Resolving insolvency: Recovery rate in Papua New Guinea
Papua New Guinea: Resolving insolvency: Recovery rate was 24.9 cents on the dollar in 2019. ▲ Rising
Resolving insolvency: Recovery rate in Papua New Guinea, 2003–2019
Source: World Bank. Measured in cents on the dollar.
Analysis
Papua New Guinea recorded 24.9 cents on the dollar for resolving insolvency: recovery rate in 2019.
Compared with earlier readings it is down 0.8% on the previous year and up 0.8% over ten years.
Over the whole period, resolving insolvency: recovery rate in Papua New Guinea peaked at 25.2 cents on the dollar in 2017 and was at its lowest, 21.8 cents on the dollar, in 2003.
That places Papua New Guinea 126th out of 190 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.26 cents on the dollar | 21.8 cents on the dollar | 24.7 cents on the dollar | 7 |
| 2010s | 24.29 cents on the dollar | 23.5 cents on the dollar | 25.2 cents on the dollar | 10 |
Countries ranked near Papua New Guinea
- 123 Panama 27 cents on the dollar compare
- 124 Afghanistan 26.7 cents on the dollar compare
- 125 Trinidad and Tobago 26.1 cents on the dollar compare
- 127 Solomon Islands 24.4 cents on the dollar compare
- 128 Ghana 24 cents on the dollar compare
- 129 Benin 23.9 cents on the dollar compare
More reference data data for Papua New Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2042 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0498 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3515 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0007 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3515 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.6846 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5295 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2811 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0038 (2050)
Frequently asked questions
- What is resolving insolvency: recovery rate in Papua New Guinea?
- Resolving insolvency: recovery rate in Papua New Guinea was 24.9 cents on the dollar in 2019, according to the World Bank.
- What is the highest resolving insolvency: recovery rate recorded in Papua New Guinea?
- The highest recorded value was 25.2 cents on the dollar in 2017.
- What is the lowest resolving insolvency: recovery rate recorded in Papua New Guinea?
- The lowest recorded value was 21.8 cents on the dollar in 2003.
- How does Papua New Guinea rank for resolving insolvency: recovery rate?
- Papua New Guinea ranks 126th out of 190 countries with data for 2019.
- Is resolving insolvency: recovery rate rising or falling in Papua New Guinea?
- Over the last ten years it is up 0.8%. The long-run trend across the full record is rising.
- Where does this Papua New Guinea 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.