Resolving insolvency: Recovery rate in Hungary

Hungary: Resolving insolvency: Recovery rate was 44.2 cents on the dollar in 2019. ▲ Rising

Latest (2019)
44.2 cents on the dollar
Change on year
unchanged
World rank
57th
of 188 countries
All-time high
44.2 cents on the dollar
in 2018
All-time low
35.7 cents on the dollar
in 2005
Years of data
17
2003–2019

Resolving insolvency: Recovery rate in Hungary, 2003–2019

0102030402003201120192003: 38.8 cents on the dollar2004: 37.9 cents on the dollar2005: 35.7 cents on the dollar2006: 39.7 cents on the dollar2007: 38.4 cents on the dollar2008: 38.4 cents on the dollar2009: 38.4 cents on the dollar2010: 37.9 cents on the dollar2011: 39.2 cents on the dollar2012: 38.8 cents on the dollar2013: 38.3 cents on the dollar2014: 40.2 cents on the dollar2015: 41.7 cents on the dollar2016: 43 cents on the dollar2017: 43.7 cents on the dollar2018: 44.2 cents on the dollar2019: 44.2 cents on the dollar

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

Analysis

In 2019, resolving insolvency: recovery rate in Hungary stood at 44.2 cents on the dollar. That is the highest value across all 17 years on record.

The figure is up 15.1% over ten years.

Over the whole period, resolving insolvency: recovery rate in Hungary peaked at 44.2 cents on the dollar in 2018 and was at its lowest, 35.7 cents on the dollar, in 2005.

Hungary ranks 57th of 188 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 38.19 cents on the dollar 35.7 cents on the dollar 39.7 cents on the dollar 7
2010s 41.12 cents on the dollar 37.9 cents on the dollar 44.2 cents on the dollar 10

Countries ranked near Hungary

  1. 54 Vanuatu 45.8 cents on the dollar compare
  2. 55 Albania 44.6 cents on the dollar compare
  3. 56 Uruguay 44.4 cents on the dollar compare
  4. 58 Luxembourg 43.9 cents on the dollar compare
  5. 59 Saint Lucia 43.5 cents on the dollar compare
  6. 60 Russia 43 cents on the dollar compare
  7. 60 Sri Lanka 43 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Hungary

All data for Hungary →

Frequently asked questions

What is resolving insolvency: recovery rate in Hungary?
Resolving insolvency: recovery rate in Hungary was 44.2 cents on the dollar in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate recorded in Hungary?
The highest recorded value was 44.2 cents on the dollar in 2018.
What is the lowest resolving insolvency: recovery rate recorded in Hungary?
The lowest recorded value was 35.7 cents on the dollar in 2005.
How does Hungary rank for resolving insolvency: recovery rate?
Hungary ranks 57th out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate rising or falling in Hungary?
Over the last ten years it is up 15.1%. The long-run trend across the full record is rising.
Where does this Hungary 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.