Vanuatu: Legal rights

* indicates monthly or quarterly data series

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

 Latest value 11
 Year 2020
 Measure points
 Data availability 2014 - 2020
 Average 10.57
 Min - Max 10 - 11
 Source The World Bank
For that indicator, we provide data for Vanuatu from 2014 to 2020. The average value for Vanuatu during that period was 10.57 points with a minimum of 10 points in 2014 and a maximum of 11 points in 2017. The latest value from 2020 is 11 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
Vanuatu - Legal rights - recent values

The index of legal right for creditors and borrowers in Vanuatu 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
 Lending-deposit interest rate spread 1.88 2020 interest rate points
 Non-performing loans 15.05 2017 percent
 Bank credit to deposits 68.93 2021 percent
 Regulatory capital to risk-weighted assets 18.69 2018 percent
 Banking system capital to assets 10.38 2018 percent
 Lending interest rate 8.81 2022 percent
 Real interest rate -3.23 2022 percent
 Legal rights 11.00 2020 points
 Credit information sharing 4.00 2019 points
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