Statizoid

Enforcing contracts: Cost in Australia

Australia: Enforcing contracts: Cost was 23.2% in 2019. ▲ Rising

Latest (2019)
23.2%
Change on year
unchanged
World rank
128th
of 188 countries
All-time high
23.2%
in 2011
All-time low
22.1%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Australia, 2003–2019

05101520252003201120192003: 22.1 % of claim2004: 22.1 % of claim2005: 22.1 % of claim2006: 22.1 % of claim2007: 22.1 % of claim2008: 22.1 % of claim2009: 22.1 % of claim2010: 22.1 % of claim2011: 23.2 % of claim2012: 23.2 % of claim2013: 23.2 % of claim2014: 23.2 % of claim2015: 23.2 % of claim2016: 23.2 % of claim2017: 23.2 % of claim2018: 23.2 % of claim2019: 23.2 % of claim

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 128th of 188 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.1% 22.1% 22.1% 7
2010s 23.1% 22.1% 23.2% 10

Countries ranked near Australia

  1. 125 Japan 23.4% compare
  2. 125 Belarus 23.4% compare
  3. 127 Denmark 23.3% compare
  4. 128 Mauritania 23.2% compare
  5. 128 Uruguay 23.2% compare
  6. 131 Bhutan 23.1% compare
  7. 131 Latvia 23.1% compare

See the full ranking of 190 places →

More reference data data for Australia

All data for Australia →

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 128th out of 188 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

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.