Australia vs Latvia: Enforcing contracts: Cost
Australia
23.2%
in 2019
Latvia
23.1%
in 2019
Australia rank
130th
Latvia rank
133rd
Enforcing contracts: Cost over time
- Australia
- Latvia
How they compare
Australia currently reports 23.2% against 23.1% in Latvia, a difference of 0.1%.
The two have swapped places 2 times across 17 shared years of data; in 2003 it was Australia ahead.
Australia ranks 130th and Latvia ranks 133rd of 190 countries.
Across the 2 decades both report, Australia averaged higher in 1 and Latvia in 1.
Head to head by decade
| Decade | Australia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 22.1% | 17.2% | 4.9% | Australia |
| 2010s | 23.1% | 23.1% | 0.0% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Australia or Latvia?
- Australia, at 23.2% against 23.1% in Latvia as of 2019.
- What is the difference in enforcing contracts: cost between Australia and Latvia?
- 0.1%, with Australia ahead.
- How many years of comparable data are there for Australia and Latvia?
- 17 years are reported by both, from 2003 to 2019.
- How do Australia and Latvia rank globally for enforcing contracts: cost?
- Australia ranks 130th and Latvia ranks 133rd of 190 countries.
- Where does this data come from?
- The World Bank, published as Enforcing contracts: Cost (% of claim). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The cost to enforce contracts is recorded as a percentage of the claim value, assumed to be equivalent to 200% of income per capita or $5,000, whichever is greater. Three types of costs are recorded: average attorney fees, court costs and enforcement costs. Bribes are not taken into account.