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 20 countries was 5.2 points. The highest value was in Puerto Rico: 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
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* indicates monthly or quarterly data series
Countries | Legal rights, 2019 | Global rank | Available data |
---|---|---|---|
Puerto Rico | 12 | 1 | 2013 - 2019 |
Colombia | 11 | 2 | 2013 - 2019 |
Costa Rica | 10 | 3 | 2013 - 2019 |
Mexico | 10 | 4 | 2013 - 2019 |
El Salvador | 9 | 5 | 2013 - 2019 |
Guatemala | 9 | 6 | 2013 - 2019 |
Honduras | 8 | 7 | 2013 - 2019 |
Panama | 8 | 8 | 2013 - 2019 |
Peru | 7 | 9 | 2013 - 2019 |
Chile | 4 | 10 | 2013 - 2019 |
Uruguay | 4 | 11 | 2013 - 2019 |
Argentina | 2 | 12 | 2013 - 2019 |
Brazil | 2 | 13 | 2013 - 2019 |
Haiti | 2 | 14 | 2013 - 2019 |
Nicaragua | 2 | 15 | 2013 - 2019 |
Domin. Rep. | 1 | 16 | 2013 - 2019 |
Ecuador | 1 | 17 | 2013 - 2019 |
Paraguay | 1 | 18 | 2013 - 2019 |
Venezuela | 1 | 19 | 2013 - 2019 |
Bolivia | 0 | 20 | 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:
The unholy trinity of international finance
Most commonly used measures of corruption
All articles
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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 Australia/Oceania Legal rights in the European union Legal rights in Sub Sahara Africa Legal rights in MENA Legal rights in South East Asia