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
 Year 2020
 Measure points
 Data availability 2014 - 2020
 Average 6
 Min - Max 6 - 6
 Source The World Bank
For that indicator, we provide data for the Republic of the Congo from 2014 to 2020. The average value for the Republic of the Congo during that period was 6 points with a minimum of 6 points in 2014 and a maximum of 6 points in 2014. The latest value from 2020 is 6 points. For comparison, the world average in 2020 based on 186 countries is 5.69 points. 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 values chart
Republic of the Congo - Legal rights - recent values

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.

 Related indicators Latest value 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 2020 points
 Credit information sharing 2.00 2019 points
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