Luxembourg vs Sri Lanka: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Luxembourg
- Sri Lanka
How they compare
Luxembourg currently reports 43.9 cents on the dollar against 43 cents on the dollar in Sri Lanka, a difference of 0.9 cents on the dollar.
The two have swapped places 5 times across 14 shared years of data; in 2006 it was Sri Lanka ahead.
Luxembourg ranks 59th and Sri Lanka ranks 61st of 191 countries.
Luxembourg has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Luxembourg | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 41.65 cents on the dollar | 41.53 cents on the dollar | 0.125 cents on the dollar | Luxembourg |
| 2010s | 43.72 cents on the dollar | 43.6 cents on the dollar | 0.12 cents on the dollar | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Luxembourg or Sri Lanka?
- Luxembourg, at 43.9 cents on the dollar against 43 cents on the dollar in Sri Lanka as of 2019.
- What is the difference in resolving insolvency: recovery rate between Luxembourg and Sri Lanka?
- 0.9 cents on the dollar, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and Sri Lanka?
- 14 years are reported by both, from 2006 to 2019.
- How do Luxembourg and Sri Lanka rank globally for resolving insolvency: recovery rate?
- Luxembourg ranks 59th and Sri Lanka ranks 61st 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.