View Topic Details
Research
Private Credit in 129 Countries (PDF, 238KB), by Djankov, McLiesh and Shleifer, Journal of Financial Economics, May 2007.
This topic explores two sets of issues - credit information registries and the effectiveness of collateral and bankruptcy laws in facilitating lending.
The table below shows the main indicators, which include:
Private Credit in 129 Countries (PDF, 238KB), by Djankov, McLiesh and Shleifer, Journal of Financial Economics, May 2007.
| Region or Economy | Strength of legal rights index (0-10) | Depth of credit information index (0-6) | Public registry coverage (% of adults) | Private bureau coverage (% of adults) |
|---|---|---|---|---|
| Middle East & North Africa | 3.3 | 3.3 | 5.0 | 10.9 |
| Sub-Saharan Africa | 4.6 | 1.5 | 2.4 | 4.5 |
| South Asia | 5.3 | 2.1 | 0.8 | 3.3 |
| Latin America & Caribbean | 5.5 | 3.3 | 10.0 | 33.2 |
| East Asia & Pacific | 5.7 | 1.9 | 7.2 | 14.4 |
| Eastern Europe & Central Asia | 6.6 | 4.0 | 9.7 | 19.4 |
| OECD | 6.8 | 4.9 | 8.8 | 59.6 |
| Palau | 0 | 0 | 0.0 | 0.0 |
| West Bank and Gaza | 0 | 3 | 6.5 | 0.0 |
| Bolivia | 1 | 6 | 11.6 | 33.9 |
| Djibouti | 1 | 1 | 0.2 | 0.0 |
| Syrian Arab Republic | 1 | 0 | 0.0 | 0.0 |
| Timor-Leste | 1 | 0 | 0.0 | 0.0 |
| Belarus | 2 | 5 | 23.4 | 0.0 |
| Bhutan | 2 | 0 | 0.0 | 0.0 |
| Burundi | 2 | 1 | 0.2 | 0.0 |
| Cape Verde | 2 | 2 | 23.0 | 0.0 |
| Eritrea | 2 | 0 | 0.0 | 0.0 |
| Madagascar | 2 | 1 | 0.1 | 0.0 |
| Mozambique | 2 | 4 | 2.3 | 0.0 |
| Uzbekistan | 2 | 3 | 2.6 | 2.1 |
| Venezuela, R.B. | 2 | 0 | 0.0 | 0.0 |
| Yemen, Rep. | 2 | 2 | 0.2 | 0.0 |
| Algeria | 3 | 2 | 0.2 | 0.0 |
| Benin | 3 | 1 | 10.9 | 0.0 |
| Brazil | 3 | 5 | 23.7 | 59.2 |
| Burkina Faso | 3 | 1 | 1.9 | 0.0 |
| Cameroon | 3 | 2 | 1.8 | 0.0 |
| Central African Republic | 3 | 2 | 2.1 | 0.0 |
| Chad | 3 | 1 | 0.2 | 0.0 |
| Comoros | 3 | 0 | 0.0 | 0.0 |
| Congo, Dem. Rep. | 3 | 0 | 0.0 | 0.0 |
| Congo, Rep. | 3 | 2 | 3.0 | 0.0 |
| Côte d'Ivoire | 3 | 1 | 2.7 | 0.0 |
| Dominican Republic | 3 | 6 | 29.7 | 46.1 |
| Ecuador | 3 | 5 | 37.2 | 46.0 |
| Egypt, Arab Rep. | 3 | 6 | 2.5 | 8.2 |
| Equatorial Guinea | 3 | 2 | 3.0 | 0.0 |
| Gabon | 3 | 2 | 3.9 | 0.0 |
| Greece | 3 | 5 | 0.0 | 46.9 |
| Guinea | 3 | 0 | 0.0 | 0.0 |
