Enforcing contracts: Time (days) - Score in Venezuela

Venezuela: Enforcing contracts: Time (days) - Score was 50.82 in 2019. ▼ Falling

Latest (2019)
50.82
Change on year
unchanged
World rank
136th
of 188 countries
All-time high
68.03
in 2003
All-time low
50.82
in 2013
Years of data
17
2003–2019

Enforcing contracts: Time (days) - Score in Venezuela, 2003–2019

02040602003201120192003: 682004: 682005: 682006: 682007: 682008: 682009: 682010: 682011: 682012: 63.92013: 50.82014: 50.82015: 50.82016: 50.82017: 50.82018: 50.82019: 50.8

Source: World Bank.

Analysis

Venezuela recorded 50.82 for enforcing contracts: time (days) - score in 2019. That is the lowest value across all 17 years on record.

Compared with earlier readings it is down 25.3% over ten years.

Over the whole period, enforcing contracts: time (days) - score in Venezuela peaked at 68.03 in 2003 and was at its lowest, 50.82, in 2013.

That places Venezuela 136th 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 68.03 68.03 68.03 7
2010s 55.57 50.82 68.03 10

Countries ranked near Venezuela

  1. 133 Grenada 53.44 compare
  2. 134 Libya 53.28 compare
  3. 135 Ghana 51.64 compare
  4. 137 Lebanon 50.74 compare
  5. 138 Uruguay 50.41 compare
  6. 139 Dominica 49.1 compare

See the full ranking of 190 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is enforcing contracts: time (days) - score in Venezuela?
Enforcing contracts: time (days) - score in Venezuela was 50.82 in 2019, according to the World Bank.
What is the highest enforcing contracts: time (days) - score recorded in Venezuela?
The highest recorded value was 68.03 in 2003.
What is the lowest enforcing contracts: time (days) - score recorded in Venezuela?
The lowest recorded value was 50.82 in 2013.
How does Venezuela rank for enforcing contracts: time (days) - score?
Venezuela ranks 136th out of 188 countries with data for 2019.
Is enforcing contracts: time (days) - score rising or falling in Venezuela?
Over the last ten years it is down 25.3%. 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: Time (days) - 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: Time (days) - 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 time 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.