Enforcing contracts: Cost in Montenegro

Montenegro: Enforcing contracts: Cost was 25.7% in 2019. ▬ Flat

Latest (2019)
25.7%
Change on year
unchanged
World rank
111th
of 188 countries
All-time high
25.7%
in 2006
All-time low
25.7%
in 2006
Years of data
14
2006–2019

Enforcing contracts: Cost in Montenegro, 2006–2019

01020302006201220192006: 25.7 % of claim2007: 25.7 % of claim2008: 25.7 % of claim2009: 25.7 % of claim2010: 25.7 % of claim2011: 25.7 % of claim2012: 25.7 % of claim2013: 25.7 % of claim2014: 25.7 % of claim2015: 25.7 % of claim2016: 25.7 % of claim2017: 25.7 % of claim2018: 25.7 % of claim2019: 25.7 % of claim

Source: World Bank. Measured in % of claim.

Analysis

In 2019, enforcing contracts: cost in Montenegro stood at 25.7%. That is the highest value across all 14 years on record.

That represents a change of unchanged over ten years.

Over the whole period, enforcing contracts: cost in Montenegro peaked at 25.7% in 2006 and was at its lowest, 25.7%, in 2006.

That places Montenegro 111th out of 188 countries with data for 2019, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 25.7% 25.7% 25.7% 4
2010s 25.7% 25.7% 25.7% 10

Countries ranked near Montenegro

  1. 108 Kiribati 25.8% compare
  2. 108 Romania 25.8% compare
  3. 108 Singapore 25.8% compare
  4. 112 Chile 25.6% compare
  5. 113 Tajikistan 25.5% compare
  6. 114 Israel 25.3% compare

See the full ranking of 190 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is enforcing contracts: cost in Montenegro?
Enforcing contracts: cost in Montenegro was 25.7% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Montenegro?
The highest recorded value was 25.7% in 2006.
What is the lowest enforcing contracts: cost recorded in Montenegro?
The lowest recorded value was 25.7% in 2006.
How does Montenegro rank for enforcing contracts: cost?
Montenegro ranks 111th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Montenegro?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Montenegro 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 — 14 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.