Enforcing contracts: Time in Serbia

Serbia: Enforcing contracts: Time was 622 days in 2019. ▼ Falling

Latest (2019)
622 days
Change on year
down 2.0%
World rank
73rd
of 188 countries
All-time high
1,028 days
in 2003
All-time low
622 days
in 2019
Years of data
17
2003–2019

Enforcing contracts: Time in Serbia, 2003–2019

02505007501.0k2003201120192003: 1.0k days2004: 1.0k days2005: 635 days2006: 635 days2007: 635 days2008: 635 days2009: 635 days2010: 635 days2011: 635 days2012: 635 days2013: 635 days2014: 635 days2015: 635 days2016: 635 days2017: 635 days2018: 635 days2019: 622 days

Source: World Bank. Measured in days.

Analysis

In 2019, enforcing contracts: time in Serbia stood at 622 days. That is the lowest value across all 17 years on record.

That represents a change of down 2.0% on the previous year and down 2.0% over ten years.

Over the whole period, enforcing contracts: time in Serbia peaked at 1,028 days in 2003 and was at its lowest, 622 days, in 2019.

That places Serbia 73rd out of 188 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 747.29 days 635 days 1,028 days 7
2010s 633.7 days 622 days 635 days 10

Countries ranked near Serbia

  1. 70 Algeria 630 days compare
  2. 70 Puerto Rico 630 days compare
  3. 72 Turkey 623 days compare
  4. 74 Mali 620 days compare
  5. 75 Marshall Islands 616 days compare
  6. 76 Lesotho 615 days compare

See the full ranking of 190 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is enforcing contracts: time in Serbia?
Enforcing contracts: time in Serbia was 622 days in 2019, according to the World Bank.
What is the highest enforcing contracts: time recorded in Serbia?
The highest recorded value was 1,028 days in 2003.
What is the lowest enforcing contracts: time recorded in Serbia?
The lowest recorded value was 622 days in 2019.
How does Serbia rank for enforcing contracts: time?
Serbia ranks 73rd out of 188 countries with data for 2019.
Is enforcing contracts: time rising or falling in Serbia?
Over the last ten years it is down 2.0%. The long-run trend across the full record is falling.
Where does this Serbia 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.