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Resolving insolvency: Recovery rate in Maldives

Maldives: Resolving insolvency: Recovery rate was 50.2 cents on the dollar in 2019. ▲ Rising

Latest (2019)
50.2 cents on the dollar
Change on year
down 0.8%
World rank
47th
of 188 countries
All-time high
50.6 cents on the dollar
in 2012
All-time low
48.1 cents on the dollar
in 2003
Years of data
17
2003–2019

Resolving insolvency: Recovery rate in Maldives, 2003–2019

02040602003201120192003: 48.1 cents on the dollar2004: 48.1 cents on the dollar2005: 48.6 cents on the dollar2006: 48.7 cents on the dollar2007: 48.7 cents on the dollar2008: 48.7 cents on the dollar2009: 48.7 cents on the dollar2010: 48.7 cents on the dollar2011: 50.4 cents on the dollar2012: 50.6 cents on the dollar2013: 50.4 cents on the dollar2014: 49.9 cents on the dollar2015: 49.7 cents on the dollar2016: 50 cents on the dollar2017: 50.2 cents on the dollar2018: 50.6 cents on the dollar2019: 50.2 cents on the dollar

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

Analysis

In 2019, resolving insolvency: recovery rate in Maldives stood at 50.2 cents on the dollar.

Compared with earlier readings it is down 0.8% on the previous year and up 3.1% over ten years.

Over the whole period, resolving insolvency: recovery rate in Maldives peaked at 50.6 cents on the dollar in 2012 and was at its lowest, 48.1 cents on the dollar, in 2003.

Maldives ranks 47th of 188 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 48.51 cents on the dollar 48.1 cents on the dollar 48.7 cents on the dollar 7
2010s 50.07 cents on the dollar 48.7 cents on the dollar 50.6 cents on the dollar 10

Countries ranked near Maldives

  1. 44 Zambia 51 cents on the dollar compare
  2. 45 Algeria 50.8 cents on the dollar compare
  3. 46 Montenegro 50.3 cents on the dollar compare
  4. 47 San Marino 50.2 cents on the dollar compare
  5. 49 North Macedonia 48 cents on the dollar compare
  6. 50 Brunei 47.2 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Maldives

All data for Maldives →

Frequently asked questions

What is resolving insolvency: recovery rate in Maldives?
Resolving insolvency: recovery rate in Maldives was 50.2 cents on the dollar in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate recorded in Maldives?
The highest recorded value was 50.6 cents on the dollar in 2012.
What is the lowest resolving insolvency: recovery rate recorded in Maldives?
The lowest recorded value was 48.1 cents on the dollar in 2003.
How does Maldives rank for resolving insolvency: recovery rate?
Maldives ranks 47th out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate rising or falling in Maldives?
Over the last ten years it is up 3.1%. The long-run trend across the full record is rising.
Where does this Maldives 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.