Libya vs Somalia: Resolving insolvency: Recovery rate

Libya
0 cents on the dollar
in 2019
Somalia
0 cents on the dollar
in 2019
Libya rank
164th
Somalia rank
164th

Resolving insolvency: Recovery rate over time

  • Libya
  • Somalia
00.20.40.60.81201220152019

How they compare

Libya currently reports 0 cents on the dollar against 0 cents on the dollar in Somalia, a difference of 0 cents on the dollar.

Across all 5 years both countries report, Somalia has been ahead every year.

Libya ranks 164th and Somalia ranks 164th of 188 countries.

Frequently asked questions

Which has higher resolving insolvency: recovery rate, Libya or Somalia?
Libya, at 0 cents on the dollar against 0 cents on the dollar in Somalia as of 2019.
What is the difference in resolving insolvency: recovery rate between Libya and Somalia?
0 cents on the dollar, with Libya ahead.
How many years of comparable data are there for Libya and Somalia?
5 years are reported by both, from 2015 to 2019.
How do Libya and Somalia rank globally for resolving insolvency: recovery rate?
Libya ranks 164th and Somalia ranks 164th 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

Indicator
Resolving insolvency: Recovery rate (cents on the dollar)
Unit
cents on the dollar
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

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.