Statizoid

Enforcing contracts: Cost in Somalia

Somalia: Enforcing contracts: Cost was 21.4% in 2019. ▬ Flat

Latest (2019)
21.4%
Change on year
unchanged
World rank
145th
of 188 countries
All-time high
21.4%
in 2015
All-time low
21.4%
in 2015
Years of data
5
2015–2019

Enforcing contracts: Cost in Somalia, 2015–2019

051015202015201720192015: 21.4 % of claim2016: 21.4 % of claim2017: 21.4 % of claim2018: 21.4 % of claim2019: 21.4 % of claim

Source: World Bank. Measured in % of claim.

Analysis

In 2019, enforcing contracts: cost in Somalia stood at 21.4%. That is the highest value across all 5 years on record.

Compared with earlier readings it is unchanged over five years.

Somalia ranks 145th of 188 countries on this measure, in the bottom quarter.

Countries ranked near Somalia

  1. 143 Qatar 21.6% compare
  2. 144 Malta 21.5% compare
  3. 146 United Arab Emirates 21.0% compare
  4. 147 Austria 20.6% compare
  5. 148 Pakistan 20.5% compare
  6. 148 Slovakia 20.5% compare
  7. 148 Uzbekistan 20.5% compare

See the full ranking of 190 places →

More reference data data for Somalia

All data for Somalia →

Frequently asked questions

What is enforcing contracts: cost in Somalia?
Enforcing contracts: cost in Somalia was 21.4% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Somalia?
The highest recorded value was 21.4% in 2015.
What is the lowest enforcing contracts: cost recorded in Somalia?
The lowest recorded value was 21.4% in 2015.
How does Somalia rank for enforcing contracts: cost?
Somalia ranks 145th out of 188 countries with data for 2019.
Where does this Somalia 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 — 5 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.