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
166th
of 191 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
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) 166th out of 191 countries with data for 2019, putting it in the bottom quarter.
Resolving insolvency: Recovery rate in Micronesia (country), year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 3.3 cents on the dollar | — |
| 2004 | 3.3 cents on the dollar | +0.0% |
| 2005 | 3.3 cents on the dollar | +0.0% |
| 2006 | 3.1 cents on the dollar | -6.1% |
| 2007 | 3.1 cents on the dollar | +0.0% |
| 2008 | 3.4 cents on the dollar | +9.7% |
| 2009 | 3.4 cents on the dollar | +0.0% |
| 2010 | 3.2 cents on the dollar | -5.9% |
| 2011 | 3.4 cents on the dollar | +6.2% |
| 2012 | 3.4 cents on the dollar | +0.0% |
| 2013 | 3.4 cents on the dollar | +0.0% |
| 2014 | 3.3 cents on the dollar | -2.9% |
| 2015 | 3.2 cents on the dollar | -3.0% |
| 2016 | 3.2 cents on the dollar | +0.0% |
| 2017 | 3.2 cents on the dollar | +0.0% |
| 2018 | 3.2 cents on the dollar | +0.0% |
| 2019 | 3.4 cents on the dollar | +6.2% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 3.4 cents on the dollar is below the median for upper middle income countries, which is 33.45 cents on the dollar, 10% of the median. (56 countries reporting)
- Micronesia (country)'s 3.4 cents on the dollar is below the median for East Asia & Pacific, which is 29.3 cents on the dollar, 12% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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)
- 163 Suriname 7.7 cents on the dollar compare
- 164 Burundi 7.5 cents on the dollar compare
- 165 Venezuela 5.3 cents on the dollar compare
- 167 Angola 0 cents on the dollar
- 167 Bhutan 0 cents on the dollar
- 167 Cape Verde 0 cents on the dollar
- 167 Central African Republic 0 cents on the dollar
- 167 Chad 0 cents on the dollar
- 167 Comoros 0 cents on the dollar
- 167 Democratic Republic of Congo 0 cents on the dollar
- 167 Equatorial Guinea 0 cents on the dollar
- 167 Eritrea 0 cents on the dollar
- 167 Grenada 0 cents on the dollar
- 167 Guinea-Bissau 0 cents on the dollar
- 167 Haiti 0 cents on the dollar
- 167 Iraq 0 cents on the dollar
- 167 Kiribati 0 cents on the dollar
- 167 Laos 0 cents on the dollar
- 167 Libya 0 cents on the dollar
- 167 Mauritania 0 cents on the dollar
- 167 Sao Tome and Principe 0 cents on the dollar
- 167 Saudi Arabia 0 cents on the dollar
- 167 Somalia 0 cents on the dollar
- 167 South Sudan 0 cents on the dollar
- 167 Saint Kitts and Nevis 0 cents on the dollar
- 167 Saint Vincent and the Grenadines 0 cents on the dollar
- 167 East Timor 0 cents on the dollar
- 167 Palestine 0 cents on the dollar
More reference data data for Micronesia (country)
- Emission Totals - Emissions (CH4) - Burning - Crop residues 0.0003 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure left on 16.58 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 0.0232 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural 20.76 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Burning - Crop 0.0018 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 1.05 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 3.01 (2050)
- Emission Totals - Emissions (CH4) - Enteric Fermentation 1.94 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 16.58 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 0.0074 (2050)
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 166th out of 191 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
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.