Enforcing contracts: Cost (% of claim) - Score in Latvia

Latvia: Enforcing contracts: Cost (% of claim) - Score was 74.1% in 2019. ▼ Falling

Latest (2019)
74.1%
Change on year
unchanged
World rank
57th
of 188 countries
All-time high
82.1%
in 2005
All-time low
74.1%
in 2009
Years of data
17
2003–2019

Enforcing contracts: Cost (% of claim) - Score in Latvia, 2003–2019

0204060802003201120192003: 81.32004: 81.32005: 82.12006: 82.12007: 82.12008: 82.12009: 74.12010: 74.12011: 74.12012: 74.12013: 74.12014: 74.12015: 74.12016: 74.12017: 74.12018: 74.12019: 74.1

Source: World Bank.

Analysis

In 2019, enforcing contracts: cost (% of claim) - score in Latvia stood at 74.1%. That is the lowest value across all 17 years on record.

The figure is unchanged over ten years.

Over the whole period, enforcing contracts: cost (% of claim) - score in Latvia peaked at 82.1% in 2005 and was at its lowest, 74.1%, in 2009.

That places Latvia 57th out of 188 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 80.7% 74.1% 82.1% 7
2010s 74.1% 74.1% 74.1% 10

Countries ranked near Latvia

  1. 54 Sri Lanka 74.5% compare
  2. 55 Mongolia 74.4% compare
  3. 56 Ghana 74.2% compare
  4. 57 Bhutan 74.1% compare
  5. 59 Australia 74.0% compare
  6. 59 Mauritania 74.0% compare
  7. 59 Uruguay 74.0% compare

See the full ranking of 190 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is enforcing contracts: cost (% of claim) - score in Latvia?
Enforcing contracts: cost (% of claim) - score in Latvia was 74.1% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost (% of claim) - score recorded in Latvia?
The highest recorded value was 82.1% in 2005.
What is the lowest enforcing contracts: cost (% of claim) - score recorded in Latvia?
The lowest recorded value was 74.1% in 2009.
How does Latvia rank for enforcing contracts: cost (% of claim) - score?
Latvia ranks 57th out of 188 countries with data for 2019.
Is enforcing contracts: cost (% of claim) - score rising or falling in Latvia?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Latvia data come from?
The figures come from the World Bank, published as part of Enforcing contracts: Cost (% of claim) - Score. 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) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The score for cost to enforce contracts benchmarks economies with respect to the regulatory best practice on the indicator. The score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.