Enforcing contracts (DB04-15 methodology) - Score in Colombia

Colombia: Enforcing contracts (DB04-15 methodology) - Score was 38.45 in 2014. ▲ Rising

Latest (2014)
38.45
Change on year
up 2.1%
World rank
161st
of 181 countries
All-time high
38.45
in 2014
All-time low
33.12
in 2003
Years of data
12
2003–2014

Enforcing contracts (DB04-15 methodology) - Score in Colombia, 2003–2014

0102030402003200820142003: 33.12004: 36.22005: 36.22006: 36.22007: 36.22008: 36.22009: 36.22010: 36.22011: 36.22012: 36.22013: 37.72014: 38.5

Source: World Bank.

Analysis

The most recent figure for enforcing contracts (db04-15 methodology) - score in Colombia is 38.45, measured in 2014. That is the highest value across all 12 years on record.

That represents a change of up 2.1% on the previous year and up 6.1% over ten years.

Over the whole period, enforcing contracts (db04-15 methodology) - score in Colombia peaked at 38.45 in 2014 and was at its lowest, 33.12, in 2003.

That places Colombia 161st out of 181 countries with data for 2014, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 35.8 33.12 36.24 7
2010s 36.97 36.24 38.45 5

Countries ranked near Colombia

  1. 158 Sudan 40.43 compare
  2. 159 Pakistan 40.32 compare
  3. 160 Sri Lanka 38.96 compare
  4. 162 Benin 37.73 compare
  5. 163 Belize 37.38 compare
  6. 164 Honduras 36.55 compare

See the full ranking of 183 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is enforcing contracts (db04-15 methodology) - score in Colombia?
Enforcing contracts (db04-15 methodology) - score in Colombia was 38.45 in 2014, according to the World Bank.
What is the highest enforcing contracts (db04-15 methodology) - score recorded in Colombia?
The highest recorded value was 38.45 in 2014.
What is the lowest enforcing contracts (db04-15 methodology) - score recorded in Colombia?
The lowest recorded value was 33.12 in 2003.
How does Colombia rank for enforcing contracts (db04-15 methodology) - score?
Colombia ranks 161st out of 181 countries with data for 2014.
Is enforcing contracts (db04-15 methodology) - score rising or falling in Colombia?
Over the last ten years it is up 6.1%. The long-run trend across the full record is rising.
Where does this Colombia data come from?
The figures come from the World Bank, published as part of Enforcing contracts (DB04-15 methodology) - Score. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Enforcing contracts (DB04-15 methodology) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 2,113 data points, 2003–2014
Last refreshed

The score for enforcing contracts is the simple average of the scores for each of the component indicators: the procedures, time and cost for resolving a commercial dispute through a local first-instance court. The score is computed based on the methodology in the DB04-15 studies.