Index Of Legal Rights For Creditors And Borrowers

Global Ranking

(0 = weak to 12 = strong)Source: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1 ↑	Azerbaijan	12	2020	39	8
1	Puerto Rico	12	2020	1	12
1	New Zealand	12	2020	1	12
1	Brunei	12	2020	1	12
1	Montenegro	12	2020	1	12
6 ↓	Malawi	11	2020	5	11
6 ↓	Zambia	11	2020	5	11
6 ↓	Colombia	11	2020	5	11
6 ↓	Rwanda	11	2020	5	11
6 ↓	Australia	11	2020	5	11
6 ↓	United States	11	2018	5	11
6 ↑	Jordan	11	2020	178	0
6 ↑	Tajikistan	11	2020	162	1
6 ↓	Vanuatu	11	2020	5	11
6 ↑	Kenya	11	2020	12	10
16 ↓	Micronesia	10	2020	12	10
16 ↓	Tonga	10	2020	12	10
16 ↓	Liberia	10	2019	12	10
16 ↓	Palau	10	2020	12	10
16 ↓	Mexico	10	2020	12	10
16 ↓	Cambodia	10	2020	12	10
16 ↓	Costa Rica	10	2020	12	10
16 ↓	Nepal	10	2020	12	10
16 ↓	Solomon Islands	10	2020	12	10
16 ↓	Afghanistan	10	2020	12	10
26 ↓	Guatemala	9	2020	23	9
26 ↓	Nigeria	9	2020	23	9
26 ↓	Latvia	9	2018	23	9
26 ↓	Macedonia	9	2020	23	9
26 ↓	Mongolia	9	2020	23	9
26 ↓	Canada	9	2020	23	9
26 ↓	El Salvador	9	2020	23	9
26 ↓	Georgia	9	2019	23	9
26 ↓	Samoa	9	2020	23	9
26 ↓	Hungary	9	2020	23	9
26 ↓	India	9	2020	23	9
26 ↓	Russia	9	2020	23	9
26 ↓	Romania	9	2020	23	9
26 ↓	Jamaica	9	2020	23	9
26 ↓	Papua New Guinea	9	2020	23	9
26 ↓	Kyrgyzstan	9	2020	23	9
42 ↓	Moldova	8	2020	39	8
42 ↓	Singapore	8	2020	39	8
42 ↓	Belgium	8	2020	39	8
42 ↓	Vietnam	8	2020	39	8
42 ↓	Denmark	8	2020	39	8
42 ↓	Albania	8	2020	39	8
42 ↓	Hong Kong	8	2020	39	8
42 ↓	Ukraine	8	2020	39	8
42 ↓	Panama	8	2020	39	8
42 ↓	Honduras	8	2020	39	8
42 ↓	Bulgaria	8	2019	39	8
42 ↑	Djibouti	8	2020	101	5
42 ↑	Kazakhstan	8	2020	65	6
55 ↓	Sweden	7	2020	51	7
55 ↓	Slovakia	7	2020	51	7
55 ↓	Bosnia and Herzegovina	7	2020	51	7
55 ↓	United Kingdom	7	2020	51	7
55 ↓	Peru	7	2020	51	7
55 ↓	Ireland	7	2020	51	7
55 ↓	Malaysia	7	2020	51	7
55 ↓	Poland	7	2020	51	7
55 ↓	Trinidad and Tobago	7	2020	51	7
55 ↓	Thailand	7	2020	51	7
55 ↓	Estonia	7	2020	51	7
55 ↓	Turkey	7	2020	51	7
55 ↓	Cyprus	7	2020	51	7
55 ↓	Czech Republic	7	2020	51	7
69 ↓	Senegal	6	2020	65	6
69 ↓	Guinea-Bissau	6	2020	65	6
69 ↓	Equatorial Guinea	6	2020	65	6
69 ↓	Finland	6	2020	65	6
69 ↓	Grenada	6	2020	65	6
69 ↓	Mali	6	2020	65	6
69 ↓	Togo	6	2020	65	6
69 ↓	Uzbekistan	6	2020	65	6
69 ↓	Ivory Coast	6	2020	65	6
69 ↓	Serbia	6	2020	65	6
69 ↓	Laos	6	2020	65	6
69 ↓	Indonesia	6	2020	65	6
69 ↓	Armenia	6	2020	65	6
69 ↓	Cameroon	6	2020	65	6
69 ↓	Democratic Republic of the Congo	6	2020	65	6
69 ↓	Niger	6	2020	65	6
69 ↓	Chad	6	2020	65	6
69 ↓	Israel	6	2020	65	6
69 ↓	Republic of the Congo	6	2020	65	6
69 ↓	Dominica	6	2020	65	6
69 ↓	Lithuania	6	2020	65	6
69 ↓	Germany	6	2020	65	6
69 ↓	Burkina Faso	6	2020	65	6
69 ↓	United Arab Emirates	6	2020	65	6
69 ↓	Central African Republic	6	2020	65	6
69 ↓	Benin	6	2020	65	6
69 ↓	Switzerland	6	2020	65	6
69 ↓	Barbados	6	2020	65	6
69 ↓	Bahamas	6	2020	65	6
