Enforcing contracts: Alternative dispute resolution (0-3) in Iceland

Iceland: Enforcing contracts: Alternative dispute resolution (0-3) was 2 DB16-20 methodology in 2019. ▬ Flat

Latest (2019)
2 DB16-20 methodology
Change on year
unchanged
World rank
117th
of 188 countries
All-time high
2 DB16-20 methodology
in 2015
All-time low
2 DB16-20 methodology
in 2015
Years of data
5
2015–2019

Enforcing contracts: Alternative dispute resolution (0-3) in Iceland, 2015–2019

00.511.522015201720192015: 2 DB16-20 methodology2016: 2 DB16-20 methodology2017: 2 DB16-20 methodology2018: 2 DB16-20 methodology2019: 2 DB16-20 methodology

Source: World Bank. Measured in DB16-20 methodology.

Analysis

Iceland recorded 2 DB16-20 methodology for enforcing contracts: alternative dispute resolution (0-3) in 2019. That is the highest value across all 5 years on record.

Compared with earlier readings it is unchanged over five years.

Iceland ranks 117th of 188 countries on this measure, in the middle of the range.

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  26. 117 Montenegro 2 DB16-20 methodology compare
  27. 117 Namibia 2 DB16-20 methodology compare
  28. 117 New Zealand 2 DB16-20 methodology compare
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  31. 117 Qatar 2 DB16-20 methodology compare
  32. 117 Saudi Arabia 2 DB16-20 methodology compare
  33. 117 Seychelles 2 DB16-20 methodology compare
  34. 117 Slovakia 2 DB16-20 methodology compare
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  36. 117 South Sudan 2 DB16-20 methodology compare
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  40. 117 Tajikistan 2 DB16-20 methodology compare
  41. 117 Tunisia 2 DB16-20 methodology compare
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  43. 117 United Kingdom 2 DB16-20 methodology compare
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See the full ranking of 190 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is enforcing contracts: alternative dispute resolution (0-3) in Iceland?
Enforcing contracts: alternative dispute resolution (0-3) in Iceland was 2 DB16-20 methodology in 2019, according to the World Bank.
What is the highest enforcing contracts: alternative dispute resolution (0-3) recorded in Iceland?
The highest recorded value was 2 DB16-20 methodology in 2015.
What is the lowest enforcing contracts: alternative dispute resolution (0-3) recorded in Iceland?
The lowest recorded value was 2 DB16-20 methodology in 2015.
How does Iceland rank for enforcing contracts: alternative dispute resolution (0-3)?
Iceland ranks 117th out of 188 countries with data for 2019.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of Enforcing contracts: Alternative dispute resolution (0-3) (DB16-20 methodology). Statizoid updates them automatically from the source API.

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About this data

Indicator
Enforcing contracts: Alternative dispute resolution (0-3) (DB16-20 methodology)
Unit
DB16-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 950 data points, 2015–2019
Last refreshed

The alternative dispute resolution evaluates two aspects: (i) whether domestic commercial arbitration is regulated by law, all disputes can be submitted to arbitration and valid arbitration clauses are usually enforced by courts; and (ii) whether voluntary mediation and/or conciliation are a recognized way of resolving commercial disputes, they are regulated by law and there are financial incentives for parties to attempt mediation of conciliation. The index is computed based on the methodology in the DB17-20 studies.