Enforcing contracts: Cost in Suriname

Suriname: Enforcing contracts: Cost was 37.1% in 2019. ▬ Flat

Latest (2019)
37.1%
Change on year
unchanged
World rank
51st
of 188 countries
All-time high
37.1%
in 2005
All-time low
37.1%
in 2005
Years of data
15
2005–2019

Enforcing contracts: Cost in Suriname, 2005–2019

0102030402005201220192005: 37.1 % of claim2006: 37.1 % of claim2007: 37.1 % of claim2008: 37.1 % of claim2009: 37.1 % of claim2010: 37.1 % of claim2011: 37.1 % of claim2012: 37.1 % of claim2013: 37.1 % of claim2014: 37.1 % of claim2015: 37.1 % of claim2016: 37.1 % of claim2017: 37.1 % of claim2018: 37.1 % of claim2019: 37.1 % of claim

Source: World Bank. Measured in % of claim.

Analysis

In 2019, enforcing contracts: cost in Suriname stood at 37.1%. That is the highest value across all 15 years on record.

The figure is unchanged over ten years.

Over the whole period, enforcing contracts: cost in Suriname peaked at 37.1% in 2005 and was at its lowest, 37.1%, in 2005.

That places Suriname 51st out of 188 countries with data for 2019, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 37.1% 37.1% 37.1% 5
2010s 37.1% 37.1% 37.1% 10

Countries ranked near Suriname

  1. 48 Panama 38.0% compare
  2. 49 Malaysia 37.9% compare
  3. 50 Saint Lucia 37.3% compare
  4. 52 Brunei 36.6% compare
  5. 53 Senegal 36.4% compare
  6. 54 Burundi 36.1% compare

See the full ranking of 190 places →

More reference data data for Suriname

All data for Suriname →

Frequently asked questions

What is enforcing contracts: cost in Suriname?
Enforcing contracts: cost in Suriname was 37.1% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost recorded in Suriname?
The highest recorded value was 37.1% in 2005.
What is the lowest enforcing contracts: cost recorded in Suriname?
The lowest recorded value was 37.1% in 2005.
How does Suriname rank for enforcing contracts: cost?
Suriname ranks 51st out of 188 countries with data for 2019.
Is enforcing contracts: cost rising or falling in Suriname?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Suriname 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 — 15 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.