Resolving insolvency: Recovery rate in Ghana

Ghana: Resolving insolvency: Recovery rate was 24 cents on the dollar in 2019. ▬ Flat

Latest (2019)
24 cents on the dollar
Change on year
up 3.9%
World rank
126th
of 188 countries
All-time high
26.9 cents on the dollar
in 2012
All-time low
22.8 cents on the dollar
in 2017
Years of data
17
2003–2019

Resolving insolvency: Recovery rate in Ghana, 2003–2019

01020302003201120192003: 25.2 cents on the dollar2004: 24.8 cents on the dollar2005: 23.7 cents on the dollar2006: 24.7 cents on the dollar2007: 24 cents on the dollar2008: 24 cents on the dollar2009: 24 cents on the dollar2010: 23.7 cents on the dollar2011: 26 cents on the dollar2012: 26.9 cents on the dollar2013: 26.2 cents on the dollar2014: 24.3 cents on the dollar2015: 23.2 cents on the dollar2016: 23.7 cents on the dollar2017: 22.8 cents on the dollar2018: 23.1 cents on the dollar2019: 24 cents on the dollar

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

Analysis

Ghana recorded 24 cents on the dollar for resolving insolvency: recovery rate in 2019.

That represents a change of up 3.9% on the previous year and unchanged over ten years.

Over the whole period, resolving insolvency: recovery rate in Ghana peaked at 26.9 cents on the dollar in 2012 and was at its lowest, 22.8 cents on the dollar, in 2017.

That places Ghana 126th out of 188 countries with data for 2019, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.34 cents on the dollar 23.7 cents on the dollar 25.2 cents on the dollar 7
2010s 24.39 cents on the dollar 22.8 cents on the dollar 26.9 cents on the dollar 10

Countries ranked near Ghana

  1. 123 Trinidad and Tobago 26.1 cents on the dollar compare
  2. 124 Papua New Guinea 24.9 cents on the dollar compare
  3. 125 Solomon Islands 24.4 cents on the dollar compare
  4. 127 Benin 23.9 cents on the dollar compare
  5. 128 Burkina Faso 23.6 cents on the dollar compare
  6. 129 Egypt 23.3 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Ghana

All data for Ghana →

Frequently asked questions

What is resolving insolvency: recovery rate in Ghana?
Resolving insolvency: recovery rate in Ghana was 24 cents on the dollar in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate recorded in Ghana?
The highest recorded value was 26.9 cents on the dollar in 2012.
What is the lowest resolving insolvency: recovery rate recorded in Ghana?
The lowest recorded value was 22.8 cents on the dollar in 2017.
How does Ghana rank for resolving insolvency: recovery rate?
Ghana ranks 126th out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate rising or falling in Ghana?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Ghana 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.

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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.