Resolving insolvency: Recovery rate in Togo
Togo: Resolving insolvency: Recovery rate was 35.1 cents on the dollar in 2019. ▲ Rising
Resolving insolvency: Recovery rate in Togo, 2003–2019
Source: World Bank. Measured in cents on the dollar.
Analysis
The most recent figure for resolving insolvency: recovery rate in Togo is 35.1 cents on the dollar, measured in 2019. That is the highest value across all 17 years on record.
That represents a change of up 2.0% on the previous year and up 32.0% over ten years.
Over the whole period, resolving insolvency: recovery rate in Togo peaked at 35.1 cents on the dollar in 2019 and was at its lowest, 14.6 cents on the dollar, in 2004.
Togo ranks 92nd 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 Togo, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2003 | 15.7 cents on the dollar | — |
| 2004 | 14.6 cents on the dollar | -7.0% |
| 2005 | 15.7 cents on the dollar | +7.5% |
| 2006 | 26.9 cents on the dollar | +71.3% |
| 2007 | 26.3 cents on the dollar | -2.2% |
| 2008 | 26.6 cents on the dollar | +1.1% |
| 2009 | 26.6 cents on the dollar | +0.0% |
| 2010 | 30.6 cents on the dollar | +15.0% |
| 2011 | 30.5 cents on the dollar | -0.3% |
| 2012 | 30.5 cents on the dollar | +0.0% |
| 2013 | 27.6 cents on the dollar | -9.5% |
| 2014 | 27.9 cents on the dollar | +1.1% |
| 2015 | 27.9 cents on the dollar | +0.0% |
| 2016 | 30.8 cents on the dollar | +10.4% |
| 2017 | 34 cents on the dollar | +10.4% |
| 2018 | 34.4 cents on the dollar | +1.2% |
| 2019 | 35.1 cents on the dollar | +2.0% |
Togo compared with similar countries
- Togo's 35.1 cents on the dollar is above the median for lower middle income countries, which is 24.9 cents on the dollar, 1.4× the median. (47 countries reporting)
- Togo's 35.1 cents on the dollar is above the median for Sub-Saharan Africa, which is 19.9 cents on the dollar, 1.8× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Resolving insolvency: Recovery rate in Togo 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 |
|---|---|---|---|
| 2006 | +71.3% | 15.7 cents on the dollar | 26.9 cents on the dollar |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.77 cents on the dollar | 14.6 cents on the dollar | 26.9 cents on the dollar | 7 |
| 2010s | 30.93 cents on the dollar | 27.6 cents on the dollar | 35.1 cents on the dollar | 10 |
Countries ranked near Togo
More reference data data for Togo
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2131 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9469 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1011 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.7145 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.8422 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.69 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.5505 (2050)
Frequently asked questions
- What is resolving insolvency: recovery rate in Togo?
- Resolving insolvency: recovery rate in Togo was 35.1 cents on the dollar in 2019, according to the World Bank.
- What is the highest resolving insolvency: recovery rate recorded in Togo?
- The highest recorded value was 35.1 cents on the dollar in 2019.
- What is the lowest resolving insolvency: recovery rate recorded in Togo?
- The lowest recorded value was 14.6 cents on the dollar in 2004.
- How does Togo rank for resolving insolvency: recovery rate?
- Togo ranks 92nd out of 191 countries with data for 2019.
- Is resolving insolvency: recovery rate rising or falling in Togo?
- Over the last ten years it is up 32.0%. The long-run trend across the full record is rising.
- Where does this Togo 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.