Enforcing contracts: Cost in Honduras

Honduras: Enforcing contracts: Cost was 38.8% in 2019. ▬ Flat

Latest (2019)
38.8%
Change on year
unchanged
World rank
46th
of 188 countries
All-time high
38.8%
in 2003
All-time low
38.8%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Honduras, 2003–2019

0102030402003201120192003: 38.8 % of claim2004: 38.8 % of claim2005: 38.8 % of claim2006: 38.8 % of claim2007: 38.8 % of claim2008: 38.8 % of claim2009: 38.8 % of claim2010: 38.8 % of claim2011: 38.8 % of claim2012: 38.8 % of claim2013: 38.8 % of claim2014: 38.8 % of claim2015: 38.8 % of claim2016: 38.8 % of claim2017: 38.8 % of claim2018: 38.8 % of claim2019: 38.8 % of claim

Source: World Bank. Measured in % of claim.

Analysis

Honduras recorded 38.8% 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 Honduras peaked at 38.8% in 2003 and was at its lowest, 38.8%, in 2003.

Honduras ranks 46th of 188 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 38.8% 38.8% 38.8% 7
2010s 38.8% 38.8% 38.8% 10

Countries ranked near Honduras

  1. 43 Serbia 39.6% compare
  2. 44 Sierra Leone 39.5% compare
  3. 45 Nigeria 38.9% compare
  4. 47 Zambia 38.7% compare
  5. 48 Panama 38.0% compare
  6. 49 Malaysia 37.9% compare

See the full ranking of 190 places →

More reference data data for Honduras

All data for Honduras →

Frequently asked questions

What is enforcing contracts: cost in Honduras?
Enforcing contracts: cost in Honduras was 38.8% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Honduras?
The highest recorded value was 38.8% in 2003.
What is the lowest enforcing contracts: cost recorded in Honduras?
The lowest recorded value was 38.8% in 2003.
How does Honduras rank for enforcing contracts: cost?
Honduras ranks 46th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Honduras?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Honduras 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.