Enforcing contracts: Cost in Libya

Libya: Enforcing contracts: Cost was 27.0% in 2019. ▬ Flat

Latest (2019)
27.0%
Change on year
unchanged
World rank
99th
of 188 countries
All-time high
27.0%
in 2012
All-time low
27.0%
in 2012
Years of data
8
2012–2019

Enforcing contracts: Cost in Libya, 2012–2019

01020302012201520192012: 27 % of claim2013: 27 % of claim2014: 27 % of claim2015: 27 % of claim2016: 27 % of claim2017: 27 % of claim2018: 27 % of claim2019: 27 % of claim

Source: World Bank. Measured in % of claim.

Analysis

Libya recorded 27.0% for enforcing contracts: cost in 2019. That is the highest value across all 8 years on record.

That represents a change of unchanged over ten years.

Libya ranks 99th of 188 countries on this measure, in the middle of the range.

Countries ranked near Libya

  1. 96 Ecuador 27.2% compare
  2. 96 New Zealand 27.2% compare
  3. 98 Antigua and Barbuda 27.1% compare
  4. 99 Guyana 27.0% compare
  5. 99 Palestine 27.0% compare
  6. 102 Ireland 26.9% compare

See the full ranking of 190 places →

More reference data data for Libya

All data for Libya →

Frequently asked questions

What is enforcing contracts: cost in Libya?
Enforcing contracts: cost in Libya was 27.0% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Libya?
The highest recorded value was 27.0% in 2012.
What is the lowest enforcing contracts: cost recorded in Libya?
The lowest recorded value was 27.0% in 2012.
How does Libya rank for enforcing contracts: cost?
Libya ranks 99th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Libya?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Libya 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 — 8 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.