Enforcing contracts: Cost in Ecuador

Ecuador: Enforcing contracts: Cost was 27.2% in 2019. ▬ Flat

Latest (2019)
27.2%
Change on year
unchanged
World rank
96th
of 188 countries
All-time high
27.2%
in 2003
All-time low
27.2%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Ecuador, 2003–2019

01020302003201120192003: 27.2 % of claim2004: 27.2 % of claim2005: 27.2 % of claim2006: 27.2 % of claim2007: 27.2 % of claim2008: 27.2 % of claim2009: 27.2 % of claim2010: 27.2 % of claim2011: 27.2 % of claim2012: 27.2 % of claim2013: 27.2 % of claim2014: 27.2 % of claim2015: 27.2 % of claim2016: 27.2 % of claim2017: 27.2 % of claim2018: 27.2 % of claim2019: 27.2 % of claim

Source: World Bank. Measured in % of claim.

Analysis

The most recent figure for enforcing contracts: cost in Ecuador is 27.2%, measured in 2019. That is the highest value across all 17 years on record.

That represents a change of unchanged over ten years.

Over the whole period, enforcing contracts: cost in Ecuador peaked at 27.2% in 2003 and was at its lowest, 27.2%, in 2003.

Ecuador ranks 96th of 188 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 27.2% 27.2% 27.2% 7
2010s 27.2% 27.2% 27.2% 10

Countries ranked near Ecuador

  1. 93 Belize 27.5% compare
  2. 93 Saudi Arabia 27.5% compare
  3. 95 Nepal 27.3% compare
  4. 96 New Zealand 27.2% compare
  5. 98 Antigua and Barbuda 27.1% compare
  6. 99 Guyana 27.0% compare
  7. 99 Libya 27.0% compare
  8. 99 West Bank and Gaza 27.0% compare

See the full ranking of 190 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is enforcing contracts: cost in Ecuador?
Enforcing contracts: cost in Ecuador was 27.2% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Ecuador?
The highest recorded value was 27.2% in 2003.
What is the lowest enforcing contracts: cost recorded in Ecuador?
The lowest recorded value was 27.2% in 2003.
How does Ecuador rank for enforcing contracts: cost?
Ecuador ranks 96th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Ecuador?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Ecuador 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.