Papua New Guinea vs Trinidad and Tobago: Resolving insolvency: Recovery rate
Resolving insolvency: Recovery rate over time
- Papua New Guinea
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 26.1 cents on the dollar against 24.9 cents on the dollar in Papua New Guinea, a difference of 1.2 cents on the dollar.
The two have swapped places 2 times across 15 shared years of data; in 2005 it was Trinidad and Tobago ahead.
Papua New Guinea ranks 127th and Trinidad and Tobago ranks 126th of 191 countries.
Trinidad and Tobago has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.8 cents on the dollar | 25.18 cents on the dollar | 1.38 cents on the dollar | Trinidad and Tobago |
| 2010s | 24.29 cents on the dollar | 26.48 cents on the dollar | 2.19 cents on the dollar | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: recovery rate, Papua New Guinea or Trinidad and Tobago?
- Trinidad and Tobago, at 26.1 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 Papua New Guinea and Trinidad and Tobago?
- 1.2 cents on the dollar, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Papua New Guinea and Trinidad and Tobago?
- 15 years are reported by both, from 2005 to 2019.
- How do Papua New Guinea and Trinidad and Tobago rank globally for resolving insolvency: recovery rate?
- Papua New Guinea ranks 127th and Trinidad and Tobago ranks 126th 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.