Enforcing contracts: Cost in Mongolia
Mongolia: Enforcing contracts: Cost was 22.9% in 2019. ▼ Falling
Enforcing contracts: Cost in Mongolia, 2003–2019
Source: World Bank. Measured in % of claim.
Analysis
The most recent figure for enforcing contracts: cost in Mongolia is 22.9%, measured in 2019. That is the lowest value across all 17 years on record.
The figure is down 25.2% over ten years.
Over the whole period, enforcing contracts: cost in Mongolia peaked at 30.6% in 2003 and was at its lowest, 22.9%, in 2018.
That places Mongolia 137th out of 191 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.
Enforcing contracts: Cost in Mongolia, year by year
| Year | % of claim | Change |
|---|---|---|
| 2003 | 30.6% | — |
| 2004 | 30.6% | +0.0% |
| 2005 | 30.6% | +0.0% |
| 2006 | 30.6% | +0.0% |
| 2007 | 30.6% | +0.0% |
| 2008 | 30.6% | +0.0% |
| 2009 | 30.6% | +0.0% |
| 2010 | 30.6% | +0.0% |
| 2011 | 30.6% | +0.0% |
| 2012 | 30.6% | +0.0% |
| 2013 | 30.6% | +0.0% |
| 2014 | 30.6% | +0.0% |
| 2015 | 30.6% | +0.0% |
| 2016 | 30.6% | +0.0% |
| 2017 | 30.6% | +0.0% |
| 2018 | 22.9% | -25.2% |
| 2019 | 22.9% | +0.0% |
Mongolia compared with similar countries
- Mongolia's 22.9% is below the median for upper middle income countries, which is 28.8%, 80% of the median. (56 countries reporting)
- Mongolia's 22.9% is below the median for East Asia & Pacific, which is 31.3%, 73% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.6% | 30.6% | 30.6% | 7 |
| 2010s | 29.1% | 22.9% | 30.6% | 10 |
Countries ranked near Mongolia
More reference data data for Mongolia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.8173 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.37 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.25 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0069 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.25 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.74 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.16 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 12.74 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 18.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0378 (2050)
Frequently asked questions
- What is enforcing contracts: cost in Mongolia?
- Enforcing contracts: cost in Mongolia was 22.9% in 2019, according to the World Bank.
- What is the highest enforcing contracts: cost recorded in Mongolia?
- The highest recorded value was 30.6% in 2003.
- What is the lowest enforcing contracts: cost recorded in Mongolia?
- The lowest recorded value was 22.9% in 2018.
- How does Mongolia rank for enforcing contracts: cost?
- Mongolia ranks 137th out of 191 countries with data for 2019.
- Is enforcing contracts: cost rising or falling in Mongolia?
- Over the last ten years it is down 25.2%. The long-run trend across the full record is falling.
- Where does this Mongolia 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
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.