Resolving insolvency: Recovery rate in Somalia

Somalia: Resolving insolvency: Recovery rate was 0 cents on the dollar in 2019. ▬ Flat

Latest (2019)
0 cents on the dollar
World rank
164th
of 188 countries
All-time high
0 cents on the dollar
in 2015
All-time low
0 cents on the dollar
in 2015
Years of data
5
2015–2019

Resolving insolvency: Recovery rate in Somalia, 2015–2019

00.20.40.60.812015201720192015: 0 cents on the dollar2016: 0 cents on the dollar2017: 0 cents on the dollar2018: 0 cents on the dollar2019: 0 cents on the dollar

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

Analysis

In 2019, resolving insolvency: recovery rate in Somalia stood at 0 cents on the dollar. That is the highest value across all 5 years on record.

Somalia ranks 164th of 188 countries on this measure, in the bottom quarter.

Countries ranked near Somalia

  1. 161 Burundi 7.5 cents on the dollar compare
  2. 162 Venezuela 5.3 cents on the dollar compare
  3. 163 Micronesia (country) 3.4 cents on the dollar compare
  4. 164 Angola 0 cents on the dollar compare
  5. 164 Bhutan 0 cents on the dollar compare
  6. 164 Cape Verde 0 cents on the dollar compare
  7. 164 Chad 0 cents on the dollar compare
  8. 164 Comoros 0 cents on the dollar compare
  9. 164 Democratic Republic of Congo 0 cents on the dollar compare
  10. 164 Equatorial Guinea 0 cents on the dollar compare
  11. 164 Eritrea 0 cents on the dollar compare
  12. 164 Grenada 0 cents on the dollar compare
  13. 164 Guinea-Bissau 0 cents on the dollar compare
  14. 164 Haiti 0 cents on the dollar compare
  15. 164 Iraq 0 cents on the dollar compare
  16. 164 Kiribati 0 cents on the dollar compare
  17. 164 Laos 0 cents on the dollar compare
  18. 164 Libya 0 cents on the dollar compare
  19. 164 Mauritania 0 cents on the dollar compare
  20. 164 Sao Tome and Principe 0 cents on the dollar compare
  21. 164 Saudi Arabia 0 cents on the dollar compare
  22. 164 South Sudan 0 cents on the dollar compare
  23. 164 Saint Kitts and Nevis 0 cents on the dollar compare
  24. 164 Saint Vincent and the Grenadines 0 cents on the dollar compare
  25. 164 East Timor 0 cents on the dollar compare
  26. 164 Palestine 0 cents on the dollar compare

See the full ranking of 190 places →

More reference data data for Somalia

All data for Somalia →

Frequently asked questions

What is resolving insolvency: recovery rate in Somalia?
Resolving insolvency: recovery rate in Somalia was 0 cents on the dollar in 2019, according to the World Bank.
What is the highest resolving insolvency: recovery rate recorded in Somalia?
The highest recorded value was 0 cents on the dollar in 2015.
What is the lowest resolving insolvency: recovery rate recorded in Somalia?
The lowest recorded value was 0 cents on the dollar in 2015.
How does Somalia rank for resolving insolvency: recovery rate?
Somalia ranks 164th out of 188 countries with data for 2019.
Where does this Somalia 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

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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.