Resolving insolvency: Recovery rate in Luxembourg

Luxembourg: Resolving insolvency: Recovery rate was 43.9 cents on the dollar in 2019. ▲ Rising

Latest (2019)
43.9 cents on the dollar
Change on year
up 0.2%
World rank
58th
of 188 countries
All-time high
44 cents on the dollar
in 2014
All-time low
41.6 cents on the dollar
in 2006
Years of data
14
2006–2019

Resolving insolvency: Recovery rate in Luxembourg, 2006–2019

0102030402006201220192006: 41.6 cents on the dollar2007: 41.6 cents on the dollar2008: 41.7 cents on the dollar2009: 41.7 cents on the dollar2010: 43.7 cents on the dollar2011: 43.5 cents on the dollar2012: 43.5 cents on the dollar2013: 43.5 cents on the dollar2014: 44 cents on the dollar2015: 43.8 cents on the dollar2016: 43.7 cents on the dollar2017: 43.8 cents on the dollar2018: 43.8 cents on the dollar2019: 43.9 cents on the dollar

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

Analysis

The most recent figure for resolving insolvency: recovery rate in Luxembourg is 43.9 cents on the dollar, measured in 2019.

Compared with earlier readings it is up 0.2% on the previous year and up 5.3% over ten years.

Over the whole period, resolving insolvency: recovery rate in Luxembourg peaked at 44 cents on the dollar in 2014 and was at its lowest, 41.6 cents on the dollar, in 2006.

Luxembourg ranks 58th of 188 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 41.65 cents on the dollar 41.6 cents on the dollar 41.7 cents on the dollar 4
2010s 43.72 cents on the dollar 43.5 cents on the dollar 44 cents on the dollar 10

Countries ranked near Luxembourg

  1. 55 Albania 44.6 cents on the dollar compare
  2. 56 Uruguay 44.4 cents on the dollar compare
  3. 57 Hungary 44.2 cents on the dollar compare
  4. 59 Saint Lucia 43.5 cents on the dollar compare
  5. 60 Russia 43 cents on the dollar compare
  6. 60 Sri Lanka 43 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is resolving insolvency: recovery rate in Luxembourg?
Resolving insolvency: recovery rate in Luxembourg was 43.9 cents on the dollar in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate recorded in Luxembourg?
The highest recorded value was 44 cents on the dollar in 2014.
What is the lowest resolving insolvency: recovery rate recorded in Luxembourg?
The lowest recorded value was 41.6 cents on the dollar in 2006.
How does Luxembourg rank for resolving insolvency: recovery rate?
Luxembourg ranks 58th out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate rising or falling in Luxembourg?
Over the last ten years it is up 5.3%. The long-run trend across the full record is rising.
Where does this Luxembourg 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 — 14 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.