Statizoid

Resolving insolvency: Recovery rate in Canada

Canada: Resolving insolvency: Recovery rate was 86.7 cents on the dollar in 2019. ▬ Flat

Latest (2019)
86.7 cents on the dollar
Change on year
down 0.9%
World rank
10th
of 188 countries
All-time high
91.2 cents on the dollar
in 2010
All-time low
86.7 cents on the dollar
in 2019
Years of data
17
2003–2019

Resolving insolvency: Recovery rate in Canada, 2003–2019

0204060801002003201120192003: 89.7 cents on the dollar2004: 89.6 cents on the dollar2005: 90.1 cents on the dollar2006: 89.3 cents on the dollar2007: 88.8 cents on the dollar2008: 88.7 cents on the dollar2009: 88.7 cents on the dollar2010: 91.2 cents on the dollar2011: 90.7 cents on the dollar2012: 90.7 cents on the dollar2013: 87.3 cents on the dollar2014: 87.3 cents on the dollar2015: 87.3 cents on the dollar2016: 87.4 cents on the dollar2017: 87.5 cents on the dollar2018: 87.5 cents on the dollar2019: 86.7 cents on the dollar

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

Analysis

Canada recorded 86.7 cents on the dollar for resolving insolvency: recovery rate in 2019. That is the lowest value across all 17 years on record.

The figure is down 0.9% on the previous year and down 2.3% over ten years.

Over the whole period, resolving insolvency: recovery rate in Canada peaked at 91.2 cents on the dollar in 2010 and was at its lowest, 86.7 cents on the dollar, in 2019.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 89.27 cents on the dollar 88.7 cents on the dollar 90.1 cents on the dollar 7
2010s 88.36 cents on the dollar 86.7 cents on the dollar 91.2 cents on the dollar 10

Countries ranked near Canada

  1. 7 Denmark 88.5 cents on the dollar compare
  2. 8 Finland 88 cents on the dollar compare
  3. 9 Hong Kong 87.2 cents on the dollar compare
  4. 11 Ireland 86.1 cents on the dollar compare
  5. 12 Iceland 85.5 cents on the dollar compare
  6. 13 United Kingdom 85.4 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is resolving insolvency: recovery rate in Canada?
Resolving insolvency: recovery rate in Canada was 86.7 cents on the dollar in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate recorded in Canada?
The highest recorded value was 91.2 cents on the dollar in 2010.
What is the lowest resolving insolvency: recovery rate recorded in Canada?
The lowest recorded value was 86.7 cents on the dollar in 2019.
How does Canada rank for resolving insolvency: recovery rate?
Canada ranks 10th out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate rising or falling in Canada?
Over the last ten years it is down 2.3%. The long-run trend across the full record is flat.
Where does this Canada 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.