Enforcing contracts: Cost in Belgium

Belgium: Enforcing contracts: Cost was 18.0% in 2019. ▬ Flat

Latest (2019)
18.0%
Change on year
unchanged
World rank
163rd
of 188 countries
All-time high
18.0%
in 2015
All-time low
17.7%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Belgium, 2003–2019

051015202003201120192003: 17.7 % of claim2004: 17.7 % of claim2005: 17.7 % of claim2006: 17.7 % of claim2007: 17.7 % of claim2008: 17.7 % of claim2009: 17.7 % of claim2010: 17.7 % of claim2011: 17.7 % of claim2012: 17.7 % of claim2013: 17.7 % of claim2014: 17.7 % of claim2015: 18 % of claim2016: 18 % of claim2017: 18 % of claim2018: 18 % of claim2019: 18 % of claim

Source: World Bank. Measured in % of claim.

Analysis

In 2019, enforcing contracts: cost in Belgium stood at 18.0%. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 1.7% over ten years.

Over the whole period, enforcing contracts: cost in Belgium peaked at 18.0% in 2015 and was at its lowest, 17.7%, in 2003.

Belgium ranks 163rd of 188 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.7% 17.7% 17.7% 7
2010s 17.9% 17.7% 18.0% 10

Countries ranked near Belgium

  1. 160 Azerbaijan 18.5% compare
  2. 160 Maldives 18.5% compare
  3. 162 Taiwan 18.3% compare
  4. 164 France 17.4% compare
  5. 165 Estonia 17.3% compare
  6. 166 Portugal 17.2% compare
  7. 166 Spain 17.2% compare

See the full ranking of 190 places →

More reference data data for Belgium

All data for Belgium →

Frequently asked questions

What is enforcing contracts: cost in Belgium?
Enforcing contracts: cost in Belgium was 18.0% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Belgium?
The highest recorded value was 18.0% in 2015.
What is the lowest enforcing contracts: cost recorded in Belgium?
The lowest recorded value was 17.7% in 2003.
How does Belgium rank for enforcing contracts: cost?
Belgium ranks 163rd out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Belgium?
Over the last ten years it is up 1.7%. The long-run trend across the full record is flat.
Where does this Belgium 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.