Enforcing contracts: Cost in Australia
Australia: Enforcing contracts: Cost was 23.2% in 2019. ▲ Rising
Enforcing contracts: Cost in Australia, 2003–2019
Source: World Bank. Measured in % of claim.
Analysis
In 2019, enforcing contracts: cost in Australia stood at 23.2%. That is the highest value across all 17 years on record.
The figure is up 5.0% over ten years.
Over the whole period, enforcing contracts: cost in Australia peaked at 23.2% in 2011 and was at its lowest, 22.1%, in 2003.
Australia ranks 131st of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Enforcing contracts: Cost in Australia, year by year
| Year | % of claim | Change |
|---|---|---|
| 2003 | 22.1% | — |
| 2004 | 22.1% | +0.0% |
| 2005 | 22.1% | +0.0% |
| 2006 | 22.1% | +0.0% |
| 2007 | 22.1% | +0.0% |
| 2008 | 22.1% | +0.0% |
| 2009 | 22.1% | +0.0% |
| 2010 | 22.1% | +0.0% |
| 2011 | 23.2% | +5.0% |
| 2012 | 23.2% | +0.0% |
| 2013 | 23.2% | +0.0% |
| 2014 | 23.2% | +0.0% |
| 2015 | 23.2% | +0.0% |
| 2016 | 23.2% | +0.0% |
| 2017 | 23.2% | +0.0% |
| 2018 | 23.2% | +0.0% |
| 2019 | 23.2% | +0.0% |
Australia compared with similar countries
- Australia's 23.2% is above the median for high income countries, which is 22.8%, 1.0× the median. (62 countries reporting)
- Australia's 23.2% is below the median for East Asia & Pacific, which is 31.3%, 74% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.1% | 22.1% | 22.1% | 7 |
| 2010s | 23.1% | 22.1% | 23.2% | 10 |
Countries ranked near Australia
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is enforcing contracts: cost in Australia?
- Enforcing contracts: cost in Australia was 23.2% in 2019, according to the World Bank.
- What is the highest enforcing contracts: cost recorded in Australia?
- The highest recorded value was 23.2% in 2011.
- What is the lowest enforcing contracts: cost recorded in Australia?
- The lowest recorded value was 22.1% in 2003.
- How does Australia rank for enforcing contracts: cost?
- Australia ranks 131st out of 191 countries with data for 2019.
- Is enforcing contracts: cost rising or falling in Australia?
- Over the last ten years it is up 5.0%. The long-run trend across the full record is rising.
- Where does this Australia 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.
Download this data
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.