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

Micronesia (country): Enforcing contracts: Cost (% of claim) - Score was 25.9% in 2019. ▬ Flat

Latest (2019)
25.9%
Change on year
unchanged
World rank
176th
of 188 countries
All-time high
25.9%
in 2003
All-time low
25.9%
in 2003
Years of data
17
2003–2019

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

01020302003201120192003: 25.92004: 25.92005: 25.92006: 25.92007: 25.92008: 25.92009: 25.92010: 25.92011: 25.92012: 25.92013: 25.92014: 25.92015: 25.92016: 25.92017: 25.92018: 25.92019: 25.9

Source: World Bank.

Analysis

The most recent figure for enforcing contracts: cost (% of claim) - score in Micronesia (country) is 25.9%, measured in 2019. That is the highest value across all 17 years on record.

That represents a change of unchanged over ten years.

Over the whole period, enforcing contracts: cost (% of claim) - score in Micronesia (country) peaked at 25.9% in 2003 and was at its lowest, 25.9%, in 2003.

Micronesia (country) ranks 176th of 188 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 25.9% 25.9% 25.9% 7
2010s 25.9% 25.9% 25.9% 10

Countries ranked near Micronesia (country)

  1. 173 Eswatini 37.0% compare
  2. 174 Rwanda 27.4% compare
  3. 175 Benin 27.3% compare
  4. 177 Bangladesh 25.0% compare
  5. 178 Malawi 22.4% compare
  6. 179 Indonesia 21.1% compare

See the full ranking of 190 places →

More reference data data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is enforcing contracts: cost (% of claim) - score in Micronesia (country)?
Enforcing contracts: cost (% of claim) - score in Micronesia (country) was 25.9% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost (% of claim) - score recorded in Micronesia (country)?
The highest recorded value was 25.9% in 2003.
What is the lowest enforcing contracts: cost (% of claim) - score recorded in Micronesia (country)?
The lowest recorded value was 25.9% in 2003.
How does Micronesia (country) rank for enforcing contracts: cost (% of claim) - score?
Micronesia (country) ranks 176th out of 188 countries with data for 2019.
Is enforcing contracts: cost (% of claim) - score rising or falling in Micronesia (country)?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Micronesia (country) 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.