Enforcing contracts: Cost in Armenia
Armenia: Enforcing contracts: Cost was 16.0% in 2019. ▼ Falling
Enforcing contracts: Cost in Armenia, 2003–2019
Source: World Bank. Measured in % of claim.
Analysis
In 2019, enforcing contracts: cost in Armenia stood at 16.0%. That is the lowest value across all 17 years on record.
The figure is down 23.8% over ten years.
Over the whole period, enforcing contracts: cost in Armenia peaked at 21.0% in 2003 and was at its lowest, 16.0%, in 2013.
That places Armenia 177th out of 191 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Enforcing contracts: Cost in Armenia, year by year
| Year | % of claim | Change |
|---|---|---|
| 2003 | 21.0% | — |
| 2004 | 21.0% | +0.0% |
| 2005 | 21.0% | +0.0% |
| 2006 | 21.0% | +0.0% |
| 2007 | 21.0% | +0.0% |
| 2008 | 21.0% | +0.0% |
| 2009 | 21.0% | +0.0% |
| 2010 | 21.0% | +0.0% |
| 2011 | 21.0% | +0.0% |
| 2012 | 21.0% | +0.0% |
| 2013 | 16.0% | -23.8% |
| 2014 | 16.0% | +0.0% |
| 2015 | 16.0% | +0.0% |
| 2016 | 16.0% | +0.0% |
| 2017 | 16.0% | +0.0% |
| 2018 | 16.0% | +0.0% |
| 2019 | 16.0% | +0.0% |
Armenia compared with similar countries
- Armenia's 16.0% is below the median for upper middle income countries, which is 28.8%, 56% of the median. (56 countries reporting)
- Armenia's 16.0% is below the median for Europe & Central Asia, which is 22.4%, 71% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.0% | 21.0% | 21.0% | 7 |
| 2010s | 17.5% | 16.0% | 21.0% | 10 |
Countries ranked near Armenia
More reference data data for Armenia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0385 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3778 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.7338 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.7338 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.129 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1012 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 2.01 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 3.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1265 (2050)
Frequently asked questions
- What is enforcing contracts: cost in Armenia?
- Enforcing contracts: cost in Armenia was 16.0% in 2019, according to the World Bank.
- What is the highest enforcing contracts: cost recorded in Armenia?
- The highest recorded value was 21.0% in 2003.
- What is the lowest enforcing contracts: cost recorded in Armenia?
- The lowest recorded value was 16.0% in 2013.
- How does Armenia rank for enforcing contracts: cost?
- Armenia ranks 177th out of 191 countries with data for 2019.
- Is enforcing contracts: cost rising or falling in Armenia?
- Over the last ten years it is down 23.8%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from the World Bank, published as part of Enforcing contracts: Cost (% of claim). Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.