Liechtenstein: Legal rights

The latest value from 2019 is 3 points, unchanged from 3 points in 2018. In comparison, the world average is 5.69 points, based on data from 186 countries. Historically, the average for Liechtenstein from 2018 to 2019 is 3 points. The minimum value, 3 points, was reached in 2018 while the maximum of 3 points was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.

The index of legal right for creditors and borrowers in Liechtenstein 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.