Enforcing contracts: Cost in Georgia
Georgia: Enforcing contracts: Cost was 25.0% in 2019. ▼ Falling
Enforcing contracts: Cost in Georgia, 2003–2019
Source: World Bank. Measured in % of claim.
Analysis
In 2019, enforcing contracts: cost in Georgia stood at 25.0%. That is the lowest value across all 17 years on record.
The figure is unchanged over ten years.
Over the whole period, enforcing contracts: cost in Georgia peaked at 41.2% in 2003 and was at its lowest, 25.0%, in 2009.
That places Georgia 118th out of 191 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Enforcing contracts: Cost in Georgia, year by year
| Year | % of claim | Change |
|---|---|---|
| 2003 | 41.2% | — |
| 2004 | 41.2% | +0.0% |
| 2005 | 41.2% | +0.0% |
| 2006 | 29.9% | -27.4% |
| 2007 | 29.9% | +0.0% |
| 2008 | 29.9% | +0.0% |
| 2009 | 25.0% | -16.4% |
| 2010 | 25.0% | +0.0% |
| 2011 | 25.0% | +0.0% |
| 2012 | 25.0% | +0.0% |
| 2013 | 25.0% | +0.0% |
| 2014 | 25.0% | +0.0% |
| 2015 | 25.0% | +0.0% |
| 2016 | 25.0% | +0.0% |
| 2017 | 25.0% | +0.0% |
| 2018 | 25.0% | +0.0% |
| 2019 | 25.0% | +0.0% |
Georgia compared with similar countries
- Georgia's 25.0% is below the median for upper middle income countries, which is 28.8%, 87% of the median. (56 countries reporting)
- Georgia's 25.0% is above the median for Europe & Central Asia, which is 22.4%, 1.1× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.0% | 25.0% | 41.2% | 7 |
| 2010s | 25.0% | 25.0% | 25.0% | 10 |
Countries ranked near Georgia
More reference data data for Georgia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.097 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.684 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0278 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.01 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3252 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2904 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.69 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.28 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1515 (2050)
Frequently asked questions
- What is enforcing contracts: cost in Georgia?
- Enforcing contracts: cost in Georgia was 25.0% in 2019, according to the World Bank.
- What is the highest enforcing contracts: cost recorded in Georgia?
- The highest recorded value was 41.2% in 2003.
- What is the lowest enforcing contracts: cost recorded in Georgia?
- The lowest recorded value was 25.0% in 2009.
- How does Georgia rank for enforcing contracts: cost?
- Georgia ranks 118th out of 191 countries with data for 2019.
- Is enforcing contracts: cost rising or falling in Georgia?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Georgia 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.