Guinea vs Venezuela, Bolivarian Republic of: Enforcing contracts: Cost
Guinea
45.0%
in 2019
Venezuela, Bolivarian Republic of
43.7%
in 2019
Guinea rank
32nd
Venezuela, Bolivarian Republic of rank
34th
Enforcing contracts: Cost over time
- Guinea
- Venezuela, Bolivarian Republic of
How they compare
Guinea currently reports 45.0% against 43.7% in Venezuela, Bolivarian Republic of, a difference of 1.3%.
Across all 17 years both countries report, Guinea has been ahead every year.
Guinea ranks 32nd and Venezuela, Bolivarian Republic of ranks 34th of 190 countries.
Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 45.0% | 43.7% | 1.3% | Guinea |
| 2010s | 45.0% | 43.7% | 1.3% | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Guinea or Venezuela, Bolivarian Republic of?
- Guinea, at 45.0% against 43.7% in Venezuela, Bolivarian Republic of as of 2019.
- What is the difference in enforcing contracts: cost between Guinea and Venezuela, Bolivarian Republic of?
- 1.3%, with Guinea ahead.
- How many years of comparable data are there for Guinea and Venezuela, Bolivarian Republic of?
- 17 years are reported by both, from 2003 to 2019.
- How do Guinea and Venezuela, Bolivarian Republic of rank globally for enforcing contracts: cost?
- Guinea ranks 32nd and Venezuela, Bolivarian Republic of ranks 34th 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.