Strength of Legal Rights Index by Country

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 12, with higher scores indicating that these laws are better designed to expand access to credit.

Strength Of Legal Rights Index by Country (0=weak to 12=strong)

Country	Country Code	2015	2016
Afghanistan	AFG	9	9
Albania	ALB	7	7
Algeria	DZA	2	2
American Samoa	ASM		N/A
Andorra	AND		N/A
Angola	AGO	1	1
Antigua and Barbuda	ATG	5	5
Arab World	ARB	1.57	N/A
Argentina	ARG	2	2
Armenia	ARM	5	7
Aruba	ABW		N/A
Australia	AUS	11	11
Austria	AUT	5	5
Azerbaijan	AZE	2	2
Bahamas, The	BHS	6	6
Bahrain	BHR	1	1
Bangladesh	BGD	5	5
Barbados	BRB	7	7
Belarus	BLR	2	2
Belgium	BEL	4	4
Belize	BLZ	4	4
Benin	BEN	6	6
Bermuda	BMU		N/A
Bhutan	BTN	4	4
Bolivia	BOL	0	0
Bosnia and Herzegovina	BIH	7	7
Botswana	BWA	5	5
Brazil	BRA	2	2
British Virgin Islands	VGB		N/A
Brunei Darussalam	BRN	4	5
Bulgaria	BGR	9	9
Burkina Faso	BFA	6	6
Burundi	BDI	2	2
Cabo Verde	CPV	2	2
Cambodia	KHM	11	11
Cameroon	CMR	6	6
Canada	CAN	9	9
Caribbean small states	CSS	5.46	N/A
Cayman Islands	CYM		N/A
Central African Republic	CAF	6	6
Central Europe and the Baltics	CEB	7.27	N/A
Chad	TCD	6	6
Channel Islands	CHI		N/A
Chile	CHL	4	4
China	CHN	4	4
Colombia	COL	12	12
Comoros	COM	6	6
Congo, Dem. Rep.	COD	6	6
Congo, Rep.	COG	6	6
Costa Rica	CRI	10	10
Cote d'Ivoire	CIV	6	6
Croatia	HRV	5	5
Cuba	CUB		N/A
Curacao	CUW		N/A
Cyprus	CYP	7	7
Czech Republic	CZE	7	7
Denmark	DNK	8	8
Djibouti	DJI	1	1
Dominica	DMA	6	6
Dominican Republic	DOM	1	1
Early-demographic dividend	EAR	4.36	N/A
East Asia & Pacific	EAS	6.45	N/A
East Asia & Pacific (excluding high income)	EAP	6.24	N/A
East Asia & Pacific (IDA & IBRD countries)	TEA	6.24	N/A
Ecuador	ECU	1	1
Egypt, Arab Rep.	EGY	2	2
El Salvador	SLV	9	9
Equatorial Guinea	GNQ	6	6
Eritrea	ERI	0	0
Estonia	EST	7	7
Ethiopia	ETH	3	3
Euro area	EMU	4.84	N/A
Europe & Central Asia	ECS	5.78	N/A
Europe & Central Asia (excluding high income)	ECA	6.30	N/A
Europe & Central Asia (IDA & IBRD countries)	TEC	6.27	N/A
European Union	EUU	5.75	N/A
Faroe Islands	FRO		N/A
Fiji	FJI	5	5
Finland	FIN	7	7
Fragile and conflict affected situations	FCS	4.36	N/A
France	FRA	4	4
French Polynesia	PYF		N/A
Gabon	GAB	6	6
Gambia, The	GMB	4	8
Georgia	GEO	9	9
Germany	DEU	6	6
Ghana	GHA	7	7
Gibraltar	GIB		N/A
Greece	GRC	3	3
Greenland	GRL		N/A
Grenada	GRD	6	6
Guam	GUM		N/A
Guatemala	GTM	9	9
Guinea	GIN	6	6
Guinea-Bissau	GNB	6	6
Guyana	GUY	3	3
Haiti	HTI	2	2
Heavily indebted poor countries (HIPC)	HPC	4.89	N/A
High income	HIC	5.36	N/A
Honduras	HND	9	9
Hong Kong SAR, China	HKG	8	8
Hungary	HUN	10	10
IBRD only	IBD	4.91	N/A
Iceland	ISL	5	5
IDA & IBRD total	IBT	5.03	N/A
IDA blend	IDB	4.56	N/A
IDA only	IDX	5.32	N/A
IDA total	IDA	5.13	N/A
India	IND	6	6
Indonesia	IDN	5	6
Iran, Islamic Rep.	IRN	2	2
Iraq	IRQ	1	1
Ireland	IRL	7	7
Isle of Man	IMN		N/A
Israel	ISR	6	6
Italy	ITA	2	2
Jamaica	JAM	9	9
Japan	JPN	4	4
Jordan	JOR	0	0
Kazakhstan	KAZ	4	4
Kenya	KEN	7	7
Kiribati	KIR	4	4
Korea, Dem. People's Rep.	PRK		N/A
Korea, Rep.	KOR	5	5
Kosovo	KSV	9	9
Kuwait	KWT	2	2
Kyrgyz Republic	KGZ	8	8
Lao PDR	LAO	6	6
Late-demographic dividend	LTE	5.56	N/A
Latin America & Caribbean	LCN	5.30	N/A