69 ↓	Gabon	6	2020	65	6
69 ↓	Comoros	6	2020	65	6
69 ↓	Mauritius	6	2020	65	6
69 ↓	Ghana	6	2020	65	6
69 ↓	Guinea	6	2020	65	6
69 ↓	Gambia	6	2020	65	6
69 ↑	Zimbabwe	6	2020	101	5
105 ↓	Croatia	5	2020	101	5
105 ↓	South Korea	5	2020	101	5
105 ↓	Saint Lucia	5	2020	101	5
105 ↓	Lesotho	5	2019	101	5
105 ↓	Namibia	5	2018	101	5
105 ↓	Norway	5	2020	101	5
105 ↓	Sierra Leone	5	2020	101	5
105 ↓	Tanzania	5	2020	101	5
105 ↓	Uganda	5	2020	101	5
105 ↓	Saint Vincent and the Grenadines	5	2020	101	5
105 ↓	South Africa	5	2020	101	5
105 ↓	Botswana	5	2020	101	5
105 ↓	Antigua and Barbuda	5	2020	101	5
105 ↓	Bangladesh	5	2020	101	5
105 ↓	Egypt	5	2020	101	5
105 ↓	Spain	5	2020	101	5
105 ↓	Fiji	5	2020	101	5
105 ↓	Japan	5	2020	101	5
123 ↓	Iceland	4	2020	122	4
123 ↓	China	4	2020	122	4
123 ↓	Uruguay	4	2020	122	4
123 ↓	Swaziland	4	2020	122	4
123 ↓	France	4	2020	122	4
123 ↓	Austria	4	2020	122	4
123 ↓	Bhutan	4	2020	122	4
123 ↓	Kiribati	4	2020	122	4
123 ↓	Chile	4	2020	122	4
123 ↓	Belize	4	2019	122	4
123 ↑	Saudi Arabia	4	2020	162	1
134 ↓	Guyana	3	2020	132	3
134 ↑	Bahrain	3	2020	162	1
134 ↓	Luxembourg	3	2019	132	3
134 ↓	Tunisia	3	2020	132	3
134 ↓	Slovenia	3	2020	132	3
134 ↓	Belarus	3	2020	132	3
134 ↓	Ethiopia	3	2020	132	3
134 ↓	Sudan	3	2020	101	5
134 ↓	Liechtenstein	3	2020	132	3
143 ↓	Argentina	2	2020	139	2
143 ↓	Portugal	2	2020	139	2
143 ↓	Sri Lanka	2	2020	139	2
143 ↓	Nicaragua	2	2020	139	2
143 ↓	Netherlands	2	2020	139	2
143 ↓	Pakistan	2	2020	139	2
143 ↓	Lebanon	2	2019	139	2
143 ↓	Italy	2	2020	139	2
143 ↓	Iran	2	2020	139	2
143 ↓	Haiti	2	2020	139	2
143 ↓	Burundi	2	2020	139	2
143 ↓	Greece	2	2020	139	2
143 ↓	Suriname	2	2020	139	2
143 ↓	Algeria	2	2020	139	2
143 ↓	Seychelles	2	2020	139	2
143 ↓	Brazil	2	2020	139	2
143 ↓	Taiwan	2	2020	139	2
143 ↓	Burma (Myanmar)	2	2019	139	2
143 ↓	Malta	2	2020	139	2
143 ↓	Mauritania	2	2020	139	2
143 ↓	Maldives	2	2019	139	2
143 ↓	Madagascar	2	2020	139	2
143 ↓	Morocco	2	2020	139	2
166 ↓	Angola	1	2020	162	1
166 ↓	Paraguay	1	2020	162	1
166 ↓	San Marino	1	2020	162	1
166 ↓	Oman	1	2020	162	1
166 ↓	Ecuador	1	2020	162	1
166 ↓	Qatar	1	2020	162	1
166 ↓	Cape Verde	1	2020	162	1
166 ↓	Dominican Republic	1	2020	162	1
166 ↓	Philippines	1	2020	162	1
166 ↓	Kuwait	1	2020	162	1
166 ↓	Venezuela	1	2020	162	1
166 ↓	Mozambique	1	2020	162	1
166 ↓	Syria	1	2020	162	1
179 ↓	Iraq	0	2020	178	0
179 ↓	Libya	0	2018	178	0
179 ↓	Somalia	0	2020	178	0
179 ↓	Eritrea	0	2020	178	0
179 ↓	Yemen	0	2020	178	0
179 ↓	Sao Tome and Principe	0	2020	178	0
179 ↓	Bolivia	0	2020	178	0

Definition of Index Of Legal Rights For Creditors And Borrowers

The strength of legal rights index measures whether certain features that facilitate lending exist within the appliÂcable collateral and bankruptcy laws. The index ranges from 0 to 12 based on the methodology in the Doing Business 15-20 studies.