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Russia Legal rights

(points, source: The World Bank)

Russia Index of legal rights for creditors and borrowers (0 - 12): For that indicator, The World Bank provides data for Russia from 2013 to 2016. The average value for Russia during that period was 5 points with a minumum of 4 points in 2013 and a maximum of 6 points in 2015.
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The index of legal right for creditors and borrowers in Russia ranges from 0 (no rights) to 10 (strong rights). Stronger legal rights such as efficient bankruptcy procedures, rules for financial disclosure, clear property rights, etc. facilitate lending. Legal rights rankings around the world. Create and download charts for Russia Legal rights and other indicators with the country comparator.


Definition: 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.