Montenegro vs North Macedonia: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Montenegro
- North Macedonia
How they compare
Montenegro currently reports 50.3 cents on the dollar against 48 cents on the dollar in North Macedonia, a difference of 2.3 cents on the dollar.
Across all 14 years both countries report, Montenegro has been ahead every year.
Montenegro ranks 46th and North Macedonia ranks 49th of 191 countries.
Montenegro has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Montenegro | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 43 cents on the dollar | 40.62 cents on the dollar | 2.38 cents on the dollar | Montenegro |
| 2010s | 47.81 cents on the dollar | 44.89 cents on the dollar | 2.92 cents on the dollar | Montenegro |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Montenegro or North Macedonia?
- Montenegro, at 50.3 cents on the dollar against 48 cents on the dollar in North Macedonia as of 2019.
- What is the difference in resolving insolvency: recovery rate between Montenegro and North Macedonia?
- 2.3 cents on the dollar, with Montenegro ahead.
- How many years of comparable data are there for Montenegro and North Macedonia?
- 14 years are reported by both, from 2006 to 2019.
- How do Montenegro and North Macedonia rank globally for resolving insolvency: recovery rate?
- Montenegro ranks 46th and North Macedonia ranks 49th 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.