Republic of the Congo: Legal rights
* indicates monthly or quarterly data series
| Republic of the Congo |
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 the Republic of the Congo 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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Recent data
The index of legal right for creditors and borrowers in the Republic of the Congo 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 cost to income ratio | 55.72 | 2011 | percent |
| Non-performing loans | 16.85 | 2021 | percent |
| Bank credit to deposits | 83.59 | 2019 | percent |
| Regulatory capital to risk-weighted assets | 24.92 | 2020 | percent |
| Liquid assets to deposits | 59.44 | 2011 | percent |
| Banking system capital to assets | 17.03 | 2020 | percent |
| Non-interest income to total income | 68.02 | 2011 | percent |
| Legal rights | 6.00 | 2019 | points |
| Credit information sharing | 2.00 | 2019 | points |