Legal rights - Country rankings
* 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 11 countries was 9.18 points. The highest value was in New Zealand: 12 points and the lowest value was in Kiribati: 4 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 |
---|---|---|---|
New Zealand | 12 | 1 | 2013 - 2019 |
Australia | 11 | 2 | 2013 - 2019 |
Vanuatu | 11 | 3 | 2013 - 2019 |
Micronesia | 10 | 4 | 2013 - 2019 |
Palau | 10 | 5 | 2013 - 2019 |
Solomon Isl. | 10 | 6 | 2013 - 2019 |
Tonga | 10 | 7 | 2013 - 2019 |
Papua N.G. | 9 | 8 | 2013 - 2019 |
Samoa | 9 | 9 | 2013 - 2019 |
Fiji | 5 | 10 | 2013 - 2019 |
Kiribati | 4 | 11 | 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.
Selected articles from our guide:
Are trade deficits bad for the economy?
Sources of economic growth
Currency values and investment returns
How to write an economics research paper
All articles
12.00
11.00
11.00
10.00
10.00
10.00
10.00
9.00
9.00
5.00
4.00
0
3
6
9
12
Legal rights around the world Legal rights in Europe Legal rights in Asia Legal rights in Africa Legal rights in North America Legal rights in South America Legal rights in the European union Legal rights in Sub Sahara Africa Legal rights in MENA Legal rights in South East Asia Legal rights in Latin America