Enforcing contracts: Cost in Laos
Laos: Enforcing contracts: Cost was 31.6% in 2019. ▬ Flat
Enforcing contracts: Cost in Laos, 2003–2019
Source: World Bank. Measured in % of claim.
Analysis
The most recent figure for enforcing contracts: cost in Laos is 31.6%, measured 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 Laos peaked at 31.6% in 2003 and was at its lowest, 31.6%, in 2003.
That places Laos 71st out of 191 countries with data for 2019, putting it in the middle of the range.
Enforcing contracts: Cost in Laos, year by year
| Year | % of claim | Change |
|---|---|---|
| 2003 | 31.6% | — |
| 2004 | 31.6% | +0.0% |
| 2005 | 31.6% | +0.0% |
| 2006 | 31.6% | +0.0% |
| 2007 | 31.6% | +0.0% |
| 2008 | 31.6% | +0.0% |
| 2009 | 31.6% | +0.0% |
| 2010 | 31.6% | +0.0% |
| 2011 | 31.6% | +0.0% |
| 2012 | 31.6% | +0.0% |
| 2013 | 31.6% | +0.0% |
| 2014 | 31.6% | +0.0% |
| 2015 | 31.6% | +0.0% |
| 2016 | 31.6% | +0.0% |
| 2017 | 31.6% | +0.0% |
| 2018 | 31.6% | +0.0% |
| 2019 | 31.6% | +0.0% |
Laos compared with similar countries
- Laos's 31.6% is below the median for lower middle income countries, which is 38.8%, 81% of the median. (47 countries reporting)
- Laos's 31.6% is above the median for East Asia & Pacific, which is 31.3%, 1.0× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31.6% | 31.6% | 31.6% | 7 |
| 2010s | 31.6% | 31.6% | 31.6% | 10 |
Countries ranked near Laos
More reference data data for Laos
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.6615 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.913 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.88 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3021 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.88 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.22 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.96 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.07 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 12.95 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.64 (2050)
Frequently asked questions
- What is enforcing contracts: cost in Laos?
- Enforcing contracts: cost in Laos was 31.6% in 2019, according to the World Bank.
- What is the highest enforcing contracts: cost recorded in Laos?
- The highest recorded value was 31.6% in 2003.
- What is the lowest enforcing contracts: cost recorded in Laos?
- The lowest recorded value was 31.6% in 2003.
- How does Laos rank for enforcing contracts: cost?
- Laos ranks 71st out of 191 countries with data for 2019.
- Is enforcing contracts: cost rising or falling in Laos?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Laos 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.