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Enforcing contracts: Cost in Maldives

Maldives: Enforcing contracts: Cost was 18.5% in 2019. ▬ Flat

Latest (2019)
18.5%
Change on year
unchanged
World rank
160th
of 188 countries
All-time high
18.5%
in 2003
All-time low
18.5%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Maldives, 2003–2019

051015202003201120192003: 18.5 % of claim2004: 18.5 % of claim2005: 18.5 % of claim2006: 18.5 % of claim2007: 18.5 % of claim2008: 18.5 % of claim2009: 18.5 % of claim2010: 18.5 % of claim2011: 18.5 % of claim2012: 18.5 % of claim2013: 18.5 % of claim2014: 18.5 % of claim2015: 18.5 % of claim2016: 18.5 % of claim2017: 18.5 % of claim2018: 18.5 % of claim2019: 18.5 % of claim

Source: World Bank. Measured in % of claim.

Analysis

The most recent figure for enforcing contracts: cost in Maldives is 18.5%, measured in 2019. That is the highest value across all 17 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, enforcing contracts: cost in Maldives peaked at 18.5% in 2003 and was at its lowest, 18.5%, in 2003.

Maldives ranks 160th of 188 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.5% 18.5% 18.5% 7
2010s 18.5% 18.5% 18.5% 10

Countries ranked near Maldives

  1. 157 Iran 19.3% compare
  2. 158 Bulgaria 18.6% compare
  3. 158 Kuwait 18.6% compare
  4. 160 Azerbaijan 18.5% compare
  5. 162 Taiwan 18.3% compare
  6. 163 Belgium 18.0% compare

See the full ranking of 190 places →

More reference data data for Maldives

All data for Maldives →

Frequently asked questions

What is enforcing contracts: cost in Maldives?
Enforcing contracts: cost in Maldives was 18.5% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Maldives?
The highest recorded value was 18.5% in 2003.
What is the lowest enforcing contracts: cost recorded in Maldives?
The lowest recorded value was 18.5% in 2003.
How does Maldives rank for enforcing contracts: cost?
Maldives ranks 160th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Maldives?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Maldives 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.