Resolving insolvency: Recovery rate in Canada
Canada: Resolving insolvency: Recovery rate was 86.7 cents on the dollar in 2019. ▬ Flat
Resolving insolvency: Recovery rate in Canada, 2003–2019
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 191 countries on this measure, in the top 10%.
Resolving insolvency: Recovery rate in Canada, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 89.7 cents on the dollar | — |
| 2004 | 89.6 cents on the dollar | -0.1% |
| 2005 | 90.1 cents on the dollar | +0.6% |
| 2006 | 89.3 cents on the dollar | -0.9% |
| 2007 | 88.8 cents on the dollar | -0.6% |
| 2008 | 88.7 cents on the dollar | -0.1% |
| 2009 | 88.7 cents on the dollar | +0.0% |
| 2010 | 91.2 cents on the dollar | +2.8% |
| 2011 | 90.7 cents on the dollar | -0.5% |
| 2012 | 90.7 cents on the dollar | +0.0% |
| 2013 | 87.3 cents on the dollar | -3.7% |
| 2014 | 87.3 cents on the dollar | +0.0% |
| 2015 | 87.3 cents on the dollar | +0.0% |
| 2016 | 87.4 cents on the dollar | +0.1% |
| 2017 | 87.5 cents on the dollar | +0.1% |
| 2018 | 87.5 cents on the dollar | +0.0% |
| 2019 | 86.7 cents on the dollar | -0.9% |
Canada compared with similar countries
- Canada's 86.7 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)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Canada
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.92 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 20.47 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 20.47 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 6.86 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.45 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 22.03 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 99.83 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 15.88 (2050)
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 191 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
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.