Honduras vs Panama: Enforcing contracts: Cost
Honduras
38.8%
in 2019
Panama
38.0%
in 2019
Honduras rank
46th
Panama rank
48th
Enforcing contracts: Cost over time
- Honduras
- Panama
How they compare
Honduras currently reports 38.8% against 38.0% in Panama, a difference of 0.8%.
The two have swapped places 1 time across 17 shared years of data; in 2003 it was Panama ahead.
Honduras ranks 46th and Panama ranks 48th of 190 countries.
Across the 2 decades both report, Honduras averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Honduras | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 38.8% | 50.0% | 11.2% | Panama |
| 2010s | 38.8% | 38.0% | 0.8% | Honduras |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Honduras or Panama?
- Honduras, at 38.8% against 38.0% in Panama as of 2019.
- What is the difference in enforcing contracts: cost between Honduras and Panama?
- 0.8%, with Honduras ahead.
- How many years of comparable data are there for Honduras and Panama?
- 17 years are reported by both, from 2003 to 2019.
- How do Honduras and Panama rank globally for enforcing contracts: cost?
- Honduras ranks 46th and Panama ranks 48th 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.