Latin America & Caribbean (excluding high income)	LAC	5.08	N/A
Latin America & the Caribbean (IDA & IBRD countries)	TLA	5.07	N/A
Latvia	LVA	9	9
Least developed countries: UN classification	LDC	4.83	N/A
Lebanon	LBN	2	2
Lesotho	LSO	5	5
Liberia	LBR	9	9
Libya	LBY	0	0
Liechtenstein	LIE		N/A
Lithuania	LTU	6	6
Low & middle income	LMY	5.00	N/A
Low income	LIC	5.14	N/A
Lower middle income	LMC	4.90	N/A
Luxembourg	LUX	3	3
Macao SAR, China	MAC		N/A
Macedonia, FYR	MKD	6	9
Madagascar	MDG	3	3
Malawi	MWI	5	9
Malaysia	MYS	7	7
Maldives	MDV	2	2
Mali	MLI	6	6
Malta	MLT	2	2
Marshall Islands	MHL	10	10
Mauritania	MRT	2	2
Mauritius	MUS	6	6
Mexico	MEX	10	10
Micronesia, Fed. Sts.	FSM	11	11
Middle East & North Africa	MEA	1.52	N/A
Middle East & North Africa (excluding high income)	MNA	1.15	N/A
Middle East & North Africa (IDA & IBRD countries)	TMN	1.25	N/A
Middle income	MIC	4.96	N/A
Moldova	MDA	8	8
Monaco	MCO		N/A
Mongolia	MNG	5	5
Montenegro	MNE	12	12
Morocco	MAR	2	2
Mozambique	MOZ	1	1
Myanmar	MMR	2	2
Namibia	NAM	5	5
Nauru	NRU		N/A
Nepal	NPL	6	6
Netherlands	NLD	3	3
New Caledonia	NCL		N/A
New Zealand	NZL	12	12
Nicaragua	NIC	1	1
Niger	NER	6	6
Nigeria	NGA	6	7
North America	NAC	10.00	N/A
Northern Mariana Islands	MNP		N/A
Norway	NOR	5	5
Not classified	INX		N/A
OECD members	OED	6.09	N/A
Oman	OMN	1	1
Other small states	OSS	4.00	N/A
Pacific island small states	PSS	8.33	N/A
Pakistan	PAK	3	3
Palau	PLW	10	10
Panama	PAN	7	7
Papua New Guinea	PNG	3	9
Paraguay	PRY	2	2
Peru	PER	8	8
Philippines	PHL	3	3
Poland	POL	7	7
Portugal	PRT	2	2
Post-demographic dividend	PST	5.97	N/A
Pre-demographic dividend	PRE	4.81	N/A
Puerto Rico	PRI	10	10
Qatar	QAT	1	1
Romania	ROU	10	10
Russian Federation	RUS	6	6
Rwanda	RWA	11	11
Samoa	WSM	5	5
San Marino	SMR	1	1
Sao Tome and Principe	STP	0	0
Saudi Arabia	SAU	2	2
Senegal	SEN	6	6
Serbia	SRB	6	6
Seychelles	SYC	2	2
Sierra Leone	SLE	5	5
Singapore	SGP	8	8
Sint Maarten (Dutch part)	SXM		N/A
Slovak Republic	SVK	7	7
Slovenia	SVN	3	3
Small states	SST	5.21	N/A
Solomon Islands	SLB	10	10
Somalia	SOM	0	0
South Africa	ZAF	5	5
South Asia	SAS	4.88	N/A
South Asia (IDA & IBRD)	TSA	4.88	N/A
South Sudan	SSD	2	2
Spain	ESP	5	5
Sri Lanka	LKA	2	2
St. Kitts and Nevis	KNA	5	5
St. Lucia	LCA	5	5
St. Martin (French part)	MAF		N/A
St. Vincent and the Grenadines	VCT	5	5
Sub-Saharan Africa	SSF	4.87	N/A
Sub-Saharan Africa (excluding high income)	SSA	4.93	N/A
Sub-Saharan Africa (IDA & IBRD countries)	TSS	4.87	N/A
Sudan	SDN	3	3
Suriname	SUR	2	2
Eswatini(Swaziland)	SWZ	4	4
Sweden	SWE	6	6
Switzerland	CHE	6	6
Syrian Arab Republic	SYR	1	1
Tajikistan	TJK	1	1
Tanzania	TZA	5	5
Thailand	THA	3	3
Timor-Leste	TLS	0	0
Togo	TGO	6	6
Tonga	TON	10	10
Trinidad and Tobago	TTO	7	7
Tunisia	TUN	3	3
Turkey	TUR	3	3
Turkmenistan	TKM		N/A
Turks and Caicos Islands	TCA		N/A
Tuvalu	TUV		N/A
Uganda	UGA	6	6
Ukraine	UKR	8	8
United Arab Emirates	ARE	2	2
United Kingdom	GBR	7	7
United States	USA	11	11
Upper middle income	UMC	5.02	N/A
Uruguay	URY	4	4
Uzbekistan	UZB	6	6
Vanuatu	VUT	10	11
Venezuela, RB	VEN	1	1
Vietnam	VNM	7	7
Virgin Islands (U.S.)	VIR		N/A
West Bank and Gaza	PSE	0	0
World	WLD	5.11	N/A
Yemen, Rep.	YEM	0	0
Zambia	ZMB	7	7
Zimbabwe	ZWE	5	5

Last Updated on : November 19, 2016