Resolving insolvency: Recovery rate in Montenegro
Montenegro: Resolving insolvency: Recovery rate was 50.3 cents on the dollar in 2019. ▲ Rising
Resolving insolvency: Recovery rate in Montenegro, 2006–2019
Source: World Bank. Measured in cents on the dollar.
Analysis
In 2019, resolving insolvency: recovery rate in Montenegro stood at 50.3 cents on the dollar. That is the highest value across all 14 years on record.
That represents a change of up 0.6% on the previous year and up 15.1% over ten years.
Over the whole period, resolving insolvency: recovery rate in Montenegro peaked at 50.3 cents on the dollar in 2019 and was at its lowest, 41.8 cents on the dollar, in 2006.
That places Montenegro 46th out of 191 countries with data for 2019, putting it in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Resolving insolvency: Recovery rate in Montenegro, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2006 | 41.8 cents on the dollar | — |
| 2007 | 42.8 cents on the dollar | +2.4% |
| 2008 | 43.7 cents on the dollar | +2.1% |
| 2009 | 43.7 cents on the dollar | +0.0% |
| 2010 | 43.4 cents on the dollar | -0.7% |
| 2011 | 43.3 cents on the dollar | -0.2% |
| 2012 | 48.2 cents on the dollar | +11.3% |
| 2013 | 48.3 cents on the dollar | +0.2% |
| 2014 | 48.4 cents on the dollar | +0.2% |
| 2015 | 48.3 cents on the dollar | -0.2% |
| 2016 | 48.6 cents on the dollar | +0.6% |
| 2017 | 49.3 cents on the dollar | +1.4% |
| 2018 | 50 cents on the dollar | +1.4% |
| 2019 | 50.3 cents on the dollar | +0.6% |
Montenegro compared with similar countries
- Montenegro's 50.3 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)
- Montenegro's 50.3 cents on the dollar is above the median for Europe & Central Asia, which is 44.6 cents on the dollar, 1.1× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 43 cents on the dollar | 41.8 cents on the dollar | 43.7 cents on the dollar | 4 |
| 2010s | 47.81 cents on the dollar | 43.3 cents on the dollar | 50.3 cents on the dollar | 10 |
Countries ranked near Montenegro
More reference data data for Montenegro
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0413 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0412 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.095 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0009 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.095 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1384 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1046 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1738 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.4689 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0049 (2050)
Frequently asked questions
- What is resolving insolvency: recovery rate in Montenegro?
- Resolving insolvency: recovery rate in Montenegro was 50.3 cents on the dollar in 2019, according to the World Bank.
- What is the highest resolving insolvency: recovery rate recorded in Montenegro?
- The highest recorded value was 50.3 cents on the dollar in 2019.
- What is the lowest resolving insolvency: recovery rate recorded in Montenegro?
- The lowest recorded value was 41.8 cents on the dollar in 2006.
- How does Montenegro rank for resolving insolvency: recovery rate?
- Montenegro ranks 46th out of 191 countries with data for 2019.
- Is resolving insolvency: recovery rate rising or falling in Montenegro?
- Over the last ten years it is up 15.1%. The long-run trend across the full record is rising.
- Where does this Montenegro 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 — 14 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.