Resolving insolvency: Recovery rate in Trinidad and Tobago
Trinidad and Tobago: Resolving insolvency: Recovery rate was 26.1 cents on the dollar in 2019. ▲ Rising
Resolving insolvency: Recovery rate in Trinidad and Tobago, 2005–2019
Source: World Bank. Measured in cents on the dollar.
Analysis
Trinidad and Tobago recorded 26.1 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 6.1% over ten years.
Over the whole period, resolving insolvency: recovery rate in Trinidad and Tobago peaked at 27.1 cents on the dollar in 2014 and was at its lowest, 24.6 cents on the dollar, in 2007.
That places Trinidad and Tobago 126th out of 191 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Resolving insolvency: Recovery rate in Trinidad and Tobago, year by year
| Year | cents on the dollar | Change |
|---|---|---|
| 2005 | 26 cents on the dollar | — |
| 2006 | 26.1 cents on the dollar | +0.4% |
| 2007 | 24.6 cents on the dollar | -5.7% |
| 2008 | 24.6 cents on the dollar | +0.0% |
| 2009 | 24.6 cents on the dollar | +0.0% |
| 2010 | 25.3 cents on the dollar | +2.8% |
| 2011 | 26.4 cents on the dollar | +4.3% |
| 2012 | 26.8 cents on the dollar | +1.5% |
| 2013 | 26.9 cents on the dollar | +0.4% |
| 2014 | 27.1 cents on the dollar | +0.7% |
| 2015 | 27.1 cents on the dollar | +0.0% |
| 2016 | 26.7 cents on the dollar | -1.5% |
| 2017 | 26.2 cents on the dollar | -1.9% |
| 2018 | 26.2 cents on the dollar | +0.0% |
| 2019 | 26.1 cents on the dollar | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.18 cents on the dollar | 24.6 cents on the dollar | 26.1 cents on the dollar | 5 |
| 2010s | 26.48 cents on the dollar | 25.3 cents on the dollar | 27.1 cents on the dollar | 10 |
Countries ranked near Trinidad and Tobago
- 124 Panama 27 cents on the dollar compare
- 125 Afghanistan 26.7 cents on the dollar compare
- 127 Papua New Guinea 24.9 cents on the dollar compare
- 128 Solomon Islands 24.4 cents on the dollar compare
- 129 Ghana 24 cents on the dollar compare
More reference data data for Trinidad and Tobago
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0696 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0589 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.165 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0005 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.165 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2333 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0945 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3189 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7976 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0027 (2050)
Frequently asked questions
- What is resolving insolvency: recovery rate in Trinidad and Tobago?
- Resolving insolvency: recovery rate in Trinidad and Tobago was 26.1 cents on the dollar in 2019, according to the World Bank.
- What is the highest resolving insolvency: recovery rate recorded in Trinidad and Tobago?
- The highest recorded value was 27.1 cents on the dollar in 2014.
- What is the lowest resolving insolvency: recovery rate recorded in Trinidad and Tobago?
- The lowest recorded value was 24.6 cents on the dollar in 2007.
- How does Trinidad and Tobago rank for resolving insolvency: recovery rate?
- Trinidad and Tobago ranks 126th out of 191 countries with data for 2019.
- Is resolving insolvency: recovery rate rising or falling in Trinidad and Tobago?
- Over the last ten years it is up 6.1%. The long-run trend across the full record is rising.
- Where does this Trinidad and Tobago 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 — 15 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.