Enforcing contracts: Cost in Romania

Romania: Enforcing contracts: Cost was 25.8% in 2019. ▲ Rising

Latest (2019)
25.8%
Change on year
unchanged
World rank
108th
of 188 countries
All-time high
25.8%
in 2009
All-time low
16.8%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Romania, 2003–2019

01020302003201120192003: 16.8 % of claim2004: 16.8 % of claim2005: 16.8 % of claim2006: 16.8 % of claim2007: 16.8 % of claim2008: 16.8 % of claim2009: 25.8 % of claim2010: 25.8 % of claim2011: 25.8 % of claim2012: 25.8 % of claim2013: 25.8 % of claim2014: 25.8 % of claim2015: 25.8 % of claim2016: 25.8 % of claim2017: 25.8 % of claim2018: 25.8 % of claim2019: 25.8 % of claim

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 108th of 188 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.1% 16.8% 25.8% 7
2010s 25.8% 25.8% 25.8% 10

Countries ranked near Romania

  1. 105 Guatemala 26.5% compare
  2. 105 Morocco 26.5% compare
  3. 107 Egypt 26.2% compare
  4. 108 Kiribati 25.8% compare
  5. 108 Singapore 25.8% compare
  6. 111 Montenegro 25.7% compare

See the full ranking of 190 places →

More reference data data for Romania

All data for Romania →

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 108th out of 188 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

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.