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 22 countries was 6.82 points. The highest value was in Puerto Rico: 12 points and the lowest value was in Dominican Republic: 1 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 |
USA | 11 | 2 | 2013 - 2019 |
Costa Rica | 10 | 3 | 2013 - 2019 |
Mexico | 10 | 4 | 2013 - 2019 |
Canada | 9 | 5 | 2013 - 2019 |
El Salvador | 9 | 6 | 2013 - 2019 |
Guatemala | 9 | 7 | 2013 - 2019 |
Jamaica | 9 | 8 | 2013 - 2019 |
Honduras | 8 | 9 | 2013 - 2019 |
Panama | 8 | 10 | 2013 - 2019 |
Tr.&Tobago | 7 | 11 | 2013 - 2019 |
Bahamas | 6 | 12 | 2013 - 2019 |
Barbados | 6 | 13 | 2013 - 2019 |
Dominica | 6 | 14 | 2013 - 2019 |
Grenada | 6 | 15 | 2013 - 2019 |
Ant.& Barb. | 5 | 16 | 2013 - 2019 |
Saint Lucia | 5 | 17 | 2013 - 2019 |
St. Vincent & ... | 5 | 18 | 2013 - 2019 |
Belize | 4 | 19 | 2013 - 2019 |
Haiti | 2 | 20 | 2013 - 2019 |
Nicaragua | 2 | 21 | 2013 - 2019 |
Domin. Rep. | 1 | 22 | 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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