Enforcing contracts: Cost in Lithuania

Lithuania: Enforcing contracts: Cost was 23.6% in 2019. ▬ Flat

Latest (2019)
23.6%
Change on year
unchanged
World rank
123rd
of 188 countries
All-time high
23.6%
in 2003
All-time low
23.6%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Lithuania, 2003–2019

05101520252003201120192003: 23.6 % of claim2004: 23.6 % of claim2005: 23.6 % of claim2006: 23.6 % of claim2007: 23.6 % of claim2008: 23.6 % of claim2009: 23.6 % of claim2010: 23.6 % of claim2011: 23.6 % of claim2012: 23.6 % of claim2013: 23.6 % of claim2014: 23.6 % of claim2015: 23.6 % of claim2016: 23.6 % of claim2017: 23.6 % of claim2018: 23.6 % of claim2019: 23.6 % of claim

Source: World Bank. Measured in % of claim.

Analysis

Lithuania recorded 23.6% for enforcing contracts: cost in 2019. That is the highest value across all 17 years on record.

That represents a change of unchanged over ten years.

Over the whole period, enforcing contracts: cost in Lithuania peaked at 23.6% in 2003 and was at its lowest, 23.6%, in 2003.

Lithuania ranks 123rd of 188 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 23.6% 23.6% 23.6% 7
2010s 23.6% 23.6% 23.6% 10

Countries ranked near Lithuania

  1. 120 Costa Rica 24.3% compare
  2. 121 Switzerland 24.0% compare
  3. 122 Netherlands 23.9% compare
  4. 123 Hong Kong 23.6% compare
  5. 125 Japan 23.4% compare
  6. 125 Belarus 23.4% compare

See the full ranking of 190 places →

More reference data data for Lithuania

All data for Lithuania →

Frequently asked questions

What is enforcing contracts: cost in Lithuania?
Enforcing contracts: cost in Lithuania was 23.6% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Lithuania?
The highest recorded value was 23.6% in 2003.
What is the lowest enforcing contracts: cost recorded in Lithuania?
The lowest recorded value was 23.6% in 2003.
How does Lithuania rank for enforcing contracts: cost?
Lithuania ranks 123rd out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Lithuania?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Lithuania 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.