Resolving insolvency: Recovery rate in Ethiopia

Ethiopia: Resolving insolvency: Recovery rate was 27.3 cents on the dollar in 2019. ▼ Falling

Latest (2019)
27.3 cents on the dollar
Change on year
down 1.4%
World rank
119th
of 188 countries
All-time high
33.1 cents on the dollar
in 2005
All-time low
25.9 cents on the dollar
in 2012
Years of data
17
2003–2019

Resolving insolvency: Recovery rate in Ethiopia, 2003–2019

01020302003201120192003: 32.1 cents on the dollar2004: 32.1 cents on the dollar2005: 33.1 cents on the dollar2006: 33.1 cents on the dollar2007: 33.1 cents on the dollar2008: 32.2 cents on the dollar2009: 32.2 cents on the dollar2010: 31.3 cents on the dollar2011: 31.4 cents on the dollar2012: 25.9 cents on the dollar2013: 27 cents on the dollar2014: 28.8 cents on the dollar2015: 29.6 cents on the dollar2016: 29.2 cents on the dollar2017: 28.7 cents on the dollar2018: 27.7 cents on the dollar2019: 27.3 cents on the dollar

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

Analysis

In 2019, resolving insolvency: recovery rate in Ethiopia stood at 27.3 cents on the dollar.

The figure is down 1.4% on the previous year and down 15.2% over ten years.

Over the whole period, resolving insolvency: recovery rate in Ethiopia peaked at 33.1 cents on the dollar in 2005 and was at its lowest, 25.9 cents on the dollar, in 2012.

That places Ethiopia 119th out of 188 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 32.56 cents on the dollar 32.1 cents on the dollar 33.1 cents on the dollar 7
2010s 28.69 cents on the dollar 25.9 cents on the dollar 31.4 cents on the dollar 10

Countries ranked near Ethiopia

  1. 116 Nigeria 27.8 cents on the dollar compare
  2. 116 Gambia 27.8 cents on the dollar compare
  3. 118 United Arab Emirates 27.7 cents on the dollar compare
  4. 119 Jordan 27.3 cents on the dollar compare
  5. 121 Panama 27 cents on the dollar compare
  6. 122 Afghanistan 26.7 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Ethiopia

All data for Ethiopia →

Frequently asked questions

What is resolving insolvency: recovery rate in Ethiopia?
Resolving insolvency: recovery rate in Ethiopia was 27.3 cents on the dollar in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate recorded in Ethiopia?
The highest recorded value was 33.1 cents on the dollar in 2005.
What is the lowest resolving insolvency: recovery rate recorded in Ethiopia?
The lowest recorded value was 25.9 cents on the dollar in 2012.
How does Ethiopia rank for resolving insolvency: recovery rate?
Ethiopia ranks 119th out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate rising or falling in Ethiopia?
Over the last ten years it is down 15.2%. The long-run trend across the full record is falling.
Where does this Ethiopia 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.