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 12 countries was 3.17 points. The highest value was in Colombia: 11 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 |
|---|---|---|---|
| Colombia | 11 | 1 | - |
| Peru | 7 | 2 | - |
| Chile | 4 | 3 | - |
| Uruguay | 4 | 4 | - |
| Guyana | 3 | 5 | - |
| Argentina | 2 | 6 | - |
| Brazil | 2 | 7 | - |
| Suriname | 2 | 8 | - |
| Ecuador | 1 | 9 | - |
| Paraguay | 1 | 10 | - |
| Venezuela | 1 | 11 | - |
| Bolivia | 0 | 12 | - |
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.
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The unholy trinity of international finance
Most commonly used measures of corruption
All articles
11.00
7.00
4.00
4.00
3.00
2.00
2.00
2.00
1.00
1.00
1.00
0.00
0
2.8
5.5
8.3
11
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 Australia/Oceania 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