Colombia - Time required to enforce a contract

Time required to enforce a contract (days)

Time required to enforce a contract (days) in Colombia was 1,288 as of 2019. Its highest value over the past 16 years was 1,510 in 2003, while its lowest value was 1,288 in 2013.

Definition: Time required to enforce a contract is the number of calendar days from the filing of the lawsuit in court until the final determination and, in appropriate cases, payment.

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

See also:

Year Value
2003 1,510
2004 1,346
2005 1,346
2006 1,346
2007 1,346
2008 1,346
2009 1,346
2010 1,346
2011 1,346
2012 1,346
2013 1,288
2014 1,288
2015 1,288
2016 1,288
2017 1,288
2018 1,288
2019 1,288

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment