Enforcing contracts: Cost in Nepal

Nepal: Enforcing contracts: Cost was 27.3% in 2019. ▬ Flat

Latest (2019)
27.3%
Change on year
up 1.9%
World rank
95th
of 188 countries
All-time high
27.3%
in 2019
All-time low
26.8%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Nepal, 2003–2019

01020302003201120192003: 26.8 % of claim2004: 26.8 % of claim2005: 26.8 % of claim2006: 26.8 % of claim2007: 26.8 % of claim2008: 26.8 % of claim2009: 26.8 % of claim2010: 26.8 % of claim2011: 26.8 % of claim2012: 26.8 % of claim2013: 26.8 % of claim2014: 26.8 % of claim2015: 26.8 % of claim2016: 26.8 % of claim2017: 26.8 % of claim2018: 26.8 % of claim2019: 27.3 % of claim

Source: World Bank. Measured in % of claim.

Analysis

Nepal recorded 27.3% for enforcing contracts: cost in 2019. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 1.9% on the previous year and up 1.9% over ten years.

Over the whole period, enforcing contracts: cost in Nepal peaked at 27.3% in 2019 and was at its lowest, 26.8%, in 2003.

Nepal ranks 95th of 188 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 26.8% 26.8% 26.8% 7
2010s 26.9% 26.8% 27.3% 10

Countries ranked near Nepal

  1. 92 Italy 27.6% compare
  2. 93 Belize 27.5% compare
  3. 93 Saudi Arabia 27.5% compare
  4. 96 Ecuador 27.2% compare
  5. 96 New Zealand 27.2% compare
  6. 98 Antigua and Barbuda 27.1% compare

See the full ranking of 190 places →

More reference data data for Nepal

All data for Nepal →

Frequently asked questions

What is enforcing contracts: cost in Nepal?
Enforcing contracts: cost in Nepal was 27.3% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Nepal?
The highest recorded value was 27.3% in 2019.
What is the lowest enforcing contracts: cost recorded in Nepal?
The lowest recorded value was 26.8% in 2003.
How does Nepal rank for enforcing contracts: cost?
Nepal ranks 95th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Nepal?
Over the last ten years it is up 1.9%. The long-run trend across the full record is flat.
Where does this Nepal 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.