Enforcing contracts: Cost in Iran

Iran: Enforcing contracts: Cost was 19.3% in 2019. ▲ Rising

Latest (2019)
19.3%
Change on year
unchanged
World rank
157th
of 188 countries
All-time high
19.3%
in 2016
All-time low
17.0%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Iran, 2003–2019

051015202003201120192003: 17 % of claim2004: 17 % of claim2005: 17 % of claim2006: 17 % of claim2007: 17 % of claim2008: 17 % of claim2009: 17 % of claim2010: 17 % of claim2011: 17 % of claim2012: 17 % of claim2013: 17 % of claim2014: 17 % of claim2015: 17 % of claim2016: 19.3 % of claim2017: 19.3 % of claim2018: 19.3 % of claim2019: 19.3 % of claim

Source: World Bank. Measured in % of claim.

Analysis

The most recent figure for enforcing contracts: cost in Iran is 19.3%, measured in 2019. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 13.5% over ten years.

Over the whole period, enforcing contracts: cost in Iran peaked at 19.3% in 2016 and was at its lowest, 17.0%, in 2003.

Iran ranks 157th of 188 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.0% 17.0% 17.0% 7
2010s 17.9% 17.0% 19.3% 10

Countries ranked near Iran

  1. 154 Barbados 19.7% compare
  2. 155 Equatorial Guinea 19.5% compare
  3. 156 Poland 19.4% compare
  4. 158 Bulgaria 18.6% compare
  5. 158 Kuwait 18.6% compare
  6. 160 Azerbaijan 18.5% compare
  7. 160 Maldives 18.5% compare

See the full ranking of 190 places →

More reference data data for Iran

All data for Iran →

Frequently asked questions

What is enforcing contracts: cost in Iran?
Enforcing contracts: cost in Iran was 19.3% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Iran?
The highest recorded value was 19.3% in 2016.
What is the lowest enforcing contracts: cost recorded in Iran?
The lowest recorded value was 17.0% in 2003.
How does Iran rank for enforcing contracts: cost?
Iran ranks 157th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Iran?
Over the last ten years it is up 13.5%. The long-run trend across the full record is rising.
Where does this Iran 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.