Panama vs Papua New Guinea: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Panama
- Papua New Guinea
How they compare
Panama currently reports 27 cents on the dollar against 24.9 cents on the dollar in Papua New Guinea, a difference of 2.1 cents on the dollar.
That makes Panama's figure about 1.1 times Papua New Guinea's.
Across all 17 years both countries report, Panama has been ahead every year.
Panama ranks 124th and Papua New Guinea ranks 127th of 191 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 26.3 cents on the dollar | 23.26 cents on the dollar | 3.04 cents on the dollar | Panama |
| 2010s | 27.28 cents on the dollar | 24.29 cents on the dollar | 2.99 cents on the dollar | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Panama or Papua New Guinea?
- Panama, at 27 cents on the dollar against 24.9 cents on the dollar in Papua New Guinea as of 2019.
- What is the difference in resolving insolvency: recovery rate between Panama and Papua New Guinea?
- 2.1 cents on the dollar, with Panama ahead.
- How many years of comparable data are there for Panama and Papua New Guinea?
- 17 years are reported by both, from 2003 to 2019.
- How do Panama and Papua New Guinea rank globally for resolving insolvency: recovery rate?
- Panama ranks 124th and Papua New Guinea ranks 127th 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.