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Time Required to Enforce a Contract in Colombia

Source: World Bank
Last Updated: December 30, 2020

Time required to enforce a contract reached 1,288 days in 2019 in Colombia, according to the National Statistical Office. This is 0% more than in the previous year.

Historically, time required to enforce a contract in Colombia reached an all time high of 1,510 days in 2003 and an all time low of 1,288 days in 2019.

Colombia has been ranked 12th within the group of 172 countries we follow in terms of time required to enforce a contract.

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