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
139th
of 191 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 139th out of 191 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.

Enforcing contracts: Time (days) - Score in Venezuela, year by year

Annual values for Enforcing contracts: Time (days) - Score in Venezuela, 2003 to 2019.
Year Value Change
2003 68.03
2004 68.03 +0.0%
2005 68.03 +0.0%
2006 68.03 +0.0%
2007 68.03 +0.0%
2008 68.03 +0.0%
2009 68.03 +0.0%
2010 68.03 +0.0%
2011 68.03 +0.0%
2012 63.93 -6.0%
2013 50.82 -20.5%
2014 50.82 +0.0%
2015 50.82 +0.0%
2016 50.82 +0.0%
2017 50.82 +0.0%
2018 50.82 +0.0%
2019 50.82 +0.0%

Venezuela compared with similar countries

  • Venezuela's 50.82 is below the median for lower middle income countries, which is 61.39, 83% of the median. (47 countries reporting)
  • Venezuela's 50.82 is below the median for Latin America & Caribbean, which is 56.97, 89% of the median. (33 countries reporting)

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. 136 Libya 53.28 compare
  2. 137 Djibouti 52.87 compare
  3. 138 Ghana 51.64 compare
  4. 140 Lebanon 50.74 compare
  5. 141 Uruguay 50.41 compare
  6. 142 Dominica 49.1 compare

See the full ranking of 191 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 139th out of 191 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.

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Enforcing contracts: Time (days) - Score in Venezuela. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/enforcing-contracts-time-days-score/venezuela-rb/

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About this data

Indicator
Enforcing contracts: Time (days) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 3,094 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.