World - Time required to enforce a contract

Time required to enforce a contract (days)

Time required to enforce a contract (days) in World was 649.70 as of 2019. Its highest value over the past 16 years was 653.88 in 2016, while its lowest value was 606.59 in 2003.

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 606.59
2004 619.66
2005 636.05
2006 633.63
2007 630.89
2008 634.88
2009 627.95
2010 626.69
2011 633.42
2012 639.31
2013 649.00
2014 652.86
2015 652.07
2016 653.88
2017 651.75
2018 651.59
2019 649.70

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment