3 cents on the dollar in Korea, a difference of 1.8 cents on the dollar.
Across all 17 years both countries report, Ireland has been ahead every year.
Ireland ranks 11th and Korea ranks 14th of 190 countries.
Ireland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ireland | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 87.4 cents on the dollar | 81.14 cents on the dollar | 6.26 cents on the dollar | Ireland |
| 2010s | 87.04 cents on the dollar | 83.29 cents on the dollar | 3.75 cents on the dollar | Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Ireland or Korea?
- Ireland, at 86.1 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 Ireland and Korea?
- 1.8 cents on the dollar, with Ireland ahead.
- How many years of comparable data are there for Ireland and Korea?
- 17 years are reported by both, from 2003 to 2019.
- How do Ireland and Korea rank globally for resolving insolvency: recovery rate?
- Ireland ranks 11th 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.