Enforcing contracts: Cost in Luxembourg

Luxembourg: Enforcing contracts: Cost was 9.7% in 2019. ▲ Rising

Latest (2019)
9.7%
Change on year
unchanged
World rank
187th
of 188 countries
All-time high
9.7%
in 2009
All-time low
8.8%
in 2006
Years of data
14
2006–2019

Enforcing contracts: Cost in Luxembourg, 2006–2019

02468102006201220192006: 8.8 % of claim2007: 8.8 % of claim2008: 8.8 % of claim2009: 9.7 % of claim2010: 9.7 % of claim2011: 9.7 % of claim2012: 9.7 % of claim2013: 9.7 % of claim2014: 9.7 % of claim2015: 9.7 % of claim2016: 9.7 % of claim2017: 9.7 % of claim2018: 9.7 % of claim2019: 9.7 % of claim

Source: World Bank. Measured in % of claim.

Analysis

Luxembourg recorded 9.7% for enforcing contracts: cost in 2019. That is the highest value across all 14 years on record.

The figure is unchanged over ten years.

Over the whole period, enforcing contracts: cost in Luxembourg peaked at 9.7% in 2009 and was at its lowest, 8.8%, in 2006.

Luxembourg ranks 187th of 188 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.0% 8.8% 9.7% 4
2010s 9.7% 9.7% 9.7% 10

Countries ranked near Luxembourg

  1. 184 South Korea 12.7% compare
  2. 184 Slovenia 12.7% compare
  3. 186 Norway 9.9% compare
  4. 188 Iceland 9.0% compare

See the full ranking of 190 places →

More reference data data for Luxembourg

All data for Luxembourg →

Frequently asked questions

What is enforcing contracts: cost in Luxembourg?
Enforcing contracts: cost in Luxembourg was 9.7% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Luxembourg?
The highest recorded value was 9.7% in 2009.
What is the lowest enforcing contracts: cost recorded in Luxembourg?
The lowest recorded value was 8.8% in 2006.
How does Luxembourg rank for enforcing contracts: cost?
Luxembourg ranks 187th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Luxembourg?
Over the last ten years it is unchanged. The long-run trend across the full record is rising.
Where does this Luxembourg 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 — 14 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.