Nicaragua - Time required to enforce a contract

Time required to enforce a contract (days)

Time required to enforce a contract (days) in Nicaragua was 490.00 as of 2019. Its highest value over the past 16 years was 590.00 in 2003, while its lowest value was 409.00 in 2011.

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 590.00
2004 540.00
2005 540.00
2006 540.00
2007 540.00
2008 540.00
2009 540.00
2010 540.00
2011 409.00
2012 409.00
2013 519.00
2014 519.00
2015 519.00
2016 490.00
2017 490.00
2018 490.00
2019 490.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment