Resolving insolvency: Recovery rate in Luxembourg
Luxembourg: Resolving insolvency: Recovery rate was 43.9 cents on the dollar in 2019. ▲ Rising
Resolving insolvency: Recovery rate in Luxembourg, 2006–2019
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 59th of 191 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.
Resolving insolvency: Recovery rate in Luxembourg, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2006 | 41.6 cents on the dollar | — |
| 2007 | 41.6 cents on the dollar | +0.0% |
| 2008 | 41.7 cents on the dollar | +0.2% |
| 2009 | 41.7 cents on the dollar | +0.0% |
| 2010 | 43.7 cents on the dollar | +4.8% |
| 2011 | 43.5 cents on the dollar | -0.5% |
| 2012 | 43.5 cents on the dollar | +0.0% |
| 2013 | 43.5 cents on the dollar | +0.0% |
| 2014 | 44 cents on the dollar | +1.1% |
| 2015 | 43.8 cents on the dollar | -0.5% |
| 2016 | 43.7 cents on the dollar | -0.2% |
| 2017 | 43.8 cents on the dollar | +0.2% |
| 2018 | 43.8 cents on the dollar | +0.0% |
| 2019 | 43.9 cents on the dollar | +0.2% |
Luxembourg compared with similar countries
- Luxembourg's 43.9 cents on the dollar is below the median for high income countries, which is 55.55 cents on the dollar, 79% of the median. (62 countries reporting)
- Luxembourg's 43.9 cents on the dollar is below the median for Europe & Central Asia, which is 44.6 cents on the dollar, 98% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Luxembourg
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.041 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0209 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1381 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0065 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1381 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1376 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.099 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1147 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.6709 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0353 (2050)
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 59th out of 191 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
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.