Statizoid

Enforcing contracts: Cost in Madagascar

Madagascar: Enforcing contracts: Cost was 33.6% in 2019. ▼ Falling

Latest (2019)
33.6%
Change on year
unchanged
World rank
62nd
of 188 countries
All-time high
42.4%
in 2003
All-time low
33.6%
in 2014
Years of data
17
2003–2019

Enforcing contracts: Cost in Madagascar, 2003–2019

0102030402003201120192003: 42.4 % of claim2004: 42.4 % of claim2005: 42.4 % of claim2006: 42.4 % of claim2007: 42.4 % of claim2008: 42.4 % of claim2009: 42.4 % of claim2010: 42.4 % of claim2011: 42.4 % of claim2012: 42.4 % of claim2013: 42.4 % of claim2014: 33.6 % of claim2015: 33.6 % of claim2016: 33.6 % of claim2017: 33.6 % of claim2018: 33.6 % of claim2019: 33.6 % of claim

Source: World Bank. Measured in % of claim.

Analysis

In 2019, enforcing contracts: cost in Madagascar stood at 33.6%. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 20.8% over ten years.

Over the whole period, enforcing contracts: cost in Madagascar peaked at 42.4% in 2003 and was at its lowest, 33.6%, in 2014.

That places Madagascar 62nd out of 188 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 42.4% 42.4% 42.4% 7
2010s 37.1% 33.6% 42.4% 10

Countries ranked near Madagascar

  1. 59 Liberia 35.0% compare
  2. 60 Gabon 34.3% compare
  3. 61 Czechia 33.8% compare
  4. 63 Trinidad and Tobago 33.5% compare
  5. 64 South Africa 33.2% compare
  6. 65 Mexico 33.0% compare

See the full ranking of 190 places →

More reference data data for Madagascar

All data for Madagascar →

Frequently asked questions

What is enforcing contracts: cost in Madagascar?
Enforcing contracts: cost in Madagascar was 33.6% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Madagascar?
The highest recorded value was 42.4% in 2003.
What is the lowest enforcing contracts: cost recorded in Madagascar?
The lowest recorded value was 33.6% in 2014.
How does Madagascar rank for enforcing contracts: cost?
Madagascar ranks 62nd out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Madagascar?
Over the last ten years it is down 20.8%. The long-run trend across the full record is falling.
Where does this Madagascar 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.