Protecting minority investors: Extent of disclosure index in Spain

Spain: Protecting minority investors: Extent of disclosure index was 7 0-10 in 2019. ▲ Rising

Latest (2019)
7 0-10
Change on year
unchanged
World rank
55th
of 191 countries
All-time high
7 0-10
in 2013
All-time low
5 0-10
in 2005
Years of data
15
2005–2019

Protecting minority investors: Extent of disclosure index in Spain, 2005–2019

024682005201220192005: 5 0-102006: 5 0-102007: 5 0-102008: 5 0-102009: 5 0-102010: 5 0-102011: 5 0-102012: 5 0-102013: 7 0-102014: 7 0-102015: 7 0-102016: 7 0-102017: 7 0-102018: 7 0-102019: 7 0-10

Source: World Bank. Measured in 0-10.

Analysis

In 2019, protecting minority investors: extent of disclosure index in Spain stood at 7 0-10. That is the highest value across all 15 years on record.

Compared with earlier readings it is up 40.0% over ten years.

Over the whole period, protecting minority investors: extent of disclosure index in Spain peaked at 7 0-10 in 2013 and was at its lowest, 5 0-10, in 2005.

That places Spain 55th out of 191 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently rising across the 15 years of available data.

Protecting minority investors: Extent of disclosure index in Spain, year by year

Annual values for Protecting minority investors: Extent of disclosure index (0-10) in Spain, 2005 to 2019.
Year 0-10 Change
2005 5 0-10
2006 5 0-10 +0.0%
2007 5 0-10 +0.0%
2008 5 0-10 +0.0%
2009 5 0-10 +0.0%
2010 5 0-10 +0.0%
2011 5 0-10 +0.0%
2012 5 0-10 +0.0%
2013 7 0-10 +40.0%
2014 7 0-10 +0.0%
2015 7 0-10 +0.0%
2016 7 0-10 +0.0%
2017 7 0-10 +0.0%
2018 7 0-10 +0.0%
2019 7 0-10 +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5 0-10 5 0-10 5 0-10 5
2010s 6.4 0-10 5 0-10 7 0-10 10

Countries ranked near Spain

  1. 54 United States 7.4 0-10 compare
  2. 55 Nigeria 7 0-10 compare
  3. 55 Japan 7 0-10 compare
  4. 55 Argentina 7 0-10 compare
  5. 55 Armenia 7 0-10 compare
  6. 55 Benin 7 0-10 compare
  7. 55 Botswana 7 0-10 compare
  8. 55 Burkina Faso 7 0-10 compare
  9. 55 Cameroon 7 0-10 compare
  10. 55 Central African Republic 7 0-10 compare
  11. 55 Chad 7 0-10 compare
  12. 55 Comoros 7 0-10 compare
  13. 55 Democratic Republic of Congo 7 0-10 compare
  14. 55 Congo 7 0-10 compare
  15. 55 Cote d'Ivoire 7 0-10 compare
  16. 55 Denmark 7 0-10 compare
  17. 55 Equatorial Guinea 7 0-10 compare
  18. 55 Gabon 7 0-10 compare
  19. 55 Ghana 7 0-10 compare
  20. 55 Guinea 7 0-10 compare
  21. 55 Guinea-Bissau 7 0-10 compare
  22. 55 Iceland 7 0-10 compare
  23. 55 Iran 7 0-10 compare
  24. 55 Israel 7 0-10 compare
  25. 55 Italy 7 0-10 compare
  26. 55 Kyrgyzstan 7 0-10 compare
  27. 55 Lithuania 7 0-10 compare
  28. 55 Madagascar 7 0-10 compare
  29. 55 Mali 7 0-10 compare
  30. 55 Mauritius 7 0-10 compare
  31. 55 Moldova 7 0-10 compare
  32. 55 Niger 7 0-10 compare
  33. 55 Norway 7 0-10 compare
  34. 55 Poland 7 0-10 compare
  35. 55 Puerto Rico 7 0-10 compare
  36. 55 Senegal 7 0-10 compare
  37. 55 Syria 7 0-10 compare
  38. 55 Togo 7 0-10 compare
  39. 55 Vietnam 7 0-10 compare

See the full ranking of 191 places →

More reference data data for Spain

All data for Spain →

Frequently asked questions

What is protecting minority investors: extent of disclosure index in Spain?
Protecting minority investors: extent of disclosure index in Spain was 7 0-10 in 2019, according to the World Bank.
What is the highest protecting minority investors: extent of disclosure index recorded in Spain?
The highest recorded value was 7 0-10 in 2013.
What is the lowest protecting minority investors: extent of disclosure index recorded in Spain?
The lowest recorded value was 5 0-10 in 2005.
How does Spain rank for protecting minority investors: extent of disclosure index?
Spain ranks 55th out of 191 countries with data for 2019.
Is protecting minority investors: extent of disclosure index rising or falling in Spain?
Over the last ten years it is up 40.0%. The long-run trend across the full record is rising.
Where does this Spain data come from?
The figures come from the World Bank, published as part of Protecting minority investors: Extent of disclosure index (0-10). Statizoid updates them automatically from the source API.

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Protecting minority investors: Extent of disclosure index in Spain. Statizoid. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/protecting-minority-investors-extent-of-disclosure-index-0-10/spain/

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About this data

Indicator
Protecting minority investors: Extent of disclosure index (0-10)
Unit
0-10
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 2,865 data points, 2005–2019
Last refreshed

The extent of disclosure index measures the approval and disclosure requirements of related-party transactions. It has five components: (i) whether it is the managing director alone, the board of directors, or the general meeting of shareholders the corporate body who can provide legally sufficient approval for the transaction (points are assigned depending on whether interested directors are permitted to vote or not); (ii) whether an external body (an independent auditor, for example) must review the transaction before it takes place; (iii) whether disclosure by Mr. James to the board of directors or the supervisory board is required; (iv) whether immediate disclosure of the transaction to the public, the regulator or the shareholders is required; and (v) whether disclosure in periodic filings (for example, annual reports) is required.