Lesotho vs Tonga: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Lesotho
- Tonga
How they compare
Tonga currently reports 28.2 cents on the dollar against 28.1 cents on the dollar in Lesotho, a difference of 0.1 cents on the dollar.
The two have swapped places 2 times across 17 shared years of data; in 2003 it was Tonga ahead.
Lesotho ranks 114th and Tonga ranks 113th of 188 countries.
Lesotho has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lesotho | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 26.26 cents on the dollar | 25.8 cents on the dollar | 0.4571 cents on the dollar | Lesotho |
| 2010s | 28.43 cents on the dollar | 27.12 cents on the dollar | 1.31 cents on the dollar | Lesotho |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Lesotho or Tonga?
- Tonga, at 28.2 cents on the dollar against 28.1 cents on the dollar in Lesotho as of 2019.
- What is the difference in resolving insolvency: recovery rate between Lesotho and Tonga?
- 0.1 cents on the dollar, with Tonga ahead.
- How many years of comparable data are there for Lesotho and Tonga?
- 17 years are reported by both, from 2003 to 2019.
- How do Lesotho and Tonga rank globally for resolving insolvency: recovery rate?
- Lesotho ranks 114th and Tonga ranks 113th of 188 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.