Venezuela - Strength of legal rights index

Strength of legal rights index (0=weak to 12=strong)

The value for Strength of legal rights index (0=weak to 12=strong) in Venezuela was 1.000 as of 2019. As the graph below shows, over the past 6 years this indicator reached a maximum value of 1.000 in 2019 and a minimum value of 1.000 in 2013.

Definition: Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 12, with higher scores indicating that these laws are better designed to expand access to credit.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

2013
2014
2014
2015
2015
2016
2016
2017
2017
2018
2018
2019
2019
0.000
0.200
0.400
0.600
0.800
1.000
1.200
Year Value
2013 1.000
2014 1.000
2015 1.000
2016 1.000
2017 1.000
2018 1.000
2019 1.000

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment