Resolving insolvency: Recovery rate in Philippines

Philippines: Resolving insolvency: Recovery rate was 21.1 cents on the dollar in 2019. ◆ Volatile

Latest (2019)
21.1 cents on the dollar
Change on year
down 0.9%
World rank
132nd
of 188 countries
All-time high
21.4 cents on the dollar
in 2015
All-time low
3.8 cents on the dollar
in 2004
Years of data
17
2003–2019

Resolving insolvency: Recovery rate in Philippines, 2003–2019

51015202003201120192003: 4.3 cents on the dollar2004: 3.8 cents on the dollar2005: 4.1 cents on the dollar2006: 4 cents on the dollar2007: 4.2 cents on the dollar2008: 4.4 cents on the dollar2009: 4.4 cents on the dollar2010: 4.5 cents on the dollar2011: 4.7 cents on the dollar2012: 4.9 cents on the dollar2013: 21.3 cents on the dollar2014: 21.2 cents on the dollar2015: 21.4 cents on the dollar2016: 21.3 cents on the dollar2017: 21.3 cents on the dollar2018: 21.3 cents on the dollar2019: 21.1 cents on the dollar

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

Analysis

The most recent figure for resolving insolvency: recovery rate in Philippines is 21.1 cents on the dollar, measured in 2019.

The figure is down 0.9% on the previous year and up 379.5% over ten years.

Over the whole period, resolving insolvency: recovery rate in Philippines peaked at 21.4 cents on the dollar in 2015 and was at its lowest, 3.8 cents on the dollar, in 2004.

That places Philippines 132nd out of 188 countries with data for 2019, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.17 cents on the dollar 3.8 cents on the dollar 4.4 cents on the dollar 7
2010s 16.3 cents on the dollar 4.5 cents on the dollar 21.4 cents on the dollar 10

Countries ranked near Philippines

  1. 129 Egypt, Arab Rep. 23.3 cents on the dollar compare
  2. 130 Paraguay 23 cents on the dollar compare
  3. 131 Viet Nam 21.3 cents on the dollar compare
  4. 132 Syrian Arab Republic 21.1 cents on the dollar compare
  5. 134 Yemen, Rep. 21 cents on the dollar compare
  6. 135 Niger 20.9 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is resolving insolvency: recovery rate in Philippines?
Resolving insolvency: recovery rate in Philippines was 21.1 cents on the dollar in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate recorded in Philippines?
The highest recorded value was 21.4 cents on the dollar in 2015.
What is the lowest resolving insolvency: recovery rate recorded in Philippines?
The lowest recorded value was 3.8 cents on the dollar in 2004.
How does Philippines rank for resolving insolvency: recovery rate?
Philippines ranks 132nd out of 188 countries with data for 2019.
Is resolving insolvency: recovery rate rising or falling in Philippines?
Over the last ten years it is up 379.5%. The long-run trend across the full record is volatile.
Where does this Philippines 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.