Latvia vs Mongolia: Enforcing contracts: Cost
Latvia
23.1%
in 2019
Mongolia
22.9%
in 2019
Latvia rank
133rd
Mongolia rank
136th
Enforcing contracts: Cost over time
- Latvia
- Mongolia
How they compare
Latvia currently reports 23.1% against 22.9% in Mongolia, a difference of 0.2%.
The two have swapped places 1 time across 17 shared years of data; in 2003 it was Mongolia ahead.
Latvia ranks 133rd and Mongolia ranks 136th of 190 countries.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 17.2% | 30.6% | 13.4% | Mongolia |
| 2010s | 23.1% | 29.1% | 6.0% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Latvia or Mongolia?
- Latvia, at 23.1% against 22.9% in Mongolia as of 2019.
- What is the difference in enforcing contracts: cost between Latvia and Mongolia?
- 0.2%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Mongolia?
- 17 years are reported by both, from 2003 to 2019.
- How do Latvia and Mongolia rank globally for enforcing contracts: cost?
- Latvia ranks 133rd and Mongolia ranks 136th 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.