Ecuador vs Guyana: Enforcing contracts: Cost
Ecuador
27.2%
in 2019
Guyana
27.0%
in 2019
Ecuador rank
96th
Guyana rank
99th
Enforcing contracts: Cost over time
- Ecuador
- Guyana
How they compare
Ecuador currently reports 27.2% against 27.0% in Guyana, a difference of 0.2%.
Across all 16 years both countries report, Ecuador has been ahead every year.
Ecuador ranks 96th and Guyana ranks 99th of 188 countries.
Ecuador has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | Guyana | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 27.2% | 25.2% | 2.0% | Ecuador |
| 2010s | 27.2% | 25.7% | 1.5% | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Ecuador or Guyana?
- Ecuador, at 27.2% against 27.0% in Guyana as of 2019.
- What is the difference in enforcing contracts: cost between Ecuador and Guyana?
- 0.2%, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Guyana?
- 16 years are reported by both, from 2004 to 2019.
- How do Ecuador and Guyana rank globally for enforcing contracts: cost?
- Ecuador ranks 96th and Guyana ranks 99th of 188 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.