Resolving insolvency: Recovery rate in Finland
Finland: Resolving insolvency: Recovery rate was 88 cents on the dollar in 2019. ▬ Flat
Resolving insolvency: Recovery rate in Finland, 2003–2019
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 191 countries on this measure, in the top 10%.
Resolving insolvency: Recovery rate in Finland, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 88.3 cents on the dollar | — |
| 2004 | 88 cents on the dollar | -0.3% |
| 2005 | 89 cents on the dollar | +1.1% |
| 2006 | 89.1 cents on the dollar | +0.1% |
| 2007 | 88.2 cents on the dollar | -1.0% |
| 2008 | 87.3 cents on the dollar | -1.0% |
| 2009 | 87.3 cents on the dollar | +0.0% |
| 2010 | 89.4 cents on the dollar | +2.4% |
| 2011 | 89.1 cents on the dollar | -0.3% |
| 2012 | 89.7 cents on the dollar | +0.7% |
| 2013 | 90.2 cents on the dollar | +0.6% |
| 2014 | 90.2 cents on the dollar | +0.0% |
| 2015 | 90.1 cents on the dollar | -0.1% |
| 2016 | 90.3 cents on the dollar | +0.2% |
| 2017 | 88.3 cents on the dollar | -2.2% |
| 2018 | 88.3 cents on the dollar | +0.0% |
| 2019 | 88 cents on the dollar | -0.3% |
Finland compared with similar countries
- Finland's 88 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)
- Finland's 88 cents on the dollar is above the median for Europe & Central Asia, which is 44.6 cents on the dollar, 2.0× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Finland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2998 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1241 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.5 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1748 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.5 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.01 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.6733 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.6503 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.94 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9518 (2050)
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 191 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
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.