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Enforcing contracts: Cost in Marshall Islands

Marshall Islands: Enforcing contracts: Cost was 32.1% in 2019. ▬ Flat

Latest (2019)
32.1%
Change on year
unchanged
World rank
67th
of 188 countries
All-time high
32.1%
in 2003
All-time low
32.1%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Marshall Islands, 2003–2019

01020302003201120192003: 32.1 % of claim2004: 32.1 % of claim2005: 32.1 % of claim2006: 32.1 % of claim2007: 32.1 % of claim2008: 32.1 % of claim2009: 32.1 % of claim2010: 32.1 % of claim2011: 32.1 % of claim2012: 32.1 % of claim2013: 32.1 % of claim2014: 32.1 % of claim2015: 32.1 % of claim2016: 32.1 % of claim2017: 32.1 % of claim2018: 32.1 % of claim2019: 32.1 % of claim

Source: World Bank. Measured in % of claim.

Analysis

The most recent figure for enforcing contracts: cost in Marshall Islands is 32.1%, 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 Marshall Islands peaked at 32.1% in 2003 and was at its lowest, 32.1%, in 2003.

Marshall Islands ranks 67th of 188 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 32.1% 32.1% 32.1% 7
2010s 32.1% 32.1% 32.1% 10

Countries ranked near Marshall Islands

  1. 65 Mexico 33.0% compare
  2. 66 Grenada 32.6% compare
  3. 68 Laos 31.6% compare
  4. 69 Lesotho 31.3% compare
  5. 69 Uganda 31.3% compare

See the full ranking of 190 places →

More reference data data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is enforcing contracts: cost in Marshall Islands?
Enforcing contracts: cost in Marshall Islands was 32.1% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Marshall Islands?
The highest recorded value was 32.1% in 2003.
What is the lowest enforcing contracts: cost recorded in Marshall Islands?
The lowest recorded value was 32.1% in 2003.
How does Marshall Islands rank for enforcing contracts: cost?
Marshall Islands ranks 67th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Marshall Islands?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Marshall Islands 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.