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

Madagascar: Resolving insolvency: Recovery rate (cents on the dollar) - Score was 13.34 in 2019. ▼ Falling

Latest (2019)
13.34
Change on year
up 9.2%
World rank
158th
of 191 countries
All-time high
26.09
in 2004
All-time low
12.22
in 2013
Years of data
17
2003–2019

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

01020302003201120192003: 25.52004: 26.12005: 25.32006: 24.42007: 232008: 16.42009: 16.42010: 16.42011: 15.12012: 14.12013: 12.22014: 12.22015: 12.22016: 12.22017: 12.22018: 12.22019: 13.3

Source: World Bank.

Analysis

The most recent figure for resolving insolvency: recovery rate (cents on the dollar) - score in Madagascar is 13.34, measured in 2019.

Compared with earlier readings it is up 9.2% on the previous year and down 18.7% over ten years.

Over the whole period, resolving insolvency: recovery rate (cents on the dollar) - score in Madagascar peaked at 26.09 in 2004 and was at its lowest, 12.22, in 2013.

That places Madagascar 158th out of 191 countries with data for 2019, putting it in the bottom quarter.

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

Resolving insolvency: Recovery rate (cents on the dollar) - Score in Madagascar, year by year

Annual values for Resolving insolvency: Recovery rate (cents on the dollar) - Score in Madagascar, 2003 to 2019.
Year Value Change
2003 25.47 —
2004 26.09 +2.4%
2005 25.32 -3.0%
2006 24.44 -3.5%
2007 23.05 -5.7%
2008 16.42 -28.8%
2009 16.42 +0.0%
2010 16.42 +0.0%
2011 15.13 -7.8%
2012 14.11 -6.7%
2013 12.22 -13.4%
2014 12.22 +0.0%
2015 12.22 +0.0%
2016 12.22 +0.0%
2017 12.22 +0.0%
2018 12.22 +0.0%
2019 13.34 +9.2%

Madagascar compared with similar countries

  • Madagascar's 13.34 is below the median for low income countries, which is 19.75, 68% of the median. (24 countries reporting)
  • Madagascar's 13.34 is below the median for Sub-Saharan Africa, which is 21.44, 62% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Resolving insolvency: Recovery rate (cents on the dollar) - Score in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2008 -28.8% 23.05 16.42

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.46 16.42 26.09 7
2010s 13.23 12.22 16.42 10

Countries ranked near Madagascar

  1. 155 Myanmar 15.77 compare
  2. 156 Cambodia 15.76 compare
  3. 157 Gabon 15.63 compare
  4. 159 Sierra Leone 11.97 compare
  5. 160 Turkey 11.3 compare
  6. 161 Dominican Republic 10.32 compare

See the full ranking of 191 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is resolving insolvency: recovery rate (cents on the dollar) - score in Madagascar?
Resolving insolvency: recovery rate (cents on the dollar) - score in Madagascar was 13.34 in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate (cents on the dollar) - score recorded in Madagascar?
The highest recorded value was 26.09 in 2004.
What is the lowest resolving insolvency: recovery rate (cents on the dollar) - score recorded in Madagascar?
The lowest recorded value was 12.22 in 2013.
How does Madagascar rank for resolving insolvency: recovery rate (cents on the dollar) - score?
Madagascar ranks 158th out of 191 countries with data for 2019.
Is resolving insolvency: recovery rate (cents on the dollar) - score rising or falling in Madagascar?
Over the last ten years it is down 18.7%. The long-run trend across the full record is falling.
Where does this Madagascar 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.

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Resolving insolvency: Recovery rate (cents on the dollar) - Score in Madagascar. Statizoid. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/resolving-insolvency-recovery-rate-cents-on-the-dollar-score/madagascar/

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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
191 places, 3,094 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.