Resolving insolvency: Recovery rate in Belgium
Belgium: Resolving insolvency: Recovery rate was 89.4 cents on the dollar in 2019. ▬ Flat
Resolving insolvency: Recovery rate in Belgium, 2003–2019
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 191 countries on this measure, in the top 10%.
Resolving insolvency: Recovery rate in Belgium, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 86 cents on the dollar | — |
| 2004 | 86.5 cents on the dollar | +0.6% |
| 2005 | 86.6 cents on the dollar | +0.1% |
| 2006 | 86.4 cents on the dollar | -0.2% |
| 2007 | 85.5 cents on the dollar | -1.0% |
| 2008 | 86.3 cents on the dollar | +0.9% |
| 2009 | 86.3 cents on the dollar | +0.0% |
| 2010 | 87.6 cents on the dollar | +1.5% |
| 2011 | 87.3 cents on the dollar | -0.3% |
| 2012 | 88.7 cents on the dollar | +1.6% |
| 2013 | 89 cents on the dollar | +0.3% |
| 2014 | 89.1 cents on the dollar | +0.1% |
| 2015 | 89.3 cents on the dollar | +0.2% |
| 2016 | 89.9 cents on the dollar | +0.7% |
| 2017 | 84.6 cents on the dollar | -5.9% |
| 2018 | 89.1 cents on the dollar | +5.3% |
| 2019 | 89.4 cents on the dollar | +0.3% |
Belgium compared with similar countries
- Belgium's 89.4 cents on the dollar is above the median for high income countries, which is 55.55 cents on the dollar, 1.6× the median. (62 countries reporting)
- Belgium's 89.4 cents on the dollar is above the median for Europe & Central Asia, which is 44.6 cents on the dollar, 2.0× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Belgium
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9298 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.291 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.09 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1382 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.09 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.12 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.93 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.61 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 10.4 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.7526 (2050)
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 191 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
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.