Namibia vs Palau: Enforcing contracts: Cost

Namibia
35.8%
in 2019
Palau
35.3%
in 2019
Namibia rank
57th
Palau rank
58th

Enforcing contracts: Cost over time

  • Namibia
  • Palau
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How they compare

Namibia currently reports 35.8% against 35.3% in Palau, a difference of 0.5%.

Across all 17 years both countries report, Namibia has been ahead every year.

Namibia ranks 57th and Palau ranks 58th of 188 countries.

Namibia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Namibia Palau Difference Ahead
2000s 35.8% 35.3% 0.5% Namibia
2010s 35.8% 35.3% 0.5% Namibia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher enforcing contracts: cost, Namibia or Palau?
Namibia, at 35.8% against 35.3% in Palau as of 2019.
What is the difference in enforcing contracts: cost between Namibia and Palau?
0.5%, with Namibia ahead.
How many years of comparable data are there for Namibia and Palau?
17 years are reported by both, from 2003 to 2019.
How do Namibia and Palau rank globally for enforcing contracts: cost?
Namibia ranks 57th and Palau ranks 58th of 188 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

Indicator
Enforcing contracts: Cost (% of claim)
Unit
% of claim
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

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.