Resolving insolvency: recovery rate (cents on the dollar) in Czech Republic was reported at 66.5 % in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources. Czech Republic - Resolving insolvency: recovery rate (cents on the dollar) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2022.

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 czech republic resolving insolvency recovery rate cents on the dollar wb data

The recovery rate calculates how many cents on the dollar claimants (creditors, tax authorities, and employees) recover from an insolvent firm. Information comes from local insolvency practitioners, laws and regulations as well as public information on bankruptcy systems. The recovery rate for economies with “no practice” (i.e., fewer than 5 cases a year over the past 5 years) is 0. Source: World Bank, Doing Business Project (

Czech Republic | World Bank Development Indicators