Saint Vincent and the Grenadines: Legal rights

* indicates monthly or quarterly data series
 Saint Vincent and the Grenadines

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

 Latest value 5.00
 Year 2019
 Measure points
 Data availability 2013 - 2019
 Average 5.00
 Min - Max 5.00 - 5.00
 Source The World Bank
The latest value from 2019 is 5 points, unchanged from 5 points in 2018. In comparison, the world average is 5.69 points, based on data from 186 countries. Historically, the average for Saint Vincent and the Grenadines from 2013 to 2019 is 5 points. The minimum value, 5 points, was reached in 2013 while the maximum of 5 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
Saint Vincent and the Grenadines - Legal rights - Recent values chart




The index of legal right for creditors and borrowers in Saint Vincent and the Grenadines 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 6.26 2020 interest rate points
 Non-performing loans 7.83 2021 percent
 Bank credit to deposits 66.85 2021 percent
 Regulatory capital to risk-weighted assets 19.32 2015 percent
 Banking system capital to assets 7.47 2015 percent
 Lending interest rate 7.16 2023 percent
 Real interest rate 3.01 2023 percent
 Legal rights 5.00 2019 points
 Credit information sharing 0.00 2019 points
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