Resolving insolvency: Recovery rate in Maldives
Maldives: Resolving insolvency: Recovery rate was 50.2 cents on the dollar in 2019. ▲ Rising
Resolving insolvency: Recovery rate in Maldives, 2003–2019
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 191 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Resolving insolvency: Recovery rate in Maldives, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 48.1 cents on the dollar | — |
| 2004 | 48.1 cents on the dollar | +0.0% |
| 2005 | 48.6 cents on the dollar | +1.0% |
| 2006 | 48.7 cents on the dollar | +0.2% |
| 2007 | 48.7 cents on the dollar | +0.0% |
| 2008 | 48.7 cents on the dollar | +0.0% |
| 2009 | 48.7 cents on the dollar | +0.0% |
| 2010 | 48.7 cents on the dollar | +0.0% |
| 2011 | 50.4 cents on the dollar | +3.5% |
| 2012 | 50.6 cents on the dollar | +0.4% |
| 2013 | 50.4 cents on the dollar | -0.4% |
| 2014 | 49.9 cents on the dollar | -1.0% |
| 2015 | 49.7 cents on the dollar | -0.4% |
| 2016 | 50 cents on the dollar | +0.6% |
| 2017 | 50.2 cents on the dollar | +0.4% |
| 2018 | 50.6 cents on the dollar | +0.8% |
| 2019 | 50.2 cents on the dollar | -0.8% |
Maldives compared with similar countries
- Maldives's 50.2 cents on the dollar is above the median for upper middle income countries, which is 33.45 cents on the dollar, 1.5× the median. (56 countries reporting)
- Maldives's 50.2 cents on the dollar is above the median for South Asia, which is 42.1 cents on the dollar, 1.2× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 44 Zambia 51 cents on the dollar compare
- 45 Algeria 50.8 cents on the dollar compare
- 46 Montenegro 50.3 cents on the dollar compare
- 47 San Marino 50.2 cents on the dollar compare
- 49 North Macedonia 48 cents on the dollar compare
- 50 Brunei 47.2 cents on the dollar compare
More reference data data for Maldives
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0011 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0011 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0044 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.0044 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 1.16 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 0.012 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Burning - Crop 0.0004 (2050)
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 191 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
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.