Enforcing contracts: Time in Iceland

Iceland: Enforcing contracts: Time was 417 days in 2019. ▲ Rising

Latest (2019)
417 days
Change on year
unchanged
World rank
156th
of 188 countries
All-time high
417 days
in 2009
All-time low
393 days
in 2004
Years of data
16
2004–2019

Enforcing contracts: Time in Iceland, 2004–2019

01002003004002004201120192004: 393 days2005: 393 days2006: 393 days2007: 393 days2008: 393 days2009: 417 days2010: 417 days2011: 417 days2012: 417 days2013: 417 days2014: 417 days2015: 417 days2016: 417 days2017: 417 days2018: 417 days2019: 417 days

Source: World Bank. Measured in days.

Analysis

The most recent figure for enforcing contracts: time in Iceland is 417 days, measured in 2019. That is the highest value across all 16 years on record.

The figure is unchanged over ten years.

Over the whole period, enforcing contracts: time in Iceland peaked at 417 days in 2009 and was at its lowest, 393 days, in 2004.

Iceland ranks 156th of 188 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 397 days 393 days 417 days 6
2010s 417 days 417 days 417 days 10

Countries ranked near Iceland

  1. 153 Cape Verde 425 days compare
  2. 153 Malaysia 425 days compare
  3. 155 Thailand 420 days compare
  4. 157 Kyrgyzstan 410 days compare
  5. 157 Zimbabwe 410 days compare
  6. 159 Indonesia 403.2 days compare

See the full ranking of 190 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is enforcing contracts: time in Iceland?
Enforcing contracts: time in Iceland was 417 days in 2019, according to the World Bank.
What is the highest enforcing contracts: time recorded in Iceland?
The highest recorded value was 417 days in 2009.
What is the lowest enforcing contracts: time recorded in Iceland?
The lowest recorded value was 393 days in 2004.
How does Iceland rank for enforcing contracts: time?
Iceland ranks 156th out of 188 countries with data for 2019.
Is enforcing contracts: time rising or falling in Iceland?
Over the last ten years it is unchanged. The long-run trend across the full record is rising.
Where does this Iceland 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 — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Enforcing contracts: Time (days)
Unit
days
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

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.