Statizoid

Resolving insolvency: Recovery rate in Finland

Finland: Resolving insolvency: Recovery rate was 88 cents on the dollar in 2019. ▬ Flat

Latest (2019)
88 cents on the dollar
Change on year
down 0.3%
World rank
8th
of 188 countries
All-time high
90.3 cents on the dollar
in 2016
All-time low
87.3 cents on the dollar
in 2008
Years of data
17
2003–2019

Resolving insolvency: Recovery rate in Finland, 2003–2019

0204060801002003201120192003: 88.3 cents on the dollar2004: 88 cents on the dollar2005: 89 cents on the dollar2006: 89.1 cents on the dollar2007: 88.2 cents on the dollar2008: 87.3 cents on the dollar2009: 87.3 cents on the dollar2010: 89.4 cents on the dollar2011: 89.1 cents on the dollar2012: 89.7 cents on the dollar2013: 90.2 cents on the dollar2014: 90.2 cents on the dollar2015: 90.1 cents on the dollar2016: 90.3 cents on the dollar2017: 88.3 cents on the dollar2018: 88.3 cents on the dollar2019: 88 cents on the dollar

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

Analysis

In 2019, resolving insolvency: recovery rate in Finland stood at 88 cents on the dollar.

That represents a change of down 0.3% on the previous year and up 0.8% over ten years.

Over the whole period, resolving insolvency: recovery rate in Finland peaked at 90.3 cents on the dollar in 2016 and was at its lowest, 87.3 cents on the dollar, in 2008.

Finland ranks 8th of 188 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 88.17 cents on the dollar 87.3 cents on the dollar 89.1 cents on the dollar 7
2010s 89.36 cents on the dollar 88 cents on the dollar 90.3 cents on the dollar 10

Countries ranked near Finland

  1. 5 Belgium 89.4 cents on the dollar compare
  2. 6 Singapore 88.7 cents on the dollar compare
  3. 7 Denmark 88.5 cents on the dollar compare
  4. 9 Hong Kong 87.2 cents on the dollar compare
  5. 10 Canada 86.7 cents on the dollar compare
  6. 11 Ireland 86.1 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Finland

All data for Finland →

Frequently asked questions

What is resolving insolvency: recovery rate in Finland?
Resolving insolvency: recovery rate in Finland was 88 cents on the dollar in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate recorded in Finland?
The highest recorded value was 90.3 cents on the dollar in 2016.
What is the lowest resolving insolvency: recovery rate recorded in Finland?
The lowest recorded value was 87.3 cents on the dollar in 2008.
How does Finland rank for resolving insolvency: recovery rate?
Finland ranks 8th out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate rising or falling in Finland?
Over the last ten years it is up 0.8%. The long-run trend across the full record is flat.
Where does this Finland 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.