Resolving insolvency: Recovery rate in Tonga
Tonga: Resolving insolvency: Recovery rate was 28.2 cents on the dollar in 2019. ▲ Rising
Resolving insolvency: Recovery rate in Tonga, 2003–2019
Source: World Bank. Measured in cents on the dollar.
Analysis
Tonga recorded 28.2 cents on the dollar for resolving insolvency: recovery rate in 2019.
That represents a change of down 0.4% on the previous year and up 10.6% over ten years.
Over the whole period, resolving insolvency: recovery rate in Tonga peaked at 28.3 cents on the dollar in 2017 and was at its lowest, 25.3 cents on the dollar, in 2005.
Tonga ranks 113th of 188 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.8 cents on the dollar | 25.3 cents on the dollar | 26.8 cents on the dollar | 7 |
| 2010s | 27.12 cents on the dollar | 25.5 cents on the dollar | 28.3 cents on the dollar | 10 |
Countries ranked near Tonga
- 110 Bangladesh 29.1 cents on the dollar compare
- 111 Morocco 28.7 cents on the dollar compare
- 112 Mali 28.3 cents on the dollar compare
- 114 Guatemala 28.1 cents on the dollar compare
- 114 Lesotho 28.1 cents on the dollar compare
- 116 Nigeria 27.8 cents on the dollar compare
- 116 Gambia 27.8 cents on the dollar compare
More reference data data for Tonga
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0197 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied to 9.35 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0269 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0446 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.0799 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 28.31 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural Soil 21.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.1068 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0092 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0105 (2050)
Frequently asked questions
- What is resolving insolvency: recovery rate in Tonga?
- Resolving insolvency: recovery rate in Tonga was 28.2 cents on the dollar in 2019, according to the World Bank.
- What is the highest resolving insolvency: recovery rate recorded in Tonga?
- The highest recorded value was 28.3 cents on the dollar in 2017.
- What is the lowest resolving insolvency: recovery rate recorded in Tonga?
- The lowest recorded value was 25.3 cents on the dollar in 2005.
- How does Tonga rank for resolving insolvency: recovery rate?
- Tonga ranks 113th out of 188 countries with data for 2019.
- Is resolving insolvency: recovery rate rising or falling in Tonga?
- Over the last ten years it is up 10.6%. The long-run trend across the full record is rising.
- Where does this Tonga 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.