Enforcing contracts: Cost in Malawi

Malawi: Enforcing contracts: Cost was 69.1% in 2019. ▼ Falling

Latest (2019)
69.1%
Change on year
unchanged
World rank
11th
of 188 countries
All-time high
142.4%
in 2003
All-time low
69.1%
in 2013
Years of data
17
2003–2019

Enforcing contracts: Cost in Malawi, 2003–2019

0501001502003201120192003: 142.4 % of claim2004: 142.4 % of claim2005: 142.4 % of claim2006: 142.4 % of claim2007: 142.4 % of claim2008: 142.4 % of claim2009: 142.4 % of claim2010: 94.1 % of claim2011: 94.1 % of claim2012: 94.1 % of claim2013: 69.1 % of claim2014: 69.1 % of claim2015: 69.1 % of claim2016: 69.1 % of claim2017: 69.1 % of claim2018: 69.1 % of claim2019: 69.1 % of claim

Source: World Bank. Measured in % of claim.

Analysis

The most recent figure for enforcing contracts: cost in Malawi is 69.1%, measured in 2019. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 51.5% over ten years.

Over the whole period, enforcing contracts: cost in Malawi peaked at 142.4% in 2003 and was at its lowest, 69.1%, in 2013.

Malawi ranks 11th of 188 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 142.4% 142.4% 142.4% 7
2010s 76.6% 69.1% 94.1% 10

Countries ranked near Malawi

  1. 8 Democratic Republic of Congo 80.6% compare
  2. 9 Solomon Islands 78.9% compare
  3. 10 Indonesia 70.3% compare
  4. 12 Bangladesh 66.8% compare
  5. 13 Micronesia (country) 66.0% compare
  6. 14 Benin 64.7% compare

See the full ranking of 190 places →

More reference data data for Malawi

All data for Malawi →

Frequently asked questions

What is enforcing contracts: cost in Malawi?
Enforcing contracts: cost in Malawi was 69.1% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Malawi?
The highest recorded value was 142.4% in 2003.
What is the lowest enforcing contracts: cost recorded in Malawi?
The lowest recorded value was 69.1% in 2013.
How does Malawi rank for enforcing contracts: cost?
Malawi ranks 11th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Malawi?
Over the last ten years it is down 51.5%. The long-run trend across the full record is falling.
Where does this Malawi 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.