South Korea vs United States: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- South Korea
- United States
How they compare
South Korea currently reports 84.3 cents on the dollar against 81 cents on the dollar in United States, a difference of 3.3 cents on the dollar.
The two have swapped places 2 times across 17 shared years of data; in 2003 it was South Korea ahead.
South Korea ranks 14th and United States ranks 17th of 191 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | South Korea | United States | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 81.14 cents on the dollar | 78.19 cents on the dollar | 2.96 cents on the dollar | South Korea |
| 2010s | 83.29 cents on the dollar | 81.86 cents on the dollar | 1.43 cents on the dollar | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, South Korea or United States?
- South Korea, at 84.3 cents on the dollar against 81 cents on the dollar in United States as of 2019.
- What is the difference in resolving insolvency: recovery rate between South Korea and United States?
- 3.3 cents on the dollar, with South Korea ahead.
- How many years of comparable data are there for South Korea and United States?
- 17 years are reported by both, from 2003 to 2019.
- How do South Korea and United States rank globally for resolving insolvency: recovery rate?
- South Korea ranks 14th and United States ranks 17th 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.