Liberia vs Palau: Enforcing contracts: Cost
Liberia
35.0%
in 2019
Palau
35.3%
in 2019
Liberia rank
59th
Palau rank
58th
Enforcing contracts: Cost over time
- Liberia
- Palau
How they compare
Palau currently reports 35.3% against 35.0% in Liberia, a difference of 0.3%.
Across all 14 years both countries report, Palau has been ahead every year.
Liberia ranks 59th and Palau ranks 58th of 190 countries.
Palau has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Liberia | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 35.0% | 35.3% | 0.3% | Palau |
| 2010s | 35.0% | 35.3% | 0.3% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Liberia or Palau?
- Palau, at 35.3% against 35.0% in Liberia as of 2019.
- What is the difference in enforcing contracts: cost between Liberia and Palau?
- 0.3%, with Palau ahead.
- How many years of comparable data are there for Liberia and Palau?
- 14 years are reported by both, from 2006 to 2019.
- How do Liberia and Palau rank globally for enforcing contracts: cost?
- Liberia ranks 59th and Palau ranks 58th 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.