Statizoid

Enforcing contracts: Cost in Sierra Leone

Sierra Leone: Enforcing contracts: Cost was 39.5% in 2019. ◆ Volatile

Latest (2019)
39.5%
Change on year
unchanged
World rank
44th
of 188 countries
All-time high
149.5%
in 2003
All-time low
39.5%
in 2013
Years of data
17
2003–2019

Enforcing contracts: Cost in Sierra Leone, 2003–2019

50751001251502003201120192003: 149.5 % of claim2004: 149.5 % of claim2005: 149.5 % of claim2006: 149.5 % of claim2007: 149.5 % of claim2008: 149.5 % of claim2009: 149.5 % of claim2010: 149.5 % of claim2011: 149.5 % of claim2012: 149.5 % of claim2013: 39.5 % of claim2014: 39.5 % of claim2015: 39.5 % of claim2016: 39.5 % of claim2017: 39.5 % of claim2018: 39.5 % of claim2019: 39.5 % of claim

Source: World Bank. Measured in % of claim.

Analysis

Sierra Leone recorded 39.5% for enforcing contracts: cost in 2019. That is the lowest value across all 17 years on record.

That represents a change of down 73.6% over ten years.

Over the whole period, enforcing contracts: cost in Sierra Leone peaked at 149.5% in 2003 and was at its lowest, 39.5%, in 2013.

That places Sierra Leone 44th out of 188 countries with data for 2019, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 149.5% 149.5% 149.5% 7
2010s 72.5% 39.5% 149.5% 10

Countries ranked near Sierra Leone

  1. 41 Dominican Republic 40.9% compare
  2. 42 Botswana 39.8% compare
  3. 43 Serbia 39.6% compare
  4. 45 Nigeria 38.9% compare
  5. 46 Honduras 38.8% compare
  6. 47 Zambia 38.7% compare

See the full ranking of 190 places →

More reference data data for Sierra Leone

All data for Sierra Leone →

Frequently asked questions

What is enforcing contracts: cost in Sierra Leone?
Enforcing contracts: cost in Sierra Leone was 39.5% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Sierra Leone?
The highest recorded value was 149.5% in 2003.
What is the lowest enforcing contracts: cost recorded in Sierra Leone?
The lowest recorded value was 39.5% in 2013.
How does Sierra Leone rank for enforcing contracts: cost?
Sierra Leone ranks 44th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Sierra Leone?
Over the last ten years it is down 73.6%. The long-run trend across the full record is volatile.
Where does this Sierra Leone 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.