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

Philippines: Enforcing contracts: Cost (% of claim) - Score was 65.2% in 2019. ▼ Falling

Latest (2019)
65.2%
Change on year
unchanged
World rank
116th
of 188 countries
All-time high
72.2%
in 2003
All-time low
65.2%
in 2013
Years of data
17
2003–2019

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

0204060802003201120192003: 72.22004: 72.22005: 72.22006: 70.92007: 70.92008: 70.92009: 70.92010: 70.92011: 70.92012: 70.92013: 65.22014: 65.22015: 65.22016: 65.22017: 65.22018: 65.22019: 65.2

Source: World Bank.

Analysis

Philippines recorded 65.2% for enforcing contracts: cost (% of claim) - score in 2019. That is the lowest value across all 17 years on record.

The figure is down 7.9% over ten years.

Over the whole period, enforcing contracts: cost (% of claim) - score in Philippines peaked at 72.2% in 2003 and was at its lowest, 65.2%, in 2013.

That places Philippines 116th 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 71.4% 70.9% 72.2% 7
2010s 66.9% 65.2% 70.9% 10

Countries ranked near Philippines

  1. 113 Tonga 65.8% compare
  2. 114 United States 65.8% compare
  3. 115 Lebanon 65.5% compare
  4. 116 India 65.2% compare
  5. 118 Jordan 65.0% compare
  6. 119 Lesotho 64.9% compare
  7. 119 Uganda 64.9% compare

See the full ranking of 190 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is enforcing contracts: cost (% of claim) - score in Philippines?
Enforcing contracts: cost (% of claim) - score in Philippines was 65.2% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost (% of claim) - score recorded in Philippines?
The highest recorded value was 72.2% in 2003.
What is the lowest enforcing contracts: cost (% of claim) - score recorded in Philippines?
The lowest recorded value was 65.2% in 2013.
How does Philippines rank for enforcing contracts: cost (% of claim) - score?
Philippines ranks 116th out of 188 countries with data for 2019.
Is enforcing contracts: cost (% of claim) - score rising or falling in Philippines?
Over the last ten years it is down 7.9%. The long-run trend across the full record is falling.
Where does this Philippines 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.