Papua New Guinea vs Solomon Islands: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Papua New Guinea
- Solomon Islands
How they compare
Papua New Guinea currently reports 24.9 cents on the dollar against 24.4 cents on the dollar in Solomon Islands, a difference of 0.5 cents on the dollar.
The two have swapped places 3 times across 17 shared years of data; in 2003 it was Solomon Islands ahead.
Papua New Guinea ranks 127th and Solomon Islands ranks 128th of 191 countries.
Across the 2 decades both report, Papua New Guinea averaged higher in 1 and Solomon Islands in 1.
Head to head by decade
| Decade | Papua New Guinea | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.26 cents on the dollar | 23.36 cents on the dollar | 0.1 cents on the dollar | Solomon Islands |
| 2010s | 24.29 cents on the dollar | 24.18 cents on the dollar | 0.11 cents on the dollar | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Papua New Guinea or Solomon Islands?
- Papua New Guinea, at 24.9 cents on the dollar against 24.4 cents on the dollar in Solomon Islands as of 2019.
- What is the difference in resolving insolvency: recovery rate between Papua New Guinea and Solomon Islands?
- 0.5 cents on the dollar, with Papua New Guinea ahead.
- How many years of comparable data are there for Papua New Guinea and Solomon Islands?
- 17 years are reported by both, from 2003 to 2019.
- How do Papua New Guinea and Solomon Islands rank globally for resolving insolvency: recovery rate?
- Papua New Guinea ranks 127th and Solomon Islands ranks 128th 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.