Index Of Legal Rights For Creditors And Borrowers

Middle East Ranking

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

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1 ↑	Jordan	11	2020	13	0
2 ↓	Afghanistan	10	2020	1	10
3 ↓	Turkey	7	2020	2	7
4 ↓	United Arab Emirates	6	2020	3	6
4 ↓	Israel	6	2020	3	6
6 ↑	Saudi Arabia	4	2020	7	1
7	Bahrain	3	2020	7	1
8 ↓	Iran	2	2020	5	2
8 ↓	Lebanon	2	2019	5	2
10 ↓	Syria	1	2020	7	1
10 ↓	Oman	1	2020	7	1
10 ↓	Kuwait	1	2020	7	1
10 ↓	Qatar	1	2020	7	1
14 ↓	Iraq	0	2020	13	0
14 ↓	Yemen	0	2020	13	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.