High income OECD countries Compared by Economy > Debt > Strength of legal rights index > 0=weak to 10=strong
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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 | New Zealand | 10 | 2013 | ||
| =1 | United Kingdom | 10 | 2013 | ||
| =1 | Australia | 10 | 2013 | ||
| =4 | Poland | 9 | 2013 | ||
| =4 | United States | 9 | 2013 | ||
| =4 | Israel | 9 | 2013 | ||
| =4 | Denmark | 9 | 2013 | ||
| =4 | Ireland | 9 | 2013 | ||
| =9 | South Korea | 8 | 2013 | ||
| =9 | Slovakia | 8 | 2013 | ||
| =9 | Finland | 8 | 2013 | ||
| =9 | Sweden | 8 | 2013 | ||
| =9 | Switzerland | 8 | 2013 | ||
| =14 | Iceland | 7 | 2013 | ||
| =14 | Germany | 7 | 2013 | ||
| =14 | Canada | 7 | 2013 | ||
| =14 | France | 7 | 2013 | ||
| =14 | Estonia | 7 | 2013 | ||
| =14 | Austria | 7 | 2013 | ||
| =14 | Japan | 7 | 2013 | ||
| =21 | Belgium | 6 | 2013 | ||
| =21 | Norway | 6 | 2013 | ||
| =21 | Spain | 6 | 2013 | ||
| =21 | Czech Republic | 6 | 2013 | ||
| =21 | Chile | 6 | 2013 | ||
| 26 | Netherlands | 5 | 2013 | ||
| =27 | Luxembourg | 4 | 2013 | ||
| =27 | Greece | 4 | 2013 | ||
| =27 | Slovenia | 4 | 2013 | ||
| =30 | Italy | 3 | 2013 | ||
| =30 | Portugal | 3 | 2013 |
Citation
Interesting observations about Economy > Debt > Strength of legal rights index > 0=weak to 10=strong
- Australia ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Hot countries in 2013.
- United Kingdom ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Europe in 2013.
- Malaysia ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Muslim countries in 2013.
- New Zealand ranked first for debt > strength of legal rights index > 0=weak to 10=strong globally in 2013.
- Singapore ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Heavily indebted countries in 2013.
- Kenya ranked second for debt > strength of legal rights index > 0=weak to 10=strong amongst Christian countries in 2013.
- Israel ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Middle Eastern and North Africa in 2013.
- Palau ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Catholic countries in 2013.
- Latvia ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Emerging markets in 2013.
- Kyrgyzstan ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Landlocked countries in 2013.