Resolving insolvency: Recovery rate in Philippines
Philippines: Resolving insolvency: Recovery rate was 21.1 cents on the dollar in 2019. ◆ Volatile
Resolving insolvency: Recovery rate in Philippines, 2003–2019
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 135th out of 191 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.
Resolving insolvency: Recovery rate in Philippines, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 4.3 cents on the dollar | — |
| 2004 | 3.8 cents on the dollar | -11.6% |
| 2005 | 4.1 cents on the dollar | +7.9% |
| 2006 | 4 cents on the dollar | -2.4% |
| 2007 | 4.2 cents on the dollar | +5.0% |
| 2008 | 4.4 cents on the dollar | +4.8% |
| 2009 | 4.4 cents on the dollar | +0.0% |
| 2010 | 4.5 cents on the dollar | +2.3% |
| 2011 | 4.7 cents on the dollar | +4.4% |
| 2012 | 4.9 cents on the dollar | +4.3% |
| 2013 | 21.3 cents on the dollar | +334.7% |
| 2014 | 21.2 cents on the dollar | -0.5% |
| 2015 | 21.4 cents on the dollar | +0.9% |
| 2016 | 21.3 cents on the dollar | -0.5% |
| 2017 | 21.3 cents on the dollar | +0.0% |
| 2018 | 21.3 cents on the dollar | +0.0% |
| 2019 | 21.1 cents on the dollar | -0.9% |
Philippines compared with similar countries
- Philippines's 21.1 cents on the dollar is below the median for upper middle income countries, which is 33.45 cents on the dollar, 63% of the median. (56 countries reporting)
- Philippines's 21.1 cents on the dollar is below the median for East Asia & Pacific, which is 29.3 cents on the dollar, 72% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Resolving insolvency: Recovery rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +334.7% | 4.9 cents on the dollar | 21.3 cents on the dollar |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Philippines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.95 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 12.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.43 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 12.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 7.4 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 10.7 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 67.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.76 (2050)
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 135th out of 191 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
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.