Lower middle income - Time required to enforce a contract

Time required to enforce a contract (days)

Time required to enforce a contract (days) in Lower middle income was 682.81 as of 2019. Its highest value over the past 16 years was 693.65 in 2013, while its lowest value was 635.05 in 2003.

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 635.05
2004 671.56
2005 669.67
2006 668.35
2007 667.02
2008 672.29
2009 663.84
2010 660.80
2011 658.63
2012 663.20
2013 693.65
2014 691.20
2015 691.20
2016 690.67
2017 688.25
2018 688.25
2019 682.81

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment