Resolving insolvency: Recovery rate in Norway

Norway: Resolving insolvency: Recovery rate was 91.9 cents on the dollar in 2019. ▬ Flat

Latest (2019)
91.9 cents on the dollar
Change on year
down 0.1%
World rank
2nd
of 188 countries
All-time high
94.4 cents on the dollar
in 2003
All-time low
87.6 cents on the dollar
in 2004
Years of data
17
2003–2019

Resolving insolvency: Recovery rate in Norway, 2003–2019

0204060801002003201120192003: 94.4 cents on the dollar2004: 87.6 cents on the dollar2005: 91.1 cents on the dollar2006: 91.1 cents on the dollar2007: 90.7 cents on the dollar2008: 89 cents on the dollar2009: 89 cents on the dollar2010: 90.9 cents on the dollar2011: 90.6 cents on the dollar2012: 90.8 cents on the dollar2013: 91.3 cents on the dollar2014: 92.3 cents on the dollar2015: 92.5 cents on the dollar2016: 92.9 cents on the dollar2017: 93.1 cents on the dollar2018: 92 cents on the dollar2019: 91.9 cents on the dollar

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

Analysis

In 2019, resolving insolvency: recovery rate in Norway stood at 91.9 cents on the dollar.

That represents a change of down 0.1% on the previous year and up 3.3% over ten years.

Over the whole period, resolving insolvency: recovery rate in Norway peaked at 94.4 cents on the dollar in 2003 and was at its lowest, 87.6 cents on the dollar, in 2004.

That places Norway 2nd out of 188 countries with data for 2019, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 90.41 cents on the dollar 87.6 cents on the dollar 94.4 cents on the dollar 7
2010s 91.83 cents on the dollar 90.6 cents on the dollar 93.1 cents on the dollar 10

Countries ranked near Norway

  1. 1 Japan 92.1 cents on the dollar compare
  2. 1 Djibouti 44 cents on the dollar compare
  3. 3 Netherlands 90.1 cents on the dollar compare
  4. 4 Slovenia 90 cents on the dollar compare
  5. 5 Belgium 89.4 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Norway

All data for Norway →

Frequently asked questions

What is resolving insolvency: recovery rate in Norway?
Resolving insolvency: recovery rate in Norway was 91.9 cents on the dollar in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate recorded in Norway?
The highest recorded value was 94.4 cents on the dollar in 2003.
What is the lowest resolving insolvency: recovery rate recorded in Norway?
The lowest recorded value was 87.6 cents on the dollar in 2004.
How does Norway rank for resolving insolvency: recovery rate?
Norway ranks 2nd out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate rising or falling in Norway?
Over the last ten years it is up 3.3%. The long-run trend across the full record is flat.
Where does this Norway 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.

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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.