Former Spanish colonies Compared by Economy > Debt > Strength of legal rights index > 0=weak to 10=strong
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- 0=weak to 10=strong
DEFINITION:
Strength of legal rights index (0=weak to 10=strong). Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 10, with higher scores indicating that these laws are better designed to expand access to credit.
CONTENTS
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| # | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
|---|---|---|---|---|---|
| =1 | Guatemala | 8 | 2013 | ||
| =1 | Honduras | 8 | 2013 | ||
| 3 | Peru | 7 | 2013 | ||
| =4 | Mexico | 6 | 2013 | ||
| =4 | Equatorial Guinea | 6 | 2013 | ||
| =4 | Chile | 6 | 2013 | ||
| =7 | Panama | 5 | 2013 | ||
| =7 | El Salvador | 5 | 2013 | ||
| =7 | Colombia | 5 | 2013 | ||
| =10 | Argentina | 4 | 2013 | ||
| =10 | Uruguay | 4 | 2013 | ||
| =10 | Philippines | 4 | 2013 | ||
| =13 | Nicaragua | 3 | 2013 | ||
| =13 | Paraguay | 3 | 2013 | ||
| =13 | Ecuador | 3 | 2013 | ||
| =13 | Costa Rica | 3 | 2013 | ||
| =13 | Dominican Republic | 3 | 2013 | ||
| 18 | Venezuela | 2 | 2013 | ||
| 19 | Bolivia | 1 | 2013 |