Germany vs Korea, Republic of: Enforcing contracts: Cost
Germany
14.4%
in 2019
Korea, Republic of
12.7%
in 2019
Germany rank
183rd
Korea, Republic of rank
186th
Enforcing contracts: Cost over time
- Germany
- Korea, Republic of
How they compare
Germany currently reports 14.4% against 12.7% in Korea, Republic of, a difference of 1.7%.
That makes Germany's figure about 1.1 times Korea, Republic of's.
Across all 17 years both countries report, Germany has been ahead every year.
Germany ranks 183rd and Korea, Republic of ranks 186th of 190 countries.
Germany has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Germany | Korea, Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 14.4% | 12.7% | 1.7% | Germany |
| 2010s | 14.4% | 12.7% | 1.7% | Germany |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Germany or Korea, Republic of?
- Germany, at 14.4% against 12.7% in Korea, Republic of as of 2019.
- What is the difference in enforcing contracts: cost between Germany and Korea, Republic of?
- 1.7%, with Germany ahead.
- How many years of comparable data are there for Germany and Korea, Republic of?
- 17 years are reported by both, from 2003 to 2019.
- How do Germany and Korea, Republic of rank globally for enforcing contracts: cost?
- Germany ranks 183rd and Korea, Republic of ranks 186th 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.