Mongolia vs Sri Lanka: Enforcing contracts: Cost
Mongolia
22.9%
in 2019
Sri Lanka
22.8%
in 2019
Mongolia rank
136th
Sri Lanka rank
137th
Enforcing contracts: Cost over time
- Mongolia
- Sri Lanka
How they compare
Mongolia currently reports 22.9% against 22.8% in Sri Lanka, a difference of 0.1%.
Across all 17 years both countries report, Mongolia has been ahead every year.
Mongolia ranks 136th and Sri Lanka ranks 137th of 190 countries.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Mongolia | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 30.6% | 22.8% | 7.8% | Mongolia |
| 2010s | 29.1% | 22.8% | 6.3% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Mongolia or Sri Lanka?
- Mongolia, at 22.9% against 22.8% in Sri Lanka as of 2019.
- What is the difference in enforcing contracts: cost between Mongolia and Sri Lanka?
- 0.1%, with Mongolia ahead.
- How many years of comparable data are there for Mongolia and Sri Lanka?
- 17 years are reported by both, from 2003 to 2019.
- How do Mongolia and Sri Lanka rank globally for enforcing contracts: cost?
- Mongolia ranks 136th and Sri Lanka ranks 137th 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.