Enforcing contracts: Time in Micronesia (country)

Micronesia (country): Enforcing contracts: Time was 885 days in 2019. ▬ Flat

Latest (2019)
885 days
Change on year
unchanged
World rank
33rd
of 188 countries
All-time high
885 days
in 2003
All-time low
885 days
in 2003
Years of data
17
2003–2019

Enforcing contracts: Time in Micronesia (country), 2003–2019

02004006008002003201120192003: 885 days2004: 885 days2005: 885 days2006: 885 days2007: 885 days2008: 885 days2009: 885 days2010: 885 days2011: 885 days2012: 885 days2013: 885 days2014: 885 days2015: 885 days2016: 885 days2017: 885 days2018: 885 days2019: 885 days

Source: World Bank. Measured in days.

Analysis

Micronesia (country) recorded 885 days for enforcing contracts: time in 2019. That is the highest value across all 17 years on record.

The figure is unchanged over ten years.

Over the whole period, enforcing contracts: time in Micronesia (country) peaked at 885 days in 2003 and was at its lowest, 885 days, in 2003.

That places Micronesia (country) 33rd out of 188 countries with data for 2019, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 885 days 885 days 885 days 7
2010s 885 days 885 days 885 days 10

Countries ranked near Micronesia (country)

  1. 30 Canada 910 days compare
  2. 30 Nepal 910 days compare
  3. 32 Belize 892 days compare
  4. 34 Syria 872 days compare
  5. 35 Costa Rica 852 days compare
  6. 36 Burundi 832 days compare

See the full ranking of 190 places →

More reference data data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is enforcing contracts: time in Micronesia (country)?
Enforcing contracts: time in Micronesia (country) was 885 days in 2019, according to the World Bank.
What is the highest enforcing contracts: time recorded in Micronesia (country)?
The highest recorded value was 885 days in 2003.
What is the lowest enforcing contracts: time recorded in Micronesia (country)?
The lowest recorded value was 885 days in 2003.
How does Micronesia (country) rank for enforcing contracts: time?
Micronesia (country) ranks 33rd out of 188 countries with data for 2019.
Is enforcing contracts: time rising or falling in Micronesia (country)?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Micronesia (country) 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

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.