Iceland vs Luxembourg: Enforcing contracts: Cost
Iceland
9.0%
in 2019
Luxembourg
9.7%
in 2019
Iceland rank
190th
Luxembourg rank
189th
Enforcing contracts: Cost over time
- Iceland
- Luxembourg
How they compare
Luxembourg currently reports 9.7% against 9.0% in Iceland, a difference of 0.7%.
That makes Luxembourg's figure about 1.1 times Iceland's.
Across all 14 years both countries report, Luxembourg has been ahead every year.
Iceland ranks 190th and Luxembourg ranks 189th of 190 countries.
Luxembourg has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.8% | 9.0% | 1.3% | Luxembourg |
| 2010s | 9.0% | 9.7% | 0.7% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Iceland or Luxembourg?
- Luxembourg, at 9.7% against 9.0% in Iceland as of 2019.
- What is the difference in enforcing contracts: cost between Iceland and Luxembourg?
- 0.7%, with Luxembourg ahead.
- How many years of comparable data are there for Iceland and Luxembourg?
- 14 years are reported by both, from 2006 to 2019.
- How do Iceland and Luxembourg rank globally for enforcing contracts: cost?
- Iceland ranks 190th and Luxembourg ranks 189th 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.