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
157th
of 191 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 157th of 191 countries on this measure, in the bottom quarter.

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

Enforcing contracts: Time in Iceland, year by year

Annual values for Enforcing contracts: Time (days) in Iceland, 2004 to 2019.
Year days Change
2004 393 days —
2005 393 days +0.0%
2006 393 days +0.0%
2007 393 days +0.0%
2008 393 days +0.0%
2009 417 days +6.1%
2010 417 days +0.0%
2011 417 days +0.0%
2012 417 days +0.0%
2013 417 days +0.0%
2014 417 days +0.0%
2015 417 days +0.0%
2016 417 days +0.0%
2017 417 days +0.0%
2018 417 days +0.0%
2019 417 days +0.0%

Iceland compared with similar countries

  • Iceland's 417 days is below the median for high income countries, which is 554.5 days, 75% of the median. (62 countries reporting)
  • Iceland's 417 days is below the median for Europe & Central Asia, which is 510 days, 82% of the median. (49 countries reporting)

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. 154 Cape Verde 425 days compare
  2. 154 Malaysia 425 days compare
  3. 156 Thailand 420 days compare
  4. 158 Kyrgyzstan 410 days compare
  5. 158 Zimbabwe 410 days compare
  6. 160 Indonesia 403.2 days compare

See the full ranking of 191 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 157th out of 191 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.

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Enforcing contracts: Time in Iceland. Statizoid. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/enforcing-contracts-time-days/iceland/

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About this data

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