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Enforcing contracts: Cost in Namibia

Namibia: Enforcing contracts: Cost was 35.8% in 2019. ▬ Flat

Latest (2019)
35.8%
Change on year
unchanged
World rank
57th
of 188 countries
All-time high
35.8%
in 2003
All-time low
35.8%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Namibia, 2003–2019

0102030402003201120192003: 35.8 % of claim2004: 35.8 % of claim2005: 35.8 % of claim2006: 35.8 % of claim2007: 35.8 % of claim2008: 35.8 % of claim2009: 35.8 % of claim2010: 35.8 % of claim2011: 35.8 % of claim2012: 35.8 % of claim2013: 35.8 % of claim2014: 35.8 % of claim2015: 35.8 % of claim2016: 35.8 % of claim2017: 35.8 % of claim2018: 35.8 % of claim2019: 35.8 % of claim

Source: World Bank. Measured in % of claim.

Analysis

Namibia recorded 35.8% for enforcing contracts: cost in 2019. That is the highest value across all 17 years on record.

That represents a change of unchanged over ten years.

Over the whole period, enforcing contracts: cost in Namibia peaked at 35.8% in 2003 and was at its lowest, 35.8%, in 2003.

Namibia ranks 57th of 188 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 35.8% 35.8% 35.8% 7
2010s 35.8% 35.8% 35.8% 10

Countries ranked near Namibia

  1. 54 Burundi 36.1% compare
  2. 55 Bosnia and Herzegovina 36.0% compare
  3. 55 Dominica 36.0% compare
  4. 58 Palau 35.3% compare
  5. 59 Liberia 35.0% compare
  6. 60 Gabon 34.3% compare

See the full ranking of 190 places →

More reference data data for Namibia

All data for Namibia →

Frequently asked questions

What is enforcing contracts: cost in Namibia?
Enforcing contracts: cost in Namibia was 35.8% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Namibia?
The highest recorded value was 35.8% in 2003.
What is the lowest enforcing contracts: cost recorded in Namibia?
The lowest recorded value was 35.8% in 2003.
How does Namibia rank for enforcing contracts: cost?
Namibia ranks 57th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Namibia?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Namibia 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.