Getting credit: Strength of legal rights index (0-12) (DB15-20 methodology) by country
The strength of legal rights index measures whether certain features that facilitate lending exist within the applicable collateral and bankruptcy laws. The index ranges from 0 to 12 based on the methodology in the DB15-20 studies.
What the numbers show
Getting credit: Strength of legal rights index (0-12) (DB15-20 methodology) is currently reported for 183 countries. The highest value is 12 DB15-20 methodology in Azerbaijan; the lowest is 1 DB15-20 methodology in Venezuela, Bolivarian Republic of.
The median across all reporting countries is 6 DB15-20 methodology, and the mean is 5.98 DB15-20 methodology.
The gap between the highest and lowest reporting country is a factor of about 12.
Over the past decade 52 countries rose and 3 fell. The largest increase was in Tajikistan (up 1,000.0%), and the largest decrease in Taiwan, China (down 50.0%).
Getting credit: Strength of legal rights index (0-12): full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Azerbaijan | 12 DB15-20 methodology | 2019 | up 500.0% | volatile |
| 1 | Brunei Darussalam | 12 DB15-20 methodology | 2019 | up 200.0% | volatile |
| 1 | Montenegro | 12 DB15-20 methodology | 2019 | unchanged | flat |
| 1 | New Zealand | 12 DB15-20 methodology | 2019 | unchanged | flat |
| 1 | Puerto Rico | 12 DB15-20 methodology | 2019 | up 9.1% | rising |
| 6 | Australia | 11 DB15-20 methodology | 2019 | unchanged | flat |
| 6 | Colombia | 11 DB15-20 methodology | 2019 | up 266.7% | rising |
| 6 | Jordan | 11 DB15-20 methodology | 2019 | — | volatile |
| 6 | Kenya | 11 DB15-20 methodology | 2019 | up 57.1% | rising |
| 6 | Malawi | 11 DB15-20 methodology | 2019 | up 120.0% | rising |
| 6 | Rwanda | 11 DB15-20 methodology | 2019 | up 22.2% | rising |
| 6 | Tajikistan | 11 DB15-20 methodology | 2019 | up 1,000.0% | volatile |
| 6 | United States of America | 11 DB15-20 methodology | 2019 | unchanged | flat |
| 6 | Vanuatu | 11 DB15-20 methodology | 2019 | up 10.0% | rising |
| 6 | Kosovo | 11 DB15-20 methodology | 2019 | up 22.2% | rising |
| 6 | Zambia | 11 DB15-20 methodology | 2019 | up 57.1% | rising |
| 6 | Kosovo (UNSCR 1244) | 11 DB15-20 methodology | 2019 | up 22.2% | rising |
| 18 | Afghanistan | 10 DB15-20 methodology | 2019 | up 11.1% | rising |
| 18 | Costa Rica | 10 DB15-20 methodology | 2019 | up 400.0% | rising |
| 18 | Micronesia, Federated States of | 10 DB15-20 methodology | 2019 | unchanged | flat |
| 18 | Cambodia | 10 DB15-20 methodology | 2019 | unchanged | flat |
| 18 | Liberia | 10 DB15-20 methodology | 2019 | up 100.0% | rising |
| 18 | Mexico | 10 DB15-20 methodology | 2019 | up 42.9% | rising |
| 18 | Marshall Islands | 10 DB15-20 methodology | 2019 | unchanged | flat |
| 18 | Nepal | 10 DB15-20 methodology | 2019 | up 66.7% | rising |
| 18 | Palau | 10 DB15-20 methodology | 2019 | unchanged | flat |
| 18 | Solomon Islands | 10 DB15-20 methodology | 2019 | unchanged | flat |
| 18 | Tonga | 10 DB15-20 methodology | 2019 | unchanged | flat |
| 29 | Canada | 9 DB15-20 methodology | 2019 | unchanged | flat |
| 29 | Georgia | 9 DB15-20 methodology | 2019 | unchanged | flat |
| 29 | Guatemala | 9 DB15-20 methodology | 2019 | unchanged | flat |
| 29 | Hungary | 9 DB15-20 methodology | 2019 | up 50.0% | rising |
| 29 | India | 9 DB15-20 methodology | 2019 | up 50.0% | rising |
| 29 | Jamaica | 9 DB15-20 methodology | 2019 | up 50.0% | rising |
| 29 | Kyrgyzstan | 9 DB15-20 methodology | 2019 | up 12.5% | rising |
| 29 | Latvia | 9 DB15-20 methodology | 2019 | unchanged | flat |
| 29 | North Macedonia | 9 DB15-20 methodology | 2019 | up 50.0% | rising |
| 29 | Mongolia | 9 DB15-20 methodology | 2019 | up 80.0% | rising |
| 29 | Nigeria | 9 DB15-20 methodology | 2019 | up 50.0% | rising |
| 29 | Papua New Guinea | 9 DB15-20 methodology | 2019 | up 200.0% | rising |
| 29 | Romania | 9 DB15-20 methodology | 2019 | unchanged | flat |
| 29 | Russian Federation | 9 DB15-20 methodology | 2019 | up 125.0% | rising |
| 29 | El Salvador | 9 DB15-20 methodology | 2019 | up 200.0% | rising |
| 29 | Samoa | 9 DB15-20 methodology | 2019 | up 80.0% | rising |
| 45 | Albania | 8 DB15-20 methodology | 2019 | up 14.3% | rising |
| 45 | Belgium | 8 DB15-20 methodology | 2019 | up 100.0% | rising |
| 45 | Bulgaria | 8 DB15-20 methodology | 2019 | unchanged | flat |
| 45 | Djibouti | 8 DB15-20 methodology | 2019 | up 700.0% | volatile |
| 45 | Denmark | 8 DB15-20 methodology | 2019 | unchanged | flat |
| 45 | Hong Kong, China | 8 DB15-20 methodology | 2019 | up 14.3% | rising |
| 45 | Honduras | 8 DB15-20 methodology | 2019 | down 11.1% | falling |
| 45 | Kazakhstan | 8 DB15-20 methodology | 2019 | up 166.7% | rising |
| 45 | Republic of Moldova | 8 DB15-20 methodology | 2019 | unchanged | flat |
| 45 | Panama | 8 DB15-20 methodology | 2019 | up 100.0% | rising |
| 45 | Palestine, State of | 8 DB15-20 methodology | 2019 | — | volatile |
| 45 | Singapore | 8 DB15-20 methodology | 2019 | unchanged | flat |
| 45 | Ukraine | 8 DB15-20 methodology | 2019 | unchanged | flat |
| 45 | Viet Nam | 8 DB15-20 methodology | 2019 | up 14.3% | rising |
| 59 | Bosnia and Herzegovina | 7 DB15-20 methodology | 2019 | unchanged | flat |
| 59 | Cyprus | 7 DB15-20 methodology | 2019 | unchanged | flat |
| 59 | Czechia | 7 DB15-20 methodology | 2019 | up 40.0% | rising |
| 59 | Estonia | 7 DB15-20 methodology | 2019 | unchanged | flat |
| 59 | United Kingdom of Great Britain and Northern Ireland | 7 DB15-20 methodology | 2019 | unchanged | flat |
| 59 | Ireland | 7 DB15-20 methodology | 2019 | unchanged | flat |
| 59 | Malaysia | 7 DB15-20 methodology | 2019 | unchanged | flat |
| 59 | Peru | 7 DB15-20 methodology | 2019 | unchanged | flat |
| 59 | Poland | 7 DB15-20 methodology | 2019 | unchanged | flat |
| 59 | Slovakia | 7 DB15-20 methodology | 2019 | unchanged | flat |
| 59 | Sweden | 7 DB15-20 methodology | 2019 | unchanged | flat |
| 59 | Thailand | 7 DB15-20 methodology | 2019 | up 133.3% | rising |
| 59 | Trinidad and Tobago | 7 DB15-20 methodology | 2019 | up 16.7% | rising |
| 59 | Türkiye | 7 DB15-20 methodology | 2019 | up 250.0% | volatile |
| 73 | United Arab Emirates | 6 DB15-20 methodology | 2019 | up 200.0% | volatile |
| 73 | Armenia | 6 DB15-20 methodology | 2019 | up 50.0% | rising |
| 73 | Benin | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Burkina Faso | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Bahamas | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Barbados | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Central African Republic | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Switzerland | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Côte d'Ivoire | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Cameroon | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Congo, Democratic Republic of the | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Congo | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Comoros | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Germany | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Dominica | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Finland | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Gabon | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Ghana | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Guinea | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Gambia | 6 DB15-20 methodology | 2019 | up 50.0% | rising |
| 73 | Guinea-Bissau | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Equatorial Guinea | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Grenada | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Indonesia | 6 DB15-20 methodology | 2019 | up 50.0% | rising |
| 73 | Israel | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Lao People's Democratic Republic | 6 DB15-20 methodology | 2019 | up 200.0% | rising |
| 73 | Lithuania | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Mali | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Mauritius | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Niger | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Senegal | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Serbia | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Chad | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Togo | 6 DB15-20 methodology | 2019 | unchanged | flat |
| 73 | Uzbekistan | 6 DB15-20 methodology | 2019 | up 500.0% | rising |
| 73 | Zimbabwe | 6 DB15-20 methodology | 2019 | up 20.0% | rising |
| 109 | Antigua and Barbuda | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Bangladesh | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Botswana | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Egypt | 5 DB15-20 methodology | 2019 | up 150.0% | rising |
