Enforcing contracts: Cost in Iceland
Iceland: Enforcing contracts: Cost was 9.0% in 2019. ▲ Rising
Enforcing contracts: Cost in Iceland, 2004–2019
Source: World Bank. Measured in % of claim.
Analysis
In 2019, enforcing contracts: cost in Iceland stood at 9.0%. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 15.4% over ten years.
Over the whole period, enforcing contracts: cost in Iceland peaked at 9.0% in 2010 and was at its lowest, 7.7%, in 2004.
Iceland ranks 188th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.7% | 7.7% | 7.8% | 6 |
| 2010s | 9.0% | 9.0% | 9.0% | 10 |
Countries ranked near Iceland
- 186 Norway 9.9% compare
- 187 Luxembourg 9.7% compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is enforcing contracts: cost in Iceland?
- Enforcing contracts: cost in Iceland was 9.0% in 2019, according to the World Bank.
- What is the highest enforcing contracts: cost recorded in Iceland?
- The highest recorded value was 9.0% in 2010.
- What is the lowest enforcing contracts: cost recorded in Iceland?
- The lowest recorded value was 7.7% in 2004.
- How does Iceland rank for enforcing contracts: cost?
- Iceland ranks 188th out of 188 countries with data for 2019.
- Is enforcing contracts: cost rising or falling in Iceland?
- Over the last ten years it is up 15.4%. The long-run trend across the full record is rising.
- Where does this Iceland 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 — 16 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.