Statizoid

Enforcing contracts: Cost in Barbados

Barbados: Enforcing contracts: Cost was 19.7% in 2019. ▬ Flat

Latest (2019)
19.7%
Change on year
unchanged
World rank
154th
of 188 countries
All-time high
19.7%
in 2011
All-time low
19.7%
in 2011
Years of data
9
2011–2019

Enforcing contracts: Cost in Barbados, 2011–2019

051015202011201520192011: 19.7 % of claim2012: 19.7 % of claim2013: 19.7 % of claim2014: 19.7 % of claim2015: 19.7 % of claim2016: 19.7 % of claim2017: 19.7 % of claim2018: 19.7 % of claim2019: 19.7 % of claim

Source: World Bank. Measured in % of claim.

Analysis

The most recent figure for enforcing contracts: cost in Barbados is 19.7%, measured in 2019. That is the highest value across all 9 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, enforcing contracts: cost in Barbados peaked at 19.7% in 2011 and was at its lowest, 19.7%, in 2011.

Barbados ranks 154th of 188 countries on this measure, in the bottom quarter.

Countries ranked near Barbados

  1. 151 Gambia 20.4% compare
  2. 152 Cape Verde 19.8% compare
  3. 152 Sudan 19.8% compare
  4. 155 Equatorial Guinea 19.5% compare
  5. 156 Poland 19.4% compare
  6. 157 Iran 19.3% compare

See the full ranking of 190 places →

More reference data data for Barbados

All data for Barbados →

Frequently asked questions

What is enforcing contracts: cost in Barbados?
Enforcing contracts: cost in Barbados was 19.7% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Barbados?
The highest recorded value was 19.7% in 2011.
What is the lowest enforcing contracts: cost recorded in Barbados?
The lowest recorded value was 19.7% in 2011.
How does Barbados rank for enforcing contracts: cost?
Barbados ranks 154th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Barbados?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Barbados 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 — 9 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.