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High income OECD countries Compared by Economy > Entrepreneurship > Enforcing Contracts > Index ranking

DEFINITION: Indicators on enforcing contracts measure the efficiency of the judicial (or administrative) system in the collection of overdue debt. The data are built by following the step-by-step evolution of a payment dispute either before local courts or through an administrative process, if such a process is available and preferred by creditors. The data are collected through study of the codes of civil procedures and other court regulations as well as surveys of local litigation lawyers. At least 2 lawyers participate in each country, and in a quarter of the countries judges also complete the survey. To ensure comparability, survey respondents are provided with significant detail, including the amount of the claim, the location and main characteristics of the litigants, the presence of city regulations, the nature of the remedy requested by the plaintiff, the merit of the plaintiff ’s and the defendant’s claims and the social implications of the judicial outcomes. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH
1 Poland 104 2005
2 Israel 103 2005
3 Slovenia 85 2005
4 Slovakia 81 2005
5 Italy 76 2005
6 Portugal 46 2005
7 Chile 41 2005
8 Austria 35 2005
9 Canada 34 2005
10 Ireland 32 2005
11 United Kingdom 30 2005
12 Germany 25 2005
13 Spain 24 2005
14 Finland 23 2005
15 Czech Republic 21 2005
16 Netherlands 20 2005
17 Estonia 19 2005
18 South Korea 18 2005
19 Belgium 17 2005
20 Sweden 14 2005
21 France 13 2005
22 Australia 12 2005
23 United States 10 2005
24 Switzerland 9 2005
25 Greece 8 2005
26 Iceland 5 2005
27 New Zealand 4 2005
28 Japan 3 2005
29 Denmark 2 2005
30 Norway 1 2005

Citation

High income OECD countries Compared by Economy > Entrepreneurship > Enforcing Contracts > Index ranking

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