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Enforcing contracts: Cost in Guatemala

Guatemala: Enforcing contracts: Cost was 26.5% in 2019. ▬ Flat

Latest (2019)
26.5%
Change on year
unchanged
World rank
105th
of 188 countries
All-time high
26.5%
in 2003
All-time low
26.5%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Guatemala, 2003–2019

01020302003201120192003: 26.5 % of claim2004: 26.5 % of claim2005: 26.5 % of claim2006: 26.5 % of claim2007: 26.5 % of claim2008: 26.5 % of claim2009: 26.5 % of claim2010: 26.5 % of claim2011: 26.5 % of claim2012: 26.5 % of claim2013: 26.5 % of claim2014: 26.5 % of claim2015: 26.5 % of claim2016: 26.5 % of claim2017: 26.5 % of claim2018: 26.5 % of claim2019: 26.5 % of claim

Source: World Bank. Measured in % of claim.

Analysis

Guatemala recorded 26.5% for enforcing contracts: cost 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 Guatemala peaked at 26.5% in 2003 and was at its lowest, 26.5%, in 2003.

That places Guatemala 105th out of 188 countries with data for 2019, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 26.5% 26.5% 26.5% 7
2010s 26.5% 26.5% 26.5% 10

Countries ranked near Guatemala

  1. 102 Ireland 26.9% compare
  2. 103 Nicaragua 26.8% compare
  3. 104 Saint Kitts and Nevis 26.6% compare
  4. 105 Morocco 26.5% compare
  5. 107 Egypt 26.2% compare
  6. 108 Kiribati 25.8% compare
  7. 108 Romania 25.8% compare
  8. 108 Singapore 25.8% compare

See the full ranking of 190 places →

More reference data data for Guatemala

All data for Guatemala →

Frequently asked questions

What is enforcing contracts: cost in Guatemala?
Enforcing contracts: cost in Guatemala was 26.5% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Guatemala?
The highest recorded value was 26.5% in 2003.
What is the lowest enforcing contracts: cost recorded in Guatemala?
The lowest recorded value was 26.5% in 2003.
How does Guatemala rank for enforcing contracts: cost?
Guatemala ranks 105th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Guatemala?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Guatemala 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.