Taiwan: Legal rights
* indicates monthly or quarterly data series
Taiwan |
Index of legal rights for creditors and borrowers (0 = weak to 12 = strong) |
---|---|
Latest value | 2.00 |
Year | 2019 |
Measure | points |
Data availability | 2013 - 2019 |
Average | 2.86 |
Min - Max | 2.00 - 4.00 |
Source | The World Bank |
The latest value from 2019 is 2 points, unchanged from 2 points in 2018. In comparison, the world average is 5.69 points, based on data from 186 countries. Historically, the average for Taiwan from 2013 to 2019 is 2.86 points. The minimum value, 2 points, was reached in 2016 while the maximum of 4 points was recorded in 2013.
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Recent data
The index of legal right for creditors and borrowers in Taiwan 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 |
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Bank cost to income ratio | 61.71 | 2021 | percent |
Bank overhead cost | 1.08 | 2021 | percent |
Net interest margin | 1.00 | 2021 | percent |
Return on assets | 0.59 | 2021 | percent |
Return on equity | 8.11 | 2021 | percent |
Banking system z-scores | 17.83 | 2021 | index points |
Liquid assets to deposits | 28.60 | 2021 | percent |
Non-interest income to total income | 48.35 | 2021 | percent |
Legal rights | 2.00 | 2019 | points |