Enforcing contracts: Cost (% of claim) - Score in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Enforcing contracts: Cost (% of claim) - Score was 51.0% in 2019. β–¬ Flat

Latest (2019)
51.0%
Change on year
unchanged
World rank
157th
of 190 countries
All-time high
51.0%
in 2003
All-time low
51.0%
in 2003
Years of data
17
2003–2019

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

02040602003201120192003: 512004: 512005: 512006: 512007: 512008: 512009: 512010: 512011: 512012: 512013: 512014: 512015: 512016: 512017: 512018: 512019: 51

Source: World Bank.

Analysis

In 2019, enforcing contracts: cost (% of claim) - score in Venezuela, Bolivarian Republic of stood at 51.0%. That is the highest value across all 17 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, enforcing contracts: cost (% of claim) - score in Venezuela, Bolivarian Republic of peaked at 51.0% in 2003 and was at its lowest, 51.0%, in 2003.

Venezuela, Bolivarian Republic of ranks 157th of 190 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 51.0% 51.0% 51.0% 7
2010s 51.0% 51.0% 51.0% 10

Countries ranked near Venezuela, Bolivarian Republic of

  1. 154 Fiji 52.2% compare
  2. 154 Haiti 52.2% compare
  3. 156 Albania 52.1% compare
  4. 158 Angola 50.2% compare
  5. 159 Guinea 49.5% compare
  6. 160 Sao Tome and Principe 48.8% compare

See the full ranking of 190 places β†’

More reference data data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of β†’

Frequently asked questions

What is enforcing contracts: cost (% of claim) - score in Venezuela, Bolivarian Republic of?
Enforcing contracts: cost (% of claim) - score in Venezuela, Bolivarian Republic of was 51.0% in 2019, according to the World Bank.
What is the highest enforcing contracts: cost (% of claim) - score recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 51.0% in 2003.
What is the lowest enforcing contracts: cost (% of claim) - score recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 51.0% in 2003.
How does Venezuela, Bolivarian Republic of rank for enforcing contracts: cost (% of claim) - score?
Venezuela, Bolivarian Republic of ranks 157th out of 190 countries with data for 2019.
Is enforcing contracts: cost (% of claim) - score rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Venezuela, Bolivarian Republic of 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.

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Enforcing contracts: Cost (% of claim) - Score in Venezuela, Bolivarian Republic of. Statizoid. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/enforcing-contracts-cost-percent-of-claim-score/venezuela-rb/

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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.