Enforcing contracts: Cost in Guinea
Guinea: Enforcing contracts: Cost was 45.0% in 2019. ▬ Flat
Enforcing contracts: Cost in Guinea, 2003–2019
Source: World Bank. Measured in % of claim.
Analysis
Guinea recorded 45.0% for enforcing contracts: cost in 2019. That is the highest value across all 17 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, enforcing contracts: cost in Guinea peaked at 45.0% in 2003 and was at its lowest, 45.0%, in 2003.
That places Guinea 32nd out of 191 countries with data for 2019, putting it in the top quarter.
Enforcing contracts: Cost in Guinea, year by year
| Year | % of claim | Change |
|---|---|---|
| 2003 | 45.0% | — |
| 2004 | 45.0% | +0.0% |
| 2005 | 45.0% | +0.0% |
| 2006 | 45.0% | +0.0% |
| 2007 | 45.0% | +0.0% |
| 2008 | 45.0% | +0.0% |
| 2009 | 45.0% | +0.0% |
| 2010 | 45.0% | +0.0% |
| 2011 | 45.0% | +0.0% |
| 2012 | 45.0% | +0.0% |
| 2013 | 45.0% | +0.0% |
| 2014 | 45.0% | +0.0% |
| 2015 | 45.0% | +0.0% |
| 2016 | 45.0% | +0.0% |
| 2017 | 45.0% | +0.0% |
| 2018 | 45.0% | +0.0% |
| 2019 | 45.0% | +0.0% |
Guinea compared with similar countries
- Guinea's 45.0% is above the median for lower middle income countries, which is 38.8%, 1.2× the median. (47 countries reporting)
- Guinea's 45.0% is above the median for Sub-Saharan Africa, which is 38.8%, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 45.0% | 45.0% | 45.0% | 7 |
| 2010s | 45.0% | 45.0% | 45.0% | 10 |
Countries ranked near Guinea
More reference data data for Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.111 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.56 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2883 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.05 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3722 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2242 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 13.37 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.57 (2050)
Frequently asked questions
- What is enforcing contracts: cost in Guinea?
- Enforcing contracts: cost in Guinea was 45.0% in 2019, according to the World Bank.
- What is the highest enforcing contracts: cost recorded in Guinea?
- The highest recorded value was 45.0% in 2003.
- What is the lowest enforcing contracts: cost recorded in Guinea?
- The lowest recorded value was 45.0% in 2003.
- How does Guinea rank for enforcing contracts: cost?
- Guinea ranks 32nd out of 191 countries with data for 2019.
- Is enforcing contracts: cost rising or falling in Guinea?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this 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 — 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.