Latin America and Caribbean 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 | Dominica | 9 | 2013 | ||
| =1 | Barbados | 9 | 2013 | ||
| =1 | The Bahamas | 9 | 2013 | ||
| =1 | Trinidad and Tobago | 9 | 2013 | ||
| =5 | Guatemala | 8 | 2013 | ||
| =5 | Jamaica | 8 | 2013 | ||
| =5 | Honduras | 8 | 2013 | ||
| =8 | Belize | 7 | 2013 | ||
| =8 | Saint Vincent and the Grenadines | 7 | 2013 | ||
| =8 | Saint Lucia | 7 | 2013 | ||
| =8 | Peru | 7 | 2013 | ||
| =8 | Saint Kitts and Nevis | 7 | 2013 | ||
| =8 | Grenada | 7 | 2013 | ||
| =8 | Antigua and Barbuda | 7 | 2013 | ||
| =15 | Mexico | 6 | 2013 | ||
| =15 | Chile | 6 | 2013 | ||
| =17 | Panama | 5 | 2013 | ||
| =17 | El Salvador | 5 | 2013 | ||
| =17 | Colombia | 5 | 2013 | ||
| =20 | Uruguay | 4 | 2013 | ||
| =20 | Guyana | 4 | 2013 | ||
| =20 | Suriname | 4 | 2013 | ||
| =20 | Argentina | 4 | 2013 | ||
| =24 | Haiti | 3 | 2013 | ||
| =24 | Brazil | 3 | 2013 | ||
| =24 | Paraguay | 3 | 2013 | ||
| =24 | Ecuador | 3 | 2013 | ||
| =24 | Costa Rica | 3 | 2013 | ||
| =24 | Dominican Republic | 3 | 2013 | ||
| =24 | Nicaragua | 3 | 2013 | ||
| 31 | Venezuela | 2 | 2013 | ||
| 32 | Bolivia | 1 | 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.
