Legal rights - country data from around the world:
The average for 2016 was 5.21 points.The highest value was in Colombia: 12 points and the lowest value was in Bolivia: 0 points. Below is a chart for all countries where data are available for: Legal rights.
Definition: Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 12, with higher scores indicating that these laws are better designed to expand access to credit.