Latvia vs Oman: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Latvia
- Oman
How they compare
Latvia currently reports 41.4 cents on the dollar against 41.1 cents on the dollar in Oman, a difference of 0.3 cents on the dollar.
The two have swapped places 3 times across 17 shared years of data; in 2003 it was Oman ahead.
Latvia ranks 65th and Oman ranks 68th of 190 countries.
Across the 2 decades both report, Latvia averaged higher in 1 and Oman in 1.
Head to head by decade
| Decade | Latvia | Oman | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 33.27 cents on the dollar | 38.53 cents on the dollar | 5.26 cents on the dollar | Oman |
| 2010s | 44.25 cents on the dollar | 40.68 cents on the dollar | 3.57 cents on the dollar | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Latvia or Oman?
- Latvia, at 41.4 cents on the dollar against 41.1 cents on the dollar in Oman as of 2019.
- What is the difference in resolving insolvency: recovery rate between Latvia and Oman?
- 0.3 cents on the dollar, with Latvia ahead.
- How many years of comparable data are there for Latvia and Oman?
- 17 years are reported by both, from 2003 to 2019.
- How do Latvia and Oman rank globally for resolving insolvency: recovery rate?
- Latvia ranks 65th and Oman ranks 68th 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.