Enforcing contracts: Cost in Finland
Finland: Enforcing contracts: Cost was 16.2% in 2019. ▲ Rising
Enforcing contracts: Cost in Finland, 2003–2019
Source: World Bank. Measured in % of claim.
Analysis
In 2019, enforcing contracts: cost in Finland stood at 16.2%. That is the highest value across all 17 years on record.
That represents a change of up 21.8% over ten years.
Over the whole period, enforcing contracts: cost in Finland peaked at 16.2% in 2011 and was at its lowest, 13.3%, in 2003.
Finland ranks 175th of 191 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Enforcing contracts: Cost in Finland, year by year
| Year | % of claim | Change |
|---|---|---|
| 2003 | 13.3% | — |
| 2004 | 13.3% | +0.0% |
| 2005 | 13.3% | +0.0% |
| 2006 | 13.3% | +0.0% |
| 2007 | 13.3% | +0.0% |
| 2008 | 13.3% | +0.0% |
| 2009 | 13.3% | +0.0% |
| 2010 | 13.3% | +0.0% |
| 2011 | 16.2% | +21.8% |
| 2012 | 16.2% | +0.0% |
| 2013 | 16.2% | +0.0% |
| 2014 | 16.2% | +0.0% |
| 2015 | 16.2% | +0.0% |
| 2016 | 16.2% | +0.0% |
| 2017 | 16.2% | +0.0% |
| 2018 | 16.2% | +0.0% |
| 2019 | 16.2% | +0.0% |
Finland compared with similar countries
- Finland's 16.2% is below the median for high income countries, which is 22.8%, 71% of the median. (62 countries reporting)
- Finland's 16.2% is below the median for Europe & Central Asia, which is 22.4%, 72% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.3% | 13.3% | 13.3% | 7 |
| 2010s | 15.9% | 13.3% | 16.2% | 10 |
Countries ranked near Finland
More reference data data for Finland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2998 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1241 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.5 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1748 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.5 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.01 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.6733 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.6503 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.94 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9518 (2050)
Frequently asked questions
- What is enforcing contracts: cost in Finland?
- Enforcing contracts: cost in Finland was 16.2% in 2019, according to the World Bank.
- What is the highest enforcing contracts: cost recorded in Finland?
- The highest recorded value was 16.2% in 2011.
- What is the lowest enforcing contracts: cost recorded in Finland?
- The lowest recorded value was 13.3% in 2003.
- How does Finland rank for enforcing contracts: cost?
- Finland ranks 175th out of 191 countries with data for 2019.
- Is enforcing contracts: cost rising or falling in Finland?
- Over the last ten years it is up 21.8%. The long-run trend across the full record is rising.
- Where does this Finland 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
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.