South Korea vs United Kingdom: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- South Korea
- United Kingdom
How they compare
United Kingdom currently reports 85.4 cents on the dollar against 84.3 cents on the dollar in South Korea, a difference of 1.1 cents on the dollar.
Across all 17 years both countries report, United Kingdom has been ahead every year.
South Korea ranks 14th and United Kingdom ranks 13th of 191 countries.
United Kingdom has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | South Korea | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 81.14 cents on the dollar | 84.99 cents on the dollar | 3.84 cents on the dollar | United Kingdom |
| 2010s | 83.29 cents on the dollar | 87.61 cents on the dollar | 4.32 cents on the dollar | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, South Korea or United Kingdom?
- United Kingdom, at 85.4 cents on the dollar against 84.3 cents on the dollar in South Korea as of 2019.
- What is the difference in resolving insolvency: recovery rate between South Korea and United Kingdom?
- 1.1 cents on the dollar, with United Kingdom ahead.
- How many years of comparable data are there for South Korea and United Kingdom?
- 17 years are reported by both, from 2003 to 2019.
- How do South Korea and United Kingdom rank globally for resolving insolvency: recovery rate?
- South Korea ranks 14th and United Kingdom ranks 13th 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.