Guatemala vs Nicaragua: Enforcing contracts: Cost
Guatemala
26.5%
in 2019
Nicaragua
26.8%
in 2019
Guatemala rank
108th
Nicaragua rank
106th
Enforcing contracts: Cost over time
- Guatemala
- Nicaragua
How they compare
Nicaragua currently reports 26.8% against 26.5% in Guatemala, a difference of 0.3%.
Across all 17 years both countries report, Nicaragua has been ahead every year.
Guatemala ranks 108th and Nicaragua ranks 106th of 191 countries.
Nicaragua has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guatemala | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 26.5% | 26.8% | 0.3% | Nicaragua |
| 2010s | 26.5% | 26.8% | 0.3% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Guatemala or Nicaragua?
- Nicaragua, at 26.8% against 26.5% in Guatemala as of 2019.
- What is the difference in enforcing contracts: cost between Guatemala and Nicaragua?
- 0.3%, with Nicaragua ahead.
- How many years of comparable data are there for Guatemala and Nicaragua?
- 17 years are reported by both, from 2003 to 2019.
- How do Guatemala and Nicaragua rank globally for enforcing contracts: cost?
- Guatemala ranks 108th and Nicaragua ranks 106th 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.