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Resolving insolvency: Recovery rate in Belize

Belize: Resolving insolvency: Recovery rate was 56.7 cents on the dollar in 2019. ▲ Rising

Latest (2019)
56.7 cents on the dollar
Change on year
up 0.7%
World rank
42nd
of 188 countries
All-time high
56.7 cents on the dollar
in 2019
All-time low
51.6 cents on the dollar
in 2008
Years of data
15
2005–2019

Resolving insolvency: Recovery rate in Belize, 2005–2019

02040602005201220192005: 51.8 cents on the dollar2006: 51.9 cents on the dollar2007: 51.8 cents on the dollar2008: 51.6 cents on the dollar2009: 51.6 cents on the dollar2010: 51.9 cents on the dollar2011: 52.1 cents on the dollar2012: 52.5 cents on the dollar2013: 53.4 cents on the dollar2014: 54.2 cents on the dollar2015: 55 cents on the dollar2016: 55.5 cents on the dollar2017: 55.9 cents on the dollar2018: 56.3 cents on the dollar2019: 56.7 cents on the dollar

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

Analysis

Belize recorded 56.7 cents on the dollar for resolving insolvency: recovery rate in 2019. That is the highest value across all 15 years on record.

That represents a change of up 0.7% on the previous year and up 9.9% over ten years.

Over the whole period, resolving insolvency: recovery rate in Belize peaked at 56.7 cents on the dollar in 2019 and was at its lowest, 51.6 cents on the dollar, in 2008.

Belize ranks 42nd of 188 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 51.74 cents on the dollar 51.6 cents on the dollar 51.9 cents on the dollar 5
2010s 54.35 cents on the dollar 51.9 cents on the dollar 56.7 cents on the dollar 10

Countries ranked near Belize

  1. 39 Mexico 63.9 cents on the dollar compare
  2. 40 Israel 62.6 cents on the dollar compare
  3. 41 Poland 60.9 cents on the dollar compare
  4. 43 Tunisia 51.3 cents on the dollar compare
  5. 44 Zambia 51 cents on the dollar compare
  6. 45 Algeria 50.8 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Belize

All data for Belize →

Frequently asked questions

What is resolving insolvency: recovery rate in Belize?
Resolving insolvency: recovery rate in Belize was 56.7 cents on the dollar in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate recorded in Belize?
The highest recorded value was 56.7 cents on the dollar in 2019.
What is the lowest resolving insolvency: recovery rate recorded in Belize?
The lowest recorded value was 51.6 cents on the dollar in 2008.
How does Belize rank for resolving insolvency: recovery rate?
Belize ranks 42nd out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate rising or falling in Belize?
Over the last ten years it is up 9.9%. The long-run trend across the full record is rising.
Where does this Belize 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 — 15 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.