Performance of recovery process – February 2017

KEY TAKEAWAYS

  • Throughout 2015 and 2016 Spain, Finland and Estonia have all experienced periods of improved recovery. Along with improvements, all three countries saw an average decrease of three percentage points in Q1 and Q2 of 2015 compared to last month.
  • Finland, Spain and Slovakia have each made strong improvements in their 2016 average recovery performance relative to their total combined average for 2014 and 2015. For example, Slovakia’s 2014 & 2015 average recovery performance was 24% whereas 2016 currently stands at an average of 123%.
  • We still have more work to do with recovery rates as some countries experienced a slight dip in 2016.

PRINCIPAL RECOVERY RATES ACROSS MARKETS

Though recoveries have dipped, the February averages reaching back to Q4 of 2015 are relatively stable with those of January for the same period. For example, Estonia, Finland and Spain’s February Q4, 2015 to Q3, 2016 averages are all within 1 percentage point of the averages for the same period in January. 2016 has seen five periods of recovery improvement while 2015 saw only two periods of recovery improvement (Spain in Q3, 2015 and Estonia in Q4 in 2015). The data in the table below is as of 14.02.2016.

Quarter 2014 Q1 2014 Q2 2014 Q3 2014 Q4 2015 Q1 2015 Q2 2015 Q3 2015 Q4 2016 Q1 2016 Q2 2016 Q3
Estonia 53% 70% 74% 78% 107% 77% 49% 52% 57% 71% 73%
Finland 42% 65% 34% 56% 71% 66% 17% 19% 30% 53% 83%
Spain N/A 19% 16% 20% 32% 26% 34% 36% 34% 85% 39%
Slovakia N/A N/A 5% 10% 29% 14% 56% 63% 78% 251% 39%

You can find additional related information about the recovery process from these articles:

 

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