Resolving insolvency: Recovery rate in Australia
Australia: Resolving insolvency: Recovery rate was 82.7 cents on the dollar in 2019. ▬ Flat
Resolving insolvency: Recovery rate in Australia, 2003–2019
Source: World Bank. Measured in cents on the dollar.
Analysis
Australia recorded 82.7 cents on the dollar for resolving insolvency: recovery rate in 2019. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 4.9% over ten years.
Over the whole period, resolving insolvency: recovery rate in Australia peaked at 82.7 cents on the dollar in 2018 and was at its lowest, 78.8 cents on the dollar, in 2008.
Australia ranks 15th of 191 countries on this measure, in the top 10%.
Resolving insolvency: Recovery rate in Australia, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 80.3 cents on the dollar | — |
| 2004 | 80.3 cents on the dollar | +0.0% |
| 2005 | 79.9 cents on the dollar | -0.5% |
| 2006 | 79.7 cents on the dollar | -0.3% |
| 2007 | 79.2 cents on the dollar | -0.6% |
| 2008 | 78.8 cents on the dollar | -0.5% |
| 2009 | 78.8 cents on the dollar | +0.0% |
| 2010 | 81.8 cents on the dollar | +3.8% |
| 2011 | 80.8 cents on the dollar | -1.2% |
| 2012 | 80.8 cents on the dollar | +0.0% |
| 2013 | 81.3 cents on the dollar | +0.6% |
| 2014 | 81.9 cents on the dollar | +0.7% |
| 2015 | 82.1 cents on the dollar | +0.2% |
| 2016 | 82.4 cents on the dollar | +0.4% |
| 2017 | 82.5 cents on the dollar | +0.1% |
| 2018 | 82.7 cents on the dollar | +0.2% |
| 2019 | 82.7 cents on the dollar | +0.0% |
Australia compared with similar countries
- Australia's 82.7 cents on the dollar is above the median for high income countries, which is 55.55 cents on the dollar, 1.5× the median. (62 countries reporting)
- Australia's 82.7 cents on the dollar is above the median for East Asia & Pacific, which is 29.3 cents on the dollar, 2.8× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 79.57 cents on the dollar | 78.8 cents on the dollar | 80.3 cents on the dollar | 7 |
| 2010s | 81.9 cents on the dollar | 80.8 cents on the dollar | 82.7 cents on the dollar | 10 |
Countries ranked near Australia
- 12 Iceland 85.5 cents on the dollar compare
- 13 United Kingdom 85.4 cents on the dollar compare
- 14 South Korea 84.3 cents on the dollar compare
- 16 Taiwan 82.2 cents on the dollar compare
- 17 United States 81 cents on the dollar compare
- 17 Malaysia 81 cents on the dollar compare
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is resolving insolvency: recovery rate in Australia?
- Resolving insolvency: recovery rate in Australia was 82.7 cents on the dollar in 2019, according to the World Bank.
- What is the highest resolving insolvency: recovery rate recorded in Australia?
- The highest recorded value was 82.7 cents on the dollar in 2018.
- What is the lowest resolving insolvency: recovery rate recorded in Australia?
- The lowest recorded value was 78.8 cents on the dollar in 2008.
- How does Australia rank for resolving insolvency: recovery rate?
- Australia ranks 15th out of 191 countries with data for 2019.
- Is resolving insolvency: recovery rate rising or falling in Australia?
- Over the last ten years it is up 4.9%. The long-run trend across the full record is flat.
- Where does this Australia data come from?
- The figures come from the World Bank, published as part of Resolving insolvency: Recovery rate (cents on the dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.