Madagascar vs Türkiye: Resolving insolvency: Recovery rate

Madagascar
12.4 cents on the dollar
in 2019
Türkiye
10.5 cents on the dollar
in 2019
Madagascar rank
158th
Türkiye rank
160th

Resolving insolvency: Recovery rate over time

  • Madagascar
  • Türkiye
0102030200320112019

How they compare

Madagascar currently reports 12.4 cents on the dollar against 10.5 cents on the dollar in Türkiye, a difference of 1.9 cents on the dollar.

That makes Madagascar's figure about 1.2 times Türkiye's.

The two have swapped places 2 times across 17 shared years of data; in 2003 it was Madagascar ahead.

Madagascar ranks 158th and Türkiye ranks 160th of 191 countries.

Across the 2 decades both report, Madagascar averaged higher in 1 and Türkiye in 1.

Head to head by decade

Decade Madagascar Türkiye Difference Ahead
2000s 20.87 cents on the dollar 14.81 cents on the dollar 6.06 cents on the dollar Madagascar
2010s 12.33 cents on the dollar 19.49 cents on the dollar 7.16 cents on the dollar Türkiye

Averages of every year both report within each decade.

Frequently asked questions

Which has higher resolving insolvency: recovery rate, Madagascar or Türkiye?
Madagascar, at 12.4 cents on the dollar against 10.5 cents on the dollar in Türkiye as of 2019.
What is the difference in resolving insolvency: recovery rate between Madagascar and Türkiye?
1.9 cents on the dollar, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Türkiye?
17 years are reported by both, from 2003 to 2019.
How do Madagascar and Türkiye rank globally for resolving insolvency: recovery rate?
Madagascar ranks 158th and Türkiye ranks 160th 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

Share, cite or embed this page

Cite this page

Madagascar vs Türkiye: Resolving insolvency: Recovery rate. Statizoid. Retrieved 24 August 2026, from https://reference.statizoid.com/compare/resolving-insolvency-recovery-rate-cents-on-the-dollar/madagascar/turkiye/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/compare/resolving-insolvency-recovery-rate-cents-on-the-dollar/madagascar/turkiye/">Madagascar vs Türkiye: Resolving insolvency: Recovery rate</a> — Statizoid

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
191 places, 3,094 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.