Statizoid

Resolving insolvency: Recovery rate in Micronesia (country)

Micronesia (country): Resolving insolvency: Recovery rate was 3.4 cents on the dollar in 2019. ▬ Flat

Latest (2019)
3.4 cents on the dollar
Change on year
up 6.2%
World rank
163rd
of 188 countries
All-time high
3.4 cents on the dollar
in 2008
All-time low
3.1 cents on the dollar
in 2006
Years of data
17
2003–2019

Resolving insolvency: Recovery rate in Micronesia (country), 2003–2019

01232003201120192003: 3.3 cents on the dollar2004: 3.3 cents on the dollar2005: 3.3 cents on the dollar2006: 3.1 cents on the dollar2007: 3.1 cents on the dollar2008: 3.4 cents on the dollar2009: 3.4 cents on the dollar2010: 3.2 cents on the dollar2011: 3.4 cents on the dollar2012: 3.4 cents on the dollar2013: 3.4 cents on the dollar2014: 3.3 cents on the dollar2015: 3.2 cents on the dollar2016: 3.2 cents on the dollar2017: 3.2 cents on the dollar2018: 3.2 cents on the dollar2019: 3.4 cents on the dollar

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

Analysis

In 2019, resolving insolvency: recovery rate in Micronesia (country) stood at 3.4 cents on the dollar. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 6.2% on the previous year and unchanged over ten years.

Over the whole period, resolving insolvency: recovery rate in Micronesia (country) peaked at 3.4 cents on the dollar in 2008 and was at its lowest, 3.1 cents on the dollar, in 2006.

That places Micronesia (country) 163rd out of 188 countries with data for 2019, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.27 cents on the dollar 3.1 cents on the dollar 3.4 cents on the dollar 7
2010s 3.29 cents on the dollar 3.2 cents on the dollar 3.4 cents on the dollar 10

Countries ranked near Micronesia (country)

  1. 160 Suriname 7.7 cents on the dollar compare
  2. 161 Burundi 7.5 cents on the dollar compare
  3. 162 Venezuela 5.3 cents on the dollar compare
  4. 164 Angola 0 cents on the dollar compare
  5. 164 Bhutan 0 cents on the dollar compare
  6. 164 Cape Verde 0 cents on the dollar compare
  7. 164 Central African Republic 0 cents on the dollar compare
  8. 164 Chad 0 cents on the dollar compare
  9. 164 Comoros 0 cents on the dollar compare
  10. 164 Democratic Republic of Congo 0 cents on the dollar compare
  11. 164 Equatorial Guinea 0 cents on the dollar compare
  12. 164 Eritrea 0 cents on the dollar compare
  13. 164 Grenada 0 cents on the dollar compare
  14. 164 Guinea-Bissau 0 cents on the dollar compare
  15. 164 Haiti 0 cents on the dollar compare
  16. 164 Iraq 0 cents on the dollar compare
  17. 164 Kiribati 0 cents on the dollar compare
  18. 164 Laos 0 cents on the dollar compare
  19. 164 Libya 0 cents on the dollar compare
  20. 164 Mauritania 0 cents on the dollar compare
  21. 164 Sao Tome and Principe 0 cents on the dollar compare
  22. 164 Saudi Arabia 0 cents on the dollar compare
  23. 164 Somalia 0 cents on the dollar compare
  24. 164 South Sudan 0 cents on the dollar compare
  25. 164 Saint Kitts and Nevis 0 cents on the dollar compare
  26. 164 Saint Vincent and the Grenadines 0 cents on the dollar compare
  27. 164 East Timor 0 cents on the dollar compare
  28. 164 Palestine 0 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is resolving insolvency: recovery rate in Micronesia (country)?
Resolving insolvency: recovery rate in Micronesia (country) was 3.4 cents on the dollar in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate recorded in Micronesia (country)?
The highest recorded value was 3.4 cents on the dollar in 2008.
What is the lowest resolving insolvency: recovery rate recorded in Micronesia (country)?
The lowest recorded value was 3.1 cents on the dollar in 2006.
How does Micronesia (country) rank for resolving insolvency: recovery rate?
Micronesia (country) ranks 163rd out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate rising or falling in Micronesia (country)?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Micronesia (country) 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.