Statizoid

Enforcing contracts: Cost in Solomon Islands

Solomon Islands: Enforcing contracts: Cost was 78.9% in 2019. ▬ Flat

Latest (2019)
78.9%
Change on year
unchanged
World rank
9th
of 188 countries
All-time high
78.9%
in 2003
All-time low
78.9%
in 2003
Years of data
17
2003–2019

Enforcing contracts: Cost in Solomon Islands, 2003–2019

0204060802003201120192003: 78.9 % of claim2004: 78.9 % of claim2005: 78.9 % of claim2006: 78.9 % of claim2007: 78.9 % of claim2008: 78.9 % of claim2009: 78.9 % of claim2010: 78.9 % of claim2011: 78.9 % of claim2012: 78.9 % of claim2013: 78.9 % of claim2014: 78.9 % of claim2015: 78.9 % of claim2016: 78.9 % of claim2017: 78.9 % of claim2018: 78.9 % of claim2019: 78.9 % of claim

Source: World Bank. Measured in % of claim.

Analysis

In 2019, enforcing contracts: cost in Solomon Islands stood at 78.9%. 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 Solomon Islands peaked at 78.9% in 2003 and was at its lowest, 78.9%, in 2003.

Solomon Islands ranks 9th of 188 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 78.9% 78.9% 78.9% 7
2010s 78.9% 78.9% 78.9% 10

Countries ranked near Solomon Islands

  1. 7 Burkina Faso 81.7% compare
  2. 8 Democratic Republic of Congo 80.6% compare
  3. 10 Indonesia 70.3% compare
  4. 11 Malawi 69.1% compare
  5. 12 Bangladesh 66.8% compare

See the full ranking of 190 places →

More reference data data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is enforcing contracts: cost in Solomon Islands?
Enforcing contracts: cost in Solomon Islands was 78.9% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Solomon Islands?
The highest recorded value was 78.9% in 2003.
What is the lowest enforcing contracts: cost recorded in Solomon Islands?
The lowest recorded value was 78.9% in 2003.
How does Solomon Islands rank for enforcing contracts: cost?
Solomon Islands ranks 9th out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Solomon Islands?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Solomon Islands 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.