Enforcing contracts: Cost in Equatorial Guinea
Equatorial Guinea: Enforcing contracts: Cost was 19.5% in 2019. ▲ Rising
Enforcing contracts: Cost in Equatorial Guinea, 2005–2019
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 158th of 191 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Enforcing contracts: Cost in Equatorial Guinea, year by year
| Year | % of claim | Change |
|---|---|---|
| 2005 | 18.5% | — |
| 2006 | 18.5% | +0.0% |
| 2007 | 18.5% | +0.0% |
| 2008 | 18.5% | +0.0% |
| 2009 | 18.5% | +0.0% |
| 2010 | 18.5% | +0.0% |
| 2011 | 18.5% | +0.0% |
| 2012 | 18.5% | +0.0% |
| 2013 | 19.5% | +5.4% |
| 2014 | 19.5% | +0.0% |
| 2015 | 19.5% | +0.0% |
| 2016 | 19.5% | +0.0% |
| 2017 | 19.5% | +0.0% |
| 2018 | 19.5% | +0.0% |
| 2019 | 19.5% | +0.0% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's 19.5% is below the median for upper middle income countries, which is 28.8%, 68% of the median. (56 countries reporting)
- Equatorial Guinea's 19.5% is below the median for Sub-Saharan Africa, which is 38.8%, 50% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.5% | 18.5% | 18.5% | 5 |
| 2010s | 19.2% | 18.5% | 19.5% | 10 |
Countries ranked near Equatorial Guinea
More reference data data for Equatorial Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0013 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.007 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0083 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0083 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0042 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0044 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0316 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0402 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.0358 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 1.11 (2050)
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 158th out of 191 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
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.