Luxembourg - Strength of legal rights index
Strength of legal rights index (0=weak to 10=strong)
The value for Strength of legal rights index (0=weak to 10=strong) in Luxembourg was 6.00 as of 2011. As the graph below shows, over the past 5 years this indicator reached a maximum value of 7.00 in 2009 and a minimum value of 6.00 in 2010.
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 10, 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/).
Sub-Topic: Business environment