Statizoid

Enforcing contracts: Cost in Equatorial Guinea

Equatorial Guinea: Enforcing contracts: Cost was 19.5% in 2019. ▲ Rising

Latest (2019)
19.5%
Change on year
unchanged
World rank
155th
of 188 countries
All-time high
19.5%
in 2013
All-time low
18.5%
in 2005
Years of data
15
2005–2019

Enforcing contracts: Cost in Equatorial Guinea, 2005–2019

051015202005201220192005: 18.5 % of claim2006: 18.5 % of claim2007: 18.5 % of claim2008: 18.5 % of claim2009: 18.5 % of claim2010: 18.5 % of claim2011: 18.5 % of claim2012: 18.5 % of claim2013: 19.5 % of claim2014: 19.5 % of claim2015: 19.5 % of claim2016: 19.5 % of claim2017: 19.5 % of claim2018: 19.5 % of claim2019: 19.5 % of claim

Source: World Bank. Measured in % of claim.

Analysis

In 2019, enforcing contracts: cost in Equatorial Guinea stood at 19.5%. That is the highest value across all 15 years on record.

Compared with earlier readings it is up 5.4% over ten years.

Over the whole period, enforcing contracts: cost in Equatorial Guinea peaked at 19.5% in 2013 and was at its lowest, 18.5%, in 2005.

Equatorial Guinea ranks 155th of 188 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.5% 18.5% 18.5% 5
2010s 19.2% 18.5% 19.5% 10

Countries ranked near Equatorial Guinea

  1. 152 Cape Verde 19.8% compare
  2. 152 Sudan 19.8% compare
  3. 154 Barbados 19.7% compare
  4. 156 Poland 19.4% compare
  5. 157 Iran 19.3% compare
  6. 158 Bulgaria 18.6% compare
  7. 158 Kuwait 18.6% compare

See the full ranking of 190 places →

More reference data data for Equatorial Guinea

All data for Equatorial Guinea →

Frequently asked questions

What is enforcing contracts: cost in Equatorial Guinea?
Enforcing contracts: cost in Equatorial Guinea was 19.5% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Equatorial Guinea?
The highest recorded value was 19.5% in 2013.
What is the lowest enforcing contracts: cost recorded in Equatorial Guinea?
The lowest recorded value was 18.5% in 2005.
How does Equatorial Guinea rank for enforcing contracts: cost?
Equatorial Guinea ranks 155th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Equatorial Guinea?
Over the last ten years it is up 5.4%. The long-run trend across the full record is rising.
Where does this Equatorial Guinea 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 — 15 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.