Resolving insolvency: Recovery rate in Madagascar

Madagascar: Resolving insolvency: Recovery rate was 12.4 cents on the dollar in 2019. ▼ Falling

Latest (2019)
12.4 cents on the dollar
Change on year
up 8.8%
World rank
155th
of 188 countries
All-time high
24.2 cents on the dollar
in 2004
All-time low
11.4 cents on the dollar
in 2013
Years of data
17
2003–2019

Resolving insolvency: Recovery rate in Madagascar, 2003–2019

05101520252003201120192003: 23.7 cents on the dollar2004: 24.2 cents on the dollar2005: 23.5 cents on the dollar2006: 22.7 cents on the dollar2007: 21.4 cents on the dollar2008: 15.3 cents on the dollar2009: 15.3 cents on the dollar2010: 15.3 cents on the dollar2011: 14.1 cents on the dollar2012: 13.1 cents on the dollar2013: 11.4 cents on the dollar2014: 11.4 cents on the dollar2015: 11.4 cents on the dollar2016: 11.4 cents on the dollar2017: 11.4 cents on the dollar2018: 11.4 cents on the dollar2019: 12.4 cents on the dollar

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 155th out of 188 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 152 Myanmar 14.7 cents on the dollar compare
  2. 153 Cambodia 14.6 cents on the dollar compare
  3. 154 Gabon 14.5 cents on the dollar compare
  4. 156 Sierra Leone 11.1 cents on the dollar compare
  5. 157 Turkey 10.5 cents on the dollar compare
  6. 158 Dominican Republic 9.6 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Madagascar

All data for Madagascar →

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 155th out of 188 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

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.