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

Venezuela: Enforcing contracts (DB04-15 methodology) - Score was 57.88 in 2014. ▼ Falling

Latest (2014)
57.88
Change on year
unchanged
World rank
81st
of 181 countries
All-time high
63.62
in 2003
All-time low
57.88
in 2013
Years of data
12
2003–2014

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

02040602003200820142003: 63.62004: 63.62005: 63.62006: 63.62007: 63.62008: 63.62009: 63.62010: 63.62011: 63.62012: 62.32013: 57.92014: 57.9

Source: World Bank.

Analysis

The most recent figure for enforcing contracts (db04-15 methodology) - score in Venezuela is 57.88, measured in 2014. That is the lowest value across all 12 years on record.

The figure is down 9.0% over ten years.

Over the whole period, enforcing contracts (db04-15 methodology) - score in Venezuela peaked at 63.62 in 2003 and was at its lowest, 57.88, in 2013.

Venezuela ranks 81st of 181 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 63.62 63.62 63.62 7
2010s 61.05 57.88 63.62 5

Countries ranked near Venezuela

  1. 78 Dominican Republic 58.32 compare
  2. 79 Slovakia 58.17 compare
  3. 80 Bolivia 58 compare
  4. 82 Paraguay 57.8 compare
  5. 83 Samoa 57.78 compare
  6. 84 North Macedonia 57.71 compare

See the full ranking of 183 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is enforcing contracts (db04-15 methodology) - score in Venezuela?
Enforcing contracts (db04-15 methodology) - score in Venezuela was 57.88 in 2014, according to the World Bank.
What is the highest enforcing contracts (db04-15 methodology) - score recorded in Venezuela?
The highest recorded value was 63.62 in 2003.
What is the lowest enforcing contracts (db04-15 methodology) - score recorded in Venezuela?
The lowest recorded value was 57.88 in 2013.
How does Venezuela rank for enforcing contracts (db04-15 methodology) - score?
Venezuela ranks 81st out of 181 countries with data for 2014.
Is enforcing contracts (db04-15 methodology) - score rising or falling in Venezuela?
Over the last ten years it is down 9.0%. The long-run trend across the full record is falling.
Where does this Venezuela 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.