Resolving insolvency: Recovery rate (cents on the dollar) - Score in Latvia

Latvia: Resolving insolvency: Recovery rate (cents on the dollar) - Score was 44.57 in 2019. β–² Rising

Latest (2019)
44.57
Change on year
up 0.9%
World rank
65th
of 190 countries
All-time high
52.9
in 2016
All-time low
31.23
in 2008
Years of data
17
2003–2019

Resolving insolvency: Recovery rate (cents on the dollar) - Score in Latvia, 2003–2019

02040602003201120192003: 38.52004: 38.62005: 36.42006: 37.52007: 37.22008: 31.22009: 31.22010: 34.32011: 49.92012: 51.52013: 52.12014: 51.82015: 51.82016: 52.92017: 43.22018: 44.22019: 44.6

Source: World Bank.

Analysis

The most recent figure for resolving insolvency: recovery rate (cents on the dollar) - score in Latvia is 44.57, measured in 2019.

The figure is up 0.9% on the previous year and up 42.7% over ten years.

Over the whole period, resolving insolvency: recovery rate (cents on the dollar) - score in Latvia peaked at 52.9 in 2016 and was at its lowest, 31.23, in 2008.

That places Latvia 65th out of 190 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 35.82 31.23 38.63 7
2010s 47.64 34.3 52.9 10

Countries ranked near Latvia

  1. 62 Sri Lanka 46.32 compare
  2. 63 Pakistan 46.1 compare
  3. 64 Chile 45.13 compare
  4. 66 Bahrain 44.48 compare
  5. 67 Nepal 44.4 compare
  6. 68 Oman 44.22 compare

See the full ranking of 190 places β†’

More reference data data for Latvia

All data for Latvia β†’

Frequently asked questions

What is resolving insolvency: recovery rate (cents on the dollar) - score in Latvia?
Resolving insolvency: recovery rate (cents on the dollar) - score in Latvia was 44.57 in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate (cents on the dollar) - score recorded in Latvia?
The highest recorded value was 52.9 in 2016.
What is the lowest resolving insolvency: recovery rate (cents on the dollar) - score recorded in Latvia?
The lowest recorded value was 31.23 in 2008.
How does Latvia rank for resolving insolvency: recovery rate (cents on the dollar) - score?
Latvia ranks 65th out of 190 countries with data for 2019.
Is resolving insolvency: recovery rate (cents on the dollar) - score rising or falling in Latvia?
Over the last ten years it is up 42.7%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from the World Bank, published as part of Resolving insolvency: Recovery rate (cents on the dollar) - Score. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Resolving insolvency: Recovery rate (cents on the dollar) - Score in Latvia. Statizoid. Retrieved 17 August 2026, from https://reference.statizoid.com/stat/resolving-insolvency-recovery-rate-cents-on-the-dollar-score/latvia/

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/stat/resolving-insolvency-recovery-rate-cents-on-the-dollar-score/latvia/">Resolving insolvency: Recovery rate (cents on the dollar) - Score in Latvia</a> β€” Statizoid

About this data

Indicator
Resolving insolvency: Recovery rate (cents on the dollar) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The score for recovery rate benchmarks economies with respect to the regulatory best practice on the indicator. The score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.