Resolving insolvency: Recovery rate in Solomon Islands
Solomon Islands: Resolving insolvency: Recovery rate was 24.4 cents on the dollar in 2019. ▲ Rising
Resolving insolvency: Recovery rate in Solomon Islands, 2003–2019
Source: World Bank. Measured in cents on the dollar.
Analysis
In 2019, resolving insolvency: recovery rate in Solomon Islands stood at 24.4 cents on the dollar.
The figure is up 3.4% over ten years.
Over the whole period, resolving insolvency: recovery rate in Solomon Islands peaked at 24.5 cents on the dollar in 2017 and was at its lowest, 23.2 cents on the dollar, in 2003.
Solomon Islands ranks 128th of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Resolving insolvency: Recovery rate in Solomon Islands, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 23.2 cents on the dollar | — |
| 2004 | 23.2 cents on the dollar | +0.0% |
| 2005 | 23.3 cents on the dollar | +0.4% |
| 2006 | 23.3 cents on the dollar | +0.0% |
| 2007 | 23.3 cents on the dollar | +0.0% |
| 2008 | 23.6 cents on the dollar | +1.3% |
| 2009 | 23.6 cents on the dollar | +0.0% |
| 2010 | 23.4 cents on the dollar | -0.8% |
| 2011 | 23.8 cents on the dollar | +1.7% |
| 2012 | 23.9 cents on the dollar | +0.4% |
| 2013 | 24.3 cents on the dollar | +1.7% |
| 2014 | 24.4 cents on the dollar | +0.4% |
| 2015 | 24.3 cents on the dollar | -0.4% |
| 2016 | 24.4 cents on the dollar | +0.4% |
| 2017 | 24.5 cents on the dollar | +0.4% |
| 2018 | 24.4 cents on the dollar | -0.4% |
| 2019 | 24.4 cents on the dollar | +0.0% |
Solomon Islands compared with similar countries
- Solomon Islands's 24.4 cents on the dollar is below the median for lower middle income countries, which is 24.9 cents on the dollar, 98% of the median. (47 countries reporting)
- Solomon Islands's 24.4 cents on the dollar is below the median for East Asia & Pacific, which is 29.3 cents on the dollar, 83% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.36 cents on the dollar | 23.2 cents on the dollar | 23.6 cents on the dollar | 7 |
| 2010s | 24.18 cents on the dollar | 23.4 cents on the dollar | 24.5 cents on the dollar | 10 |
Countries ranked near Solomon Islands
- 125 Afghanistan 26.7 cents on the dollar compare
- 126 Trinidad and Tobago 26.1 cents on the dollar compare
- 127 Papua New Guinea 24.9 cents on the dollar compare
- 129 Ghana 24 cents on the dollar compare
- 130 Benin 23.9 cents on the dollar compare
- 131 Burkina Faso 23.6 cents on the dollar compare
More reference data data for Solomon Islands
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0077 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0075 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0154 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0002 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0154 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0259 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.02 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0427 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0894 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0009 (2050)
Frequently asked questions
- What is resolving insolvency: recovery rate in Solomon Islands?
- Resolving insolvency: recovery rate in Solomon Islands was 24.4 cents on the dollar in 2019, according to the World Bank.
- What is the highest resolving insolvency: recovery rate recorded in Solomon Islands?
- The highest recorded value was 24.5 cents on the dollar in 2017.
- What is the lowest resolving insolvency: recovery rate recorded in Solomon Islands?
- The lowest recorded value was 23.2 cents on the dollar in 2003.
- How does Solomon Islands rank for resolving insolvency: recovery rate?
- Solomon Islands ranks 128th out of 191 countries with data for 2019.
- Is resolving insolvency: recovery rate rising or falling in Solomon Islands?
- Over the last ten years it is up 3.4%. The long-run trend across the full record is rising.
- Where does this Solomon Islands 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.