Resolving insolvency: Recovery rate in Ghana
Ghana: Resolving insolvency: Recovery rate was 24 cents on the dollar in 2019. ▬ Flat
Resolving insolvency: Recovery rate in Ghana, 2003–2019
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 129th out of 191 countries with data for 2019, putting it in the middle of the range.
Resolving insolvency: Recovery rate in Ghana, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 25.2 cents on the dollar | — |
| 2004 | 24.8 cents on the dollar | -1.6% |
| 2005 | 23.7 cents on the dollar | -4.4% |
| 2006 | 24.7 cents on the dollar | +4.2% |
| 2007 | 24 cents on the dollar | -2.8% |
| 2008 | 24 cents on the dollar | +0.0% |
| 2009 | 24 cents on the dollar | +0.0% |
| 2010 | 23.7 cents on the dollar | -1.3% |
| 2011 | 26 cents on the dollar | +9.7% |
| 2012 | 26.9 cents on the dollar | +3.5% |
| 2013 | 26.2 cents on the dollar | -2.6% |
| 2014 | 24.3 cents on the dollar | -7.3% |
| 2015 | 23.2 cents on the dollar | -4.5% |
| 2016 | 23.7 cents on the dollar | +2.2% |
| 2017 | 22.8 cents on the dollar | -3.8% |
| 2018 | 23.1 cents on the dollar | +1.3% |
| 2019 | 24 cents on the dollar | +3.9% |
Ghana compared with similar countries
- Ghana's 24 cents on the dollar is below the median for lower middle income countries, which is 24.9 cents on the dollar, 96% of the median. (47 countries reporting)
- Ghana's 24 cents on the dollar is above the median for Sub-Saharan Africa, which is 19.9 cents on the dollar, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 126 Trinidad and Tobago 26.1 cents on the dollar compare
- 127 Papua New Guinea 24.9 cents on the dollar compare
- 128 Solomon Islands 24.4 cents on the dollar compare
- 130 Benin 23.9 cents on the dollar compare
- 131 Burkina Faso 23.6 cents on the dollar compare
- 132 Egypt 23.3 cents on the dollar compare
More reference data data for Ghana
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2805 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.89 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.69 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1989 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.69 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.9405 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.9478 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 8.22 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 12.64 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.08 (2050)
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 129th out of 191 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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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.