Resolving insolvency: Recovery rate in Madagascar
Madagascar: Resolving insolvency: Recovery rate was 12.4 cents on the dollar in 2019. ▼ Falling
Resolving insolvency: Recovery rate in Madagascar, 2003–2019
Source: World Bank. Measured in cents on the dollar.
Analysis
The most recent figure for resolving insolvency: recovery rate in Madagascar is 12.4 cents on the dollar, measured in 2019.
The figure is up 8.8% on the previous year and down 19.0% over ten years.
Over the whole period, resolving insolvency: recovery rate in Madagascar peaked at 24.2 cents on the dollar in 2004 and was at its lowest, 11.4 cents on the dollar, in 2013.
That places Madagascar 158th out of 191 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Resolving insolvency: Recovery rate in Madagascar, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 23.7 cents on the dollar | — |
| 2004 | 24.2 cents on the dollar | +2.1% |
| 2005 | 23.5 cents on the dollar | -2.9% |
| 2006 | 22.7 cents on the dollar | -3.4% |
| 2007 | 21.4 cents on the dollar | -5.7% |
| 2008 | 15.3 cents on the dollar | -28.5% |
| 2009 | 15.3 cents on the dollar | +0.0% |
| 2010 | 15.3 cents on the dollar | +0.0% |
| 2011 | 14.1 cents on the dollar | -7.8% |
| 2012 | 13.1 cents on the dollar | -7.1% |
| 2013 | 11.4 cents on the dollar | -13.0% |
| 2014 | 11.4 cents on the dollar | +0.0% |
| 2015 | 11.4 cents on the dollar | +0.0% |
| 2016 | 11.4 cents on the dollar | +0.0% |
| 2017 | 11.4 cents on the dollar | +0.0% |
| 2018 | 11.4 cents on the dollar | +0.0% |
| 2019 | 12.4 cents on the dollar | +8.8% |
Madagascar compared with similar countries
- Madagascar's 12.4 cents on the dollar is below the median for low income countries, which is 18.35 cents on the dollar, 68% of the median. (24 countries reporting)
- Madagascar's 12.4 cents on the dollar is below the median for Sub-Saharan Africa, which is 19.9 cents on the dollar, 62% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Resolving insolvency: Recovery rate in Madagascar changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -28.5% | 21.4 cents on the dollar | 15.3 cents on the dollar |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.87 cents on the dollar | 15.3 cents on the dollar | 24.2 cents on the dollar | 7 |
| 2010s | 12.33 cents on the dollar | 11.4 cents on the dollar | 15.3 cents on the dollar | 10 |
Countries ranked near Madagascar
More reference data data for Madagascar
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4459 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.82 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 5.9 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4503 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 5.9 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.5 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.43 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 26.56 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 32.81 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.45 (2050)
Frequently asked questions
- What is resolving insolvency: recovery rate in Madagascar?
- Resolving insolvency: recovery rate in Madagascar was 12.4 cents on the dollar in 2019, according to the World Bank.
- What is the highest resolving insolvency: recovery rate recorded in Madagascar?
- The highest recorded value was 24.2 cents on the dollar in 2004.
- What is the lowest resolving insolvency: recovery rate recorded in Madagascar?
- The lowest recorded value was 11.4 cents on the dollar in 2013.
- How does Madagascar rank for resolving insolvency: recovery rate?
- Madagascar ranks 158th out of 191 countries with data for 2019.
- Is resolving insolvency: recovery rate rising or falling in Madagascar?
- Over the last ten years it is down 19.0%. The long-run trend across the full record is falling.
- Where does this Madagascar 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
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.