Panama vs Saint Lucia: Enforcing contracts: Cost
Panama
38.0%
in 2019
Saint Lucia
37.3%
in 2019
Panama rank
48th
Saint Lucia rank
50th
Enforcing contracts: Cost over time
- Panama
- Saint Lucia
How they compare
Panama currently reports 38.0% against 37.3% in Saint Lucia, a difference of 0.7%.
Across all 15 years both countries report, Panama has been ahead every year.
Panama ranks 48th and Saint Lucia ranks 50th of 190 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Saint Lucia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 50.0% | 37.3% | 12.7% | Panama |
| 2010s | 38.0% | 37.3% | 0.7% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher enforcing contracts: cost, Panama or Saint Lucia?
- Panama, at 38.0% against 37.3% in Saint Lucia as of 2019.
- What is the difference in enforcing contracts: cost between Panama and Saint Lucia?
- 0.7%, with Panama ahead.
- How many years of comparable data are there for Panama and Saint Lucia?
- 15 years are reported by both, from 2005 to 2019.
- How do Panama and Saint Lucia rank globally for enforcing contracts: cost?
- Panama ranks 48th and Saint Lucia ranks 50th 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.