Iceland vs Norway: Enforcing contracts: Cost
Iceland
9.0%
in 2019
Norway
9.9%
in 2019
Iceland rank
190th
Norway rank
188th
Enforcing contracts: Cost over time
- Iceland
- Norway
How they compare
Norway currently reports 9.9% against 9.0% in Iceland, a difference of 0.9%.
That makes Norway's figure about 1.1 times Iceland's.
Across all 16 years both countries report, Norway has been ahead every year.
Iceland ranks 190th and Norway ranks 188th of 190 countries.
Norway has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Norway | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.7% | 9.9% | 2.2% | Norway |
| 2010s | 9.0% | 9.9% | 0.9% | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Iceland or Norway?
- Norway, at 9.9% against 9.0% in Iceland as of 2019.
- What is the difference in enforcing contracts: cost between Iceland and Norway?
- 0.9%, with Norway ahead.
- How many years of comparable data are there for Iceland and Norway?
- 16 years are reported by both, from 2004 to 2019.
- How do Iceland and Norway rank globally for enforcing contracts: cost?
- Iceland ranks 190th and Norway ranks 188th 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.