* indicates monthly or quarterly data series

Index of legal rights for creditors and borrowers (0 = weak to 12 = strong), 2019:

The average for 2019 based on 186 countries was 5.69 points. The highest value was in Azerbaijan: 12 points and the lowest value was in Bolivia: 0 points. The indicator is available from 2013 to 2019. Below is a chart for all countries where data are available.

Measure: points; Source: The World Bank
Select indicator
* indicates monthly or quarterly data series


Countries Legal rights, 2019 Global rank Available data
Azerbaijan 12 1 2013 - 2019
Brunei 12 2 2013 - 2019
Montenegro 12 3 2013 - 2019
New Zealand 12 4 2013 - 2019
Puerto Rico 12 5 2013 - 2019
Australia 11 6 2013 - 2019
Colombia 11 7 2013 - 2019
Jordan 11 8 2013 - 2019
Kenya 11 9 2013 - 2019
Malawi 11 10 2013 - 2019
Rwanda 11 11 2013 - 2019
Tajikistan 11 12 2013 - 2019
USA 11 13 2013 - 2019
Vanuatu 11 14 2013 - 2019
Zambia 11 15 2013 - 2019
Afghanistan 10 16 2013 - 2019
Cambodia 10 17 2013 - 2019
Costa Rica 10 18 2013 - 2019
Liberia 10 19 2013 - 2019
Mexico 10 20 2013 - 2019
Micronesia 10 21 2013 - 2019
Nepal 10 22 2013 - 2019
Palau 10 23 2013 - 2019
Solomon Isl. 10 24 2013 - 2019
Tonga 10 25 2013 - 2019
Canada 9 26 2013 - 2019
El Salvador 9 27 2013 - 2019
Georgia 9 28 2013 - 2019
Guatemala 9 29 2013 - 2019
Hungary 9 30 2013 - 2019
India 9 31 2013 - 2019
Jamaica 9 32 2013 - 2019
Kyrgyzstan 9 33 2013 - 2019
Latvia 9 34 2013 - 2019
Mongolia 9 35 2013 - 2019
Nigeria 9 36 2013 - 2019
North Macedonia 9 37 2013 - 2019
Papua N.G. 9 38 2013 - 2019
Romania 9 39 2013 - 2019
Russia 9 40 2013 - 2019
Samoa 9 41 2013 - 2019
Albania 8 42 2013 - 2019
Belgium 8 43 2013 - 2019
Bulgaria 8 44 2013 - 2019
Denmark 8 45 2013 - 2019
Djibouti 8 46 2013 - 2019
Honduras 8 47 2013 - 2019
Hong Kong 8 48 2013 - 2019
Kazakhstan 8 49 2013 - 2019
Moldova 8 50 2013 - 2019
Palestine 8 51 2013 - 2019
Panama 8 52 2013 - 2019
Singapore 8 53 2013 - 2019
Ukraine 8 54 2013 - 2019
Vietnam 8 55 2013 - 2019
Bosnia & Herz. 7 56 2013 - 2019
Cyprus 7 57 2013 - 2019
Czechia 7 58 2013 - 2019
Estonia 7 59 2013 - 2019
Ireland 7 60 2013 - 2019
Malaysia 7 61 2013 - 2019
Peru 7 62 2013 - 2019
Poland 7 63 2013 - 2019
Slovakia 7 64 2013 - 2019
Sweden 7 65 2013 - 2019
Thailand 7 66 2013 - 2019
Tr.&Tobago 7 67 2013 - 2019
Turkey 7 68 2013 - 2019
UK 7 69 2013 - 2019
Armenia 6 70 2013 - 2019
Bahamas 6 71 2013 - 2019
Barbados 6 72 2013 - 2019
Benin 6 73 2013 - 2019
Burkina Faso 6 74 2013 - 2019
Cameroon 6 75 2013 - 2019
C.A. Republic 6 76 2013 - 2019
Chad 6 77 2013 - 2019
Comoros 6 78 2013 - 2019
DR Congo 6 79 2013 - 2019
Dominica 6 80 2013 - 2019
Eq. Guinea 6 81 2013 - 2019
Finland 6 82 2013 - 2019
Gabon 6 83 2013 - 2019
Gambia 6 84 2013 - 2019
Germany 6 85 2013 - 2019
Ghana 6 86 2013 - 2019
Grenada 6 87 2013 - 2019
Guinea 6 88 2013 - 2019
G.-Bissau 6 89 2013 - 2019
Indonesia 6 90 2013 - 2019
Israel 6 91 2013 - 2019
Ivory Coast 6 92 2013 - 2019
Laos 6 93 2013 - 2019
Lithuania 6 94 2013 - 2019
Mali 6 95 2013 - 2019
Mauritius 6 96 2013 - 2019
Niger 6 97 2013 - 2019
R. of Congo 6 98 2013 - 2019
Senegal 6 99 2013 - 2019
