Enforcing contracts: Cost in Romania
Romania: Enforcing contracts: Cost was 25.8% in 2019. ▲ Rising
Enforcing contracts: Cost in Romania, 2003–2019
Source: World Bank. Measured in % of claim.
Analysis
Romania recorded 25.8% for enforcing contracts: cost in 2019. That is the highest value across all 17 years on record.
The figure is unchanged over ten years.
Over the whole period, enforcing contracts: cost in Romania peaked at 25.8% in 2009 and was at its lowest, 16.8%, in 2003.
Romania ranks 111th of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Enforcing contracts: Cost in Romania, year by year
| Year | % of claim | Change |
|---|---|---|
| 2003 | 16.8% | — |
| 2004 | 16.8% | +0.0% |
| 2005 | 16.8% | +0.0% |
| 2006 | 16.8% | +0.0% |
| 2007 | 16.8% | +0.0% |
| 2008 | 16.8% | +0.0% |
| 2009 | 25.8% | +53.6% |
| 2010 | 25.8% | +0.0% |
| 2011 | 25.8% | +0.0% |
| 2012 | 25.8% | +0.0% |
| 2013 | 25.8% | +0.0% |
| 2014 | 25.8% | +0.0% |
| 2015 | 25.8% | +0.0% |
| 2016 | 25.8% | +0.0% |
| 2017 | 25.8% | +0.0% |
| 2018 | 25.8% | +0.0% |
| 2019 | 25.8% | +0.0% |
Romania compared with similar countries
- Romania's 25.8% is above the median for high income countries, which is 22.8%, 1.1× the median. (62 countries reporting)
- Romania's 25.8% is above the median for Europe & Central Asia, which is 22.4%, 1.2× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.1% | 16.8% | 25.8% | 7 |
| 2010s | 25.8% | 25.8% | 25.8% | 10 |
Countries ranked near Romania
More reference data data for Romania
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.5 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.03 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.59 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.689 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.59 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.04 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.02 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.93 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 21.54 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 3.75 (2050)
Frequently asked questions
- What is enforcing contracts: cost in Romania?
- Enforcing contracts: cost in Romania was 25.8% in 2019, according to the World Bank.
- What is the highest enforcing contracts: cost recorded in Romania?
- The highest recorded value was 25.8% in 2009.
- What is the lowest enforcing contracts: cost recorded in Romania?
- The lowest recorded value was 16.8% in 2003.
- How does Romania rank for enforcing contracts: cost?
- Romania ranks 111th out of 191 countries with data for 2019.
- Is enforcing contracts: cost rising or falling in Romania?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Romania 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.