Iceland: Legal rights

* indicates monthly or quarterly data series
 Iceland

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

 Latest value 4.00
 Year 2019
 Measure points
 Data availability 2013 - 2019
 Average 4.00
 Min - Max 4.00 - 4.00
 Source The World Bank
The latest value from 2019 is 4 points, unchanged from 4 points in 2018. In comparison, the world average is 5.69 points, based on data from 186 countries. Historically, the average for Iceland from 2013 to 2019 is 4 points. The minimum value, 4 points, was reached in 2013 while the maximum of 4 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
Iceland - Legal rights - Recent values chart




The index of legal right for creditors and borrowers in Iceland 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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 Regulatory capital to risk-weighted assets 24.92 2020 percent
 Return on assets 2.33 2021 percent
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 Banking system z-scores 1.28 2021 index points
 Liquid assets to deposits 40.45 2021 percent
 Banking system capital to assets 15.74 2020 percent
 Non-interest income to total income 35.14 2021 percent
 Lending interest rate 11.53 2023 percent
 Real interest rate 5.32 2023 percent
 Legal rights 4.00 2019 points
 Credit information sharing 7.00 2019 points
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