Eritrea: Legal rights

* indicates monthly or quarterly data series
 Eritrea

Index of legal rights for creditors and borrowers (0 = weak to 12 = strong)

 Latest value 0.00
 Year 2019
 Measure points
 Data availability 2013 - 2019
 Average 0.00
 Min - Max 0.00 - 0.00
 Source The World Bank
The latest value from 2019 is 0 points, unchanged from 0 points in 2018. In comparison, the world average is 5.69 points, based on data from 186 countries. Historically, the average for Eritrea from 2013 to 2019 is 0 points. The minimum value, 0 points, was reached in 2013 while the maximum of 0 points was recorded in 2013. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Eritrea - Legal rights - Recent values chart




The index of legal right for creditors and borrowers in Eritrea ranges from 0 (no rights) to 12 (strong rights). Stronger legal rights such as efficient bankruptcy procedures, rules for financial disclosure, clear property rights, etc. facilitate lending.
Definition: 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 Doing Business 15-20 studies.

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 Related indicators Latest Reference Measure
 Bank credit to deposits 14.38 2014 percent
 Legal rights 0.00 2019 points
 Credit information sharing 0.00 2019 points
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