| 109 | Spain | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Fiji | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Croatia | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Japan | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Saint Kitts and Nevis | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Republic of Korea | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Saint Lucia | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Lesotho | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Namibia | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Norway | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Sierra Leone | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Tanzania, United Republic of | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Uganda | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | Saint Vincent and the Grenadines | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 109 | South Africa | 5 DB15-20 methodology | 2019 | unchanged | flat |
| 128 | Austria | 4 DB15-20 methodology | 2019 | unchanged | flat |
| 128 | Belize | 4 DB15-20 methodology | 2019 | unchanged | flat |
| 128 | Bhutan | 4 DB15-20 methodology | 2019 | unchanged | flat |
| 128 | Chile | 4 DB15-20 methodology | 2019 | unchanged | flat |
| 128 | France | 4 DB15-20 methodology | 2019 | unchanged | flat |
| 128 | Iceland | 4 DB15-20 methodology | 2019 | unchanged | flat |
| 128 | Kiribati | 4 DB15-20 methodology | 2019 | unchanged | flat |
| 128 | Eswatini | 4 DB15-20 methodology | 2019 | unchanged | flat |
| 128 | Uruguay | 4 DB15-20 methodology | 2019 | unchanged | flat |
| 137 | Bahrain | 3 DB15-20 methodology | 2019 | up 200.0% | volatile |
| 137 | Belarus | 3 DB15-20 methodology | 2019 | up 200.0% | volatile |
| 137 | China | 3 DB15-20 methodology | 2019 | unchanged | flat |
| 137 | Ethiopia | 3 DB15-20 methodology | 2019 | unchanged | flat |
| 137 | Guyana | 3 DB15-20 methodology | 2019 | unchanged | flat |
| 137 | Luxembourg | 3 DB15-20 methodology | 2019 | unchanged | flat |
| 137 | Saudi Arabia | 3 DB15-20 methodology | 2019 | up 200.0% | volatile |
| 137 | Sudan | 3 DB15-20 methodology | 2019 | unchanged | rising |
| 137 | Slovenia | 3 DB15-20 methodology | 2019 | unchanged | flat |
| 137 | Tunisia | 3 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Argentina | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Burundi | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Brazil | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Algeria | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Greece | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Haiti | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Iran, Islamic Republic of | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Italy | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Lebanon | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Sri Lanka | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Morocco | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Madagascar | 2 DB15-20 methodology | 2019 | up 100.0% | rising |
| 147 | Maldives | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Malta | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Myanmar | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Mauritania | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Nicaragua | 2 DB15-20 methodology | 2019 | up 100.0% | rising |
| 147 | Netherlands | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Pakistan | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Portugal | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | South Sudan | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Suriname | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Seychelles | 2 DB15-20 methodology | 2019 | unchanged | flat |
| 147 | Taiwan, China | 2 DB15-20 methodology | 2019 | down 50.0% | falling |
| 171 | Angola | 1 DB15-20 methodology | 2019 | unchanged | flat |
| 171 | Cape Verde | 1 DB15-20 methodology | 2019 | unchanged | flat |
| 171 | Dominican Republic | 1 DB15-20 methodology | 2019 | unchanged | flat |
| 171 | Ecuador | 1 DB15-20 methodology | 2019 | unchanged | flat |
| 171 | Kuwait | 1 DB15-20 methodology | 2019 | unchanged | flat |
| 171 | Mozambique | 1 DB15-20 methodology | 2019 | unchanged | flat |
| 171 | Oman | 1 DB15-20 methodology | 2019 | unchanged | flat |
| 171 | Philippines | 1 DB15-20 methodology | 2019 | unchanged | flat |
| 171 | Paraguay | 1 DB15-20 methodology | 2019 | down 50.0% | falling |
| 171 | Qatar | 1 DB15-20 methodology | 2019 | unchanged | flat |
| 171 | San Marino | 1 DB15-20 methodology | 2019 | unchanged | flat |
| 171 | Syrian Arab Republic | 1 DB15-20 methodology | 2019 | unchanged | flat |
| 171 | Venezuela, Bolivarian Republic of | 1 DB15-20 methodology | 2019 | unchanged | flat |
About this data
The strength of legal rights index measures whether certain features that facilitate lending exist within the applicable collateral and bankruptcy laws. The index ranges from 0 to 12 based on the methodology in the DB15-20 studies.