Korea vs Tanzania, United Republic of: Enforcing contracts: Cost
Enforcing contracts: Cost over time
- Korea
- Tanzania, United Republic of
How they compare
Tanzania, United Republic of currently reports 14.3% against 12.7% in Korea, a difference of 1.6%.
That makes Tanzania, United Republic of's figure about 1.1 times Korea's.
Across all 17 years both countries report, Tanzania, United Republic of has been ahead every year.
Korea ranks 186th and Tanzania, United Republic of ranks 184th of 190 countries.
Tanzania, United Republic of has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Korea | Tanzania, United Republic of | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 12.7% | 14.3% | 1.6% | Tanzania, United Republic of |
| 2010s | 12.7% | 14.3% | 1.6% | Tanzania, United Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Korea or Tanzania, United Republic of?
- Tanzania, United Republic of, at 14.3% against 12.7% in Korea as of 2019.
- What is the difference in enforcing contracts: cost between Korea and Tanzania, United Republic of?
- 1.6%, with Tanzania, United Republic of ahead.
- How many years of comparable data are there for Korea and Tanzania, United Republic of?
- 17 years are reported by both, from 2003 to 2019.
- How do Korea and Tanzania, United Republic of rank globally for enforcing contracts: cost?
- Korea ranks 186th and Tanzania, United Republic of ranks 184th 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.