Serbia 6 100 2013 - 2019
Switzerland 6 101 2013 - 2019
Togo 6 102 2013 - 2019
UA Emirates 6 103 2013 - 2019
Uzbekistan 6 104 2013 - 2019
Zimbabwe 6 105 2013 - 2019
Ant.& Barb. 5 106 2013 - 2019
Bangladesh 5 107 2013 - 2019
Botswana 5 108 2013 - 2019
Croatia 5 109 2013 - 2019
Egypt 5 110 2013 - 2019
Fiji 5 111 2013 - 2019
Japan 5 112 2013 - 2019
Lesotho 5 113 2013 - 2019
Namibia 5 114 2013 - 2019
Norway 5 115 2013 - 2019
Saint Lucia 5 116 2013 - 2019
St. Vincent & ... 5 117 2013 - 2019
Sierra Leone 5 118 2013 - 2019
South Africa 5 119 2013 - 2019
South Korea 5 120 2013 - 2019
Spain 5 121 2013 - 2019
Tanzania 5 122 2013 - 2019
Uganda 5 123 2013 - 2019
Austria 4 124 2013 - 2019
Belize 4 125 2013 - 2019
Bhutan 4 126 2013 - 2019
Chile 4 127 2013 - 2019
France 4 128 2013 - 2019
Iceland 4 129 2013 - 2019
Kiribati 4 130 2013 - 2019
Swaziland 4 131 2013 - 2019
Uruguay 4 132 2013 - 2019
Bahrain 3 133 2013 - 2019
Belarus 3 134 2013 - 2019
China 3 135 2013 - 2019
Ethiopia 3 136 2013 - 2019
Guyana 3 137 2013 - 2019
Liechtenstein 3 138 2018 - 2019
Luxembourg 3 139 2013 - 2019
Saudi Arabia 3 140 2013 - 2019
Slovenia 3 141 2013 - 2019
Sudan 3 142 2013 - 2019
Tunisia 3 143 2013 - 2019
Algeria 2 144 2013 - 2019
Argentina 2 145 2013 - 2019
Brazil 2 146 2013 - 2019
Burma 2 147 2013 - 2019
Burundi 2 148 2013 - 2019
Greece 2 149 2013 - 2019
Haiti 2 150 2013 - 2019
Iran 2 151 2013 - 2019
Italy 2 152 2013 - 2019
Lebanon 2 153 2013 - 2019
Madagascar 2 154 2013 - 2019
Maldives 2 155 2013 - 2019
Malta 2 156 2013 - 2019
Mauritania 2 157 2013 - 2019
Morocco 2 158 2013 - 2019
Netherlands 2 159 2013 - 2019
Nicaragua 2 160 2013 - 2019
Pakistan 2 161 2013 - 2019
Portugal 2 162 2013 - 2019
Seychelles 2 163 2013 - 2019
Sri Lanka 2 164 2013 - 2019
Suriname 2 165 2013 - 2019
Taiwan 2 166 2013 - 2019
Angola 1 167 2013 - 2019
Cape Verde 1 168 2013 - 2019
Domin. Rep. 1 169 2013 - 2019
Ecuador 1 170 2013 - 2019
Kuwait 1 171 2013 - 2019
Mozambique 1 172 2013 - 2019
Oman 1 173 2013 - 2019
Paraguay 1 174 2013 - 2019
Philippines 1 175 2013 - 2019
Qatar 1 176 2013 - 2019
San Marino 1 177 2013 - 2019
Syria 1 178 2013 - 2019
Venezuela 1 179 2013 - 2019
Bolivia 0 180 2013 - 2019
Eritrea 0 181 2013 - 2019
Iraq 0 182 2013 - 2019
Libya 0 183 2013 - 2019
S.T.&Principe 0 184 2013 - 2019
Somalia 0 185 2015 - 2019
Yemen 0 186 2013 - 2019



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 articles

Benefits of the financial system for the economy

Financial development and economic development

12.00
12.00
12.00
12.00
12.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
10.00
9.00
9.00
9.00
9.00
9.00
9.00
9.00
9.00
9.00
9.00
9.00
9.00
9.00
9.00
9.00
9.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
8.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
7.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
6.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
5.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
3.00
3.00
3.00
3.00
3.00
3.00
3.00
3.00
3.00
3.00
3.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0
3
6
9
12
This site uses cookies.
Learn more here


OK