Colombia vs United Kingdom: Enforcing contracts: Cost
Colombia
45.8%
in 2019
United Kingdom
45.7%
in 2019
Colombia rank
28th
United Kingdom rank
29th
Enforcing contracts: Cost over time
- Colombia
- United Kingdom
How they compare
Colombia currently reports 45.8% against 45.7% in United Kingdom, a difference of 0.1%.
Across all 17 years both countries report, Colombia has been ahead every year.
Colombia ranks 28th and United Kingdom ranks 29th of 191 countries.
Colombia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Colombia | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 47.9% | 39.0% | 8.9% | Colombia |
| 2010s | 46.6% | 43.7% | 2.9% | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Colombia or United Kingdom?
- Colombia, at 45.8% against 45.7% in United Kingdom as of 2019.
- What is the difference in enforcing contracts: cost between Colombia and United Kingdom?
- 0.1%, with Colombia ahead.
- How many years of comparable data are there for Colombia and United Kingdom?
- 17 years are reported by both, from 2003 to 2019.
- How do Colombia and United Kingdom rank globally for enforcing contracts: cost?
- Colombia ranks 28th and United Kingdom ranks 29th of 191 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.