Enforcing contracts: Cost in Lesotho

Lesotho: Enforcing contracts: Cost was 31.3% in 2019. ▬ Flat

Latest (2019)
31.3%
Change on year
unchanged
World rank
69th
of 188 countries
All-time high
31.3%
in 2003
All-time low
31.3%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Lesotho, 2003–2019

01020302003201120192003: 31.3 % of claim2004: 31.3 % of claim2005: 31.3 % of claim2006: 31.3 % of claim2007: 31.3 % of claim2008: 31.3 % of claim2009: 31.3 % of claim2010: 31.3 % of claim2011: 31.3 % of claim2012: 31.3 % of claim2013: 31.3 % of claim2014: 31.3 % of claim2015: 31.3 % of claim2016: 31.3 % of claim2017: 31.3 % of claim2018: 31.3 % of claim2019: 31.3 % of claim

Source: World Bank. Measured in % of claim.

Analysis

In 2019, enforcing contracts: cost in Lesotho stood at 31.3%. 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 Lesotho peaked at 31.3% in 2003 and was at its lowest, 31.3%, in 2003.

That places Lesotho 69th out of 188 countries with data for 2019, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 31.3% 31.3% 31.3% 7
2010s 31.3% 31.3% 31.3% 10

Countries ranked near Lesotho

  1. 66 Grenada 32.6% compare
  2. 67 Marshall Islands 32.1% compare
  3. 68 Laos 31.6% compare
  4. 69 Uganda 31.3% compare
  5. 71 Jordan 31.2% compare
  6. 72 India 31.0% compare
  7. 72 Philippines 31.0% compare

See the full ranking of 190 places →

More reference data data for Lesotho

All data for Lesotho →

Frequently asked questions

What is enforcing contracts: cost in Lesotho?
Enforcing contracts: cost in Lesotho was 31.3% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Lesotho?
The highest recorded value was 31.3% in 2003.
What is the lowest enforcing contracts: cost recorded in Lesotho?
The lowest recorded value was 31.3% in 2003.
How does Lesotho rank for enforcing contracts: cost?
Lesotho ranks 69th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Lesotho?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Lesotho 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.