Greece - Strength of legal rights index

Strength of legal rights index (0=weak to 12=strong)

The value for Strength of legal rights index (0=weak to 12=strong) in Greece was 3.00 as of 2014. As the graph below shows, over the past 10 years this indicator reached a maximum value of 4.00 in 2012 and a minimum value of 3.00 in 2013.

Definition: Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 12, with higher scores indicating that these laws are better designed to expand access to credit.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2004 4.00
2005 4.00
2006 4.00
2007 4.00
2008 4.00
2009 4.00
2010 4.00
2011 4.00
2012 4.00
2013 3.00
2014 3.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment