Enforcing contracts, cost in Africa
Africa: Enforcing contracts, cost was 47.7% in 2012. ▼ Falling
Enforcing contracts, cost in Africa, 2003–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of claim.
Analysis
The most recent figure for enforcing contracts, cost in Africa is 47.7%, measured in 2012.
Compared with earlier readings it is down 0.2% on the previous year and down 8.6% over ten years.
Over the whole period, enforcing contracts, cost in Africa peaked at 52.2% in 2003 and was at its lowest, 47.0%, in 2007.
Enforcing contracts, cost in Africa, year by year
| Year | % of claim | Change |
|---|---|---|
| 2003 | 52.2% | — |
| 2004 | 49.8% | -4.7% |
| 2005 | 47.3% | -5.0% |
| 2006 | 47.0% | -0.5% |
| 2007 | 47.0% | -0.1% |
| 2008 | 47.0% | +0.0% |
| 2009 | 47.2% | +0.4% |
| 2010 | 47.8% | +1.4% |
| 2011 | 47.8% | -0.1% |
| 2012 | 47.7% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 48.2% | 47.0% | 52.2% | 7 |
| 2010s | 47.8% | 47.7% | 47.8% | 3 |
Countries ranked near Africa
- 2 Democratic Republic of Congo 147.6% compare
- 3 Mozambique 142.5% compare
- 4 Zimbabwe 113.1% compare
- 5 Malawi 94.1% compare
- 6 Comoros 89.4% compare
- 7 Central African Republic 82.0% compare
- 8 Burkina Faso 81.7% compare
More private sector data for Africa
- Minimum capital for starting a business 112.7% (2012)
- Getting credit, legal rights index 5.45 (2012)
- Cost of registering property 9.1% (2012)
- Closing a business, cost 21.8% (2012)
- Closing a business, time 3.32 years (2012)
- Closing a business, recovery rate 23.52 cents on the dollar (2012)
- Protecting investors, director liability index 3.65 (2012)
- Protecting investors, investor protection index 4.55 (2012)
- Protecting investors, shareholder suits index 4.94 (2012)
- Dealing with construction permits, cost 730.2% (2012)
Frequently asked questions
- What is enforcing contracts, cost in Africa?
- Enforcing contracts, cost in Africa was 47.7% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest enforcing contracts, cost recorded in Africa?
- The highest recorded value was 52.2% in 2003.
- What is the lowest enforcing contracts, cost recorded in Africa?
- The lowest recorded value was 47.0% in 2007.
- How does Africa rank for enforcing contracts, cost?
- Africa ranks 5th out of 6 groups with data for 2012.
- Is enforcing contracts, cost rising or falling in Africa?
- Over the last ten years it is down 8.6%. The long-run trend across the full record is falling.
- Where does this Africa data come from?
- The figures come from World Bank, Doing Business project (http://www.doingbusiness.org/), published as part of Enforcing contracts, cost (% of claim). Statizoid updates them automatically from the source API.
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About this data
Cost is recorded as a percentage of the claim, assumed to be equivalent to 200% of income per capita. Only official costs required by law are recorded, including court and enforcement costs and average attorney fees where the use of attorneys is mandatory or common. For more information, visit http://www.doingbusiness.org/MethodologySurveys/.