Enforcing contracts: Time in Colombia
Colombia: Enforcing contracts: Time was 1,288 days in 2019. ▼ Falling
Enforcing contracts: Time in Colombia, 2003–2019
Source: World Bank. Measured in days.
Analysis
The most recent figure for enforcing contracts: time in Colombia is 1,288 days, measured in 2019. That is the lowest value across all 17 years on record.
The figure is down 4.3% over ten years.
Over the whole period, enforcing contracts: time in Colombia peaked at 1,510 days in 2003 and was at its lowest, 1,288 days, in 2013.
That places Colombia 13th out of 191 countries with data for 2019, putting it in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Enforcing contracts: Time in Colombia, year by year
| Year | days | Change |
|---|---|---|
| 2003 | 1,510 days | — |
| 2004 | 1,346 days | -10.9% |
| 2005 | 1,346 days | +0.0% |
| 2006 | 1,346 days | +0.0% |
| 2007 | 1,346 days | +0.0% |
| 2008 | 1,346 days | +0.0% |
| 2009 | 1,346 days | +0.0% |
| 2010 | 1,346 days | +0.0% |
| 2011 | 1,346 days | +0.0% |
| 2012 | 1,346 days | +0.0% |
| 2013 | 1,288 days | -4.3% |
| 2014 | 1,288 days | +0.0% |
| 2015 | 1,288 days | +0.0% |
| 2016 | 1,288 days | +0.0% |
| 2017 | 1,288 days | +0.0% |
| 2018 | 1,288 days | +0.0% |
| 2019 | 1,288 days | +0.0% |
Colombia compared with similar countries
- Colombia's 1,288 days is above the median for upper middle income countries, which is 587.5 days, 2.2× the median. (56 countries reporting)
- Colombia's 1,288 days is above the median for Latin America & Caribbean, which is 645 days, 2.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,369 days | 1,346 days | 1,510 days | 7 |
| 2010s | 1,305 days | 1,288 days | 1,346 days | 10 |
Countries ranked near Colombia
More reference data data for Colombia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 11.17 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 19.02 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4113 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 19.02 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 9.81 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 2.67 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 61.25 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 94.56 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.24 (2050)
Frequently asked questions
- What is enforcing contracts: time in Colombia?
- Enforcing contracts: time in Colombia was 1,288 days in 2019, according to the World Bank.
- What is the highest enforcing contracts: time recorded in Colombia?
- The highest recorded value was 1,510 days in 2003.
- What is the lowest enforcing contracts: time recorded in Colombia?
- The lowest recorded value was 1,288 days in 2013.
- How does Colombia rank for enforcing contracts: time?
- Colombia ranks 13th out of 191 countries with data for 2019.
- Is enforcing contracts: time rising or falling in Colombia?
- Over the last ten years it is down 4.3%. The long-run trend across the full record is falling.
- Where does this Colombia data come from?
- The figures come from the World Bank, published as part of Enforcing contracts: Time (days). 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
The time to enforce contracts is recorded in calendar days, counted from the moment plaintiff decides to file the lawsuit in court until payment. The average duration of the following three different stages of dispute resolution is recorded: (i) filing and service, (ii) trial and judgment, and (iii) enforcement.