Guinea-Bissau: Legal rights
* indicates monthly or quarterly data series
| Guinea-Bissau |
Index of legal rights for creditors and borrowers (0 = weak to 12 = strong) |
|---|---|
| Latest value | 6.00 |
| Year | 2019 |
| Measure | points |
| Data availability | 2013 - 2019 |
| Average | 6.00 |
| Min - Max | 6.00 - 6.00 |
| Source | The World Bank |
The latest value from 2019 is 6 points, unchanged from 6 points in 2018. In comparison, the world average is 5.69 points, based on data from 186 countries. Historically, the average for Guinea-Bissau from 2013 to 2019 is 6 points. The minimum value, 6 points, was reached in 2013 while the maximum of 6 points was recorded in 2013.
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* indicates monthly or quarterly data series
Recent data
The index of legal right for creditors and borrowers in Guinea-Bissau 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 |
|---|---|---|---|
| Lending-deposit interest rate spread | 2.76 | 2005 | interest rate points |
| Bank credit to deposits | 78.35 | 2021 | percent |
| Lending interest rate | 5.14 | 2017 | percent |
| Real interest rate | 2.51 | 2016 | percent |
| Legal rights | 6.00 | 2019 | points |
| Credit information sharing | 0.00 | 2019 | points |