Enforcing contracts: Cost in Cyprus

Cyprus: Enforcing contracts: Cost was 16.4% in 2019. ▬ Flat

Latest (2019)
16.4%
Change on year
unchanged
World rank
171st
of 188 countries
All-time high
16.4%
in 2008
All-time low
16.4%
in 2008
Years of data
12
2008–2019

Enforcing contracts: Cost in Cyprus, 2008–2019

0510152008201320192008: 16.4 % of claim2009: 16.4 % of claim2010: 16.4 % of claim2011: 16.4 % of claim2012: 16.4 % of claim2013: 16.4 % of claim2014: 16.4 % of claim2015: 16.4 % of claim2016: 16.4 % of claim2017: 16.4 % of claim2018: 16.4 % of claim2019: 16.4 % of claim

Source: World Bank. Measured in % of claim.

Analysis

The most recent figure for enforcing contracts: cost in Cyprus is 16.4%, measured in 2019. That is the highest value across all 12 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, enforcing contracts: cost in Cyprus peaked at 16.4% in 2008 and was at its lowest, 16.4%, in 2008.

Cyprus ranks 171st of 188 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.4% 16.4% 16.4% 2
2010s 16.4% 16.4% 16.4% 10

Countries ranked near Cyprus

  1. 168 Thailand 16.9% compare
  2. 169 Eritrea 16.6% compare
  3. 170 Russia 16.5% compare
  4. 172 China 16.2% compare
  5. 172 Finland 16.2% compare
  6. 174 Armenia 16.0% compare

See the full ranking of 190 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is enforcing contracts: cost in Cyprus?
Enforcing contracts: cost in Cyprus was 16.4% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Cyprus?
The highest recorded value was 16.4% in 2008.
What is the lowest enforcing contracts: cost recorded in Cyprus?
The lowest recorded value was 16.4% in 2008.
How does Cyprus rank for enforcing contracts: cost?
Cyprus ranks 171st out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Cyprus?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Cyprus 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 — 12 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.