IBRD only - Time required to enforce a contract

Time required to enforce a contract (days)

Time required to enforce a contract (days) in IBRD only was 683.50 as of 2019. Its highest value over the past 16 years was 687.25 in 2016, while its lowest value was 647.25 in 2004.

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 660.33
2004 647.25
2005 677.87
2006 669.85
2007 670.11
2008 673.62
2009 667.61
2010 665.87
2011 671.39
2012 676.58
2013 682.70
2014 683.14
2015 685.76
2016 687.25
2017 683.95
2018 683.52
2019 683.50

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment