Enforcing contracts: Cost in Thailand
Thailand: Enforcing contracts: Cost was 16.9% in 2019. ▲ Rising
Enforcing contracts: Cost in Thailand, 2003–2019
Source: World Bank. Measured in % of claim.
Analysis
Thailand recorded 16.9% for enforcing contracts: cost in 2019. That is the highest value across all 17 years on record.
The figure is up 36.3% over ten years.
Over the whole period, enforcing contracts: cost in Thailand peaked at 16.9% in 2014 and was at its lowest, 12.4%, in 2003.
Thailand ranks 171st of 191 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Enforcing contracts: Cost in Thailand, year by year
| Year | % of claim | Change |
|---|---|---|
| 2003 | 12.4% | — |
| 2004 | 12.4% | +0.0% |
| 2005 | 12.4% | +0.0% |
| 2006 | 12.4% | +0.0% |
| 2007 | 12.4% | +0.0% |
| 2008 | 12.4% | +0.0% |
| 2009 | 12.4% | +0.0% |
| 2010 | 12.4% | +0.0% |
| 2011 | 12.4% | +0.0% |
| 2012 | 12.4% | +0.0% |
| 2013 | 12.4% | +0.0% |
| 2014 | 16.9% | +36.3% |
| 2015 | 16.9% | +0.0% |
| 2016 | 16.9% | +0.0% |
| 2017 | 16.9% | +0.0% |
| 2018 | 16.9% | +0.0% |
| 2019 | 16.9% | +0.0% |
Thailand compared with similar countries
- Thailand's 16.9% is below the median for upper middle income countries, which is 28.8%, 59% of the median. (56 countries reporting)
- Thailand's 16.9% is below the median for East Asia & Pacific, which is 31.3%, 54% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.4% | 12.4% | 12.4% | 7 |
| 2010s | 15.1% | 12.4% | 16.9% | 10 |
Countries ranked near Thailand
More reference data data for Thailand
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.67 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.89 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.08 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.45 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.08 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.58 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.72 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 10.67 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 65.23 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.92 (2050)
Frequently asked questions
- What is enforcing contracts: cost in Thailand?
- Enforcing contracts: cost in Thailand was 16.9% in 2019, according to the World Bank.
- What is the highest enforcing contracts: cost recorded in Thailand?
- The highest recorded value was 16.9% in 2014.
- What is the lowest enforcing contracts: cost recorded in Thailand?
- The lowest recorded value was 12.4% in 2003.
- How does Thailand rank for enforcing contracts: cost?
- Thailand ranks 171st out of 191 countries with data for 2019.
- Is enforcing contracts: cost rising or falling in Thailand?
- Over the last ten years it is up 36.3%. The long-run trend across the full record is rising.
- Where does this Thailand 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
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.