Statizoid

Resolving insolvency: Recovery rate in Belgium

Belgium: Resolving insolvency: Recovery rate was 89.4 cents on the dollar in 2019. ▬ Flat

Latest (2019)
89.4 cents on the dollar
Change on year
up 0.3%
World rank
5th
of 188 countries
All-time high
89.9 cents on the dollar
in 2016
All-time low
84.6 cents on the dollar
in 2017
Years of data
17
2003–2019

Resolving insolvency: Recovery rate in Belgium, 2003–2019

0204060802003201120192003: 86 cents on the dollar2004: 86.5 cents on the dollar2005: 86.6 cents on the dollar2006: 86.4 cents on the dollar2007: 85.5 cents on the dollar2008: 86.3 cents on the dollar2009: 86.3 cents on the dollar2010: 87.6 cents on the dollar2011: 87.3 cents on the dollar2012: 88.7 cents on the dollar2013: 89 cents on the dollar2014: 89.1 cents on the dollar2015: 89.3 cents on the dollar2016: 89.9 cents on the dollar2017: 84.6 cents on the dollar2018: 89.1 cents on the dollar2019: 89.4 cents on the dollar

Source: World Bank. Measured in cents on the dollar.

Analysis

Belgium recorded 89.4 cents on the dollar for resolving insolvency: recovery rate in 2019.

That represents a change of up 0.3% on the previous year and up 3.6% over ten years.

Over the whole period, resolving insolvency: recovery rate in Belgium peaked at 89.9 cents on the dollar in 2016 and was at its lowest, 84.6 cents on the dollar, in 2017.

Belgium ranks 5th of 188 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 86.23 cents on the dollar 85.5 cents on the dollar 86.6 cents on the dollar 7
2010s 88.4 cents on the dollar 84.6 cents on the dollar 89.9 cents on the dollar 10

Countries ranked near Belgium

  1. 2 Norway 91.9 cents on the dollar compare
  2. 3 Netherlands 90.1 cents on the dollar compare
  3. 4 Slovenia 90 cents on the dollar compare
  4. 6 Singapore 88.7 cents on the dollar compare
  5. 7 Denmark 88.5 cents on the dollar compare
  6. 8 Finland 88 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Belgium

All data for Belgium →

Frequently asked questions

What is resolving insolvency: recovery rate in Belgium?
Resolving insolvency: recovery rate in Belgium was 89.4 cents on the dollar in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate recorded in Belgium?
The highest recorded value was 89.9 cents on the dollar in 2016.
What is the lowest resolving insolvency: recovery rate recorded in Belgium?
The lowest recorded value was 84.6 cents on the dollar in 2017.
How does Belgium rank for resolving insolvency: recovery rate?
Belgium ranks 5th out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate rising or falling in Belgium?
Over the last ten years it is up 3.6%. The long-run trend across the full record is flat.
Where does this Belgium 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

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

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.