| Guinea-Bissau | 3 | 1 | 1.1 | 0.0 |
| Haiti | 3 | 2 | 0.7 | 0.0 |
| Indonesia | 3 | 4 | 22.0 | 0.0 |
| Iraq | 3 | 0 | 0.0 | 0.0 |
| Italy | 3 | 5 | 12.2 | 77.5 |
| Lebanon | 3 | 5 | 8.3 | 0.0 |
| Mali | 3 | 1 | 4.0 | 0.0 |
| Mauritania | 3 | 1 | 0.2 | 0.0 |
| Morocco | 3 | 5 | 0.0 | 14.0 |
| Nicaragua | 3 | 5 | 16.0 | 28.4 |
| Niger | 3 | 1 | 0.9 | 0.0 |
| Paraguay | 3 | 6 | 10.9 | 47.4 |
| Philippines | 3 | 3 | 0.0 | 6.1 |
| Portugal | 3 | 5 | 81.3 | 16.4 |
| Qatar | 3 | 2 | 0.0 | 0.0 |
| Russian Federation | 3 | 5 | 0.0 | 14.3 |
| São Tomé and Principe | 3 | 0 | 0.0 | 0.0 |
| Senegal | 3 | 1 | 4.4 | 0.0 |
| Solomon Islands | 3 | 0 | 0.0 | 0.0 |
| Tajikistan | 3 | 0 | 0.0 | 0.0 |
| Togo | 3 | 1 | 2.7 | 0.0 |
| Tunisia | 3 | 5 | 19.9 | 0.0 |
| Angola | 4 | 4 | 2.5 | 0.0 |
| Argentina | 4 | 6 | 34.3 | 100.0 |
| Bahrain | 4 | 4 | 0.0 | 34.9 |
| Chile | 4 | 5 | 32.9 | 33.9 |
| Ethiopia | 4 | 2 | 0.1 | 0.0 |
| Guyana | 4 | 0 | 0.0 | 0.0 |
| Iran, Islamic Rep. | 4 | 3 | 31.3 | 0.0 |
| Jordan | 4 | 2 | 1.0 | 0.0 |
| Kuwait | 4 | 4 | 0.0 | 30.4 |
| Lao PDR | 4 | 0 | 0.0 | 0.0 |
| Liberia | 4 | 1 | 0.3 | 0.0 |
| Maldives | 4 | 0 | 0.0 | 0.0 |
| Marshall Islands | 4 | 0 | 0.0 | 0.0 |
| Mexico | 4 | 6 | 0.0 | 77.5 |
| Oman | 4 | 2 | 17.0 | 0.0 |
| Saudi Arabia | 4 | 6 | 0.0 | 17.9 |
| Seychelles | 4 | 0 | 0.0 | 0.0 |
| Sri Lanka | 4 | 5 | 0.0 | 14.3 |
| Taiwan, China | 4 | 5 | 0.0 | 63.2 |
| Thailand | 4 | 5 | 0.0 | 32.9 |
| Turkey | 4 | 5 | 15.9 | 42.9 |
| United Arab Emirates | 4 | 5 | 7.3 | 12.6 |
| Bosnia and Herzegovina | 5 | 5 | 23.2 | 64.3 |
| Colombia | 5 | 5 | 0.0 | 60.5 |
| Costa Rica | 5 | 5 | 24.3 | 56.0 |
| El Salvador | 5 | 6 | 21.0 | 94.6 |
| Gambia, the | 5 | 0 | 0.0 | 0.0 |
| Kazakhstan | 5 | 6 | 0.0 | 29.5 |
| Kiribati | 5 | 0 | 0.0 | 0.0 |
| Lithuania | 5 | 6 | 12.1 | 18.4 |
| Mauritius | 5 | 3 | 36.8 | 0.0 |
| Nepal | 5 | 2 | 0.0 | 0.3 |
| Papua New Guinea | 5 | 0 | 0.0 | 0.0 |
| Sudan | 5 | 0 | 0.0 | 0.0 |
| Suriname | 5 | 0 | 0.0 | 0.0 |
| Sweden | 5 | 4 | 0.0 | 100.0 |
| Uruguay | 5 | 6 | 17.8 | 97.2 |
| Afghanistan | 6 | 0 | 0.0 | 0.0 |
| Armenia | 6 | 5 | 4.4 | 34.5 |
| Canada | 6 | 6 | 0.0 | 100.0 |
| China | 6 | 4 | 62.1 | 0.0 |
| Croatia | 6 | 4 | 0.0 | 77.0 |
| Czech Republic | 6 | 5 | 4.9 | 73.1 |
| Estonia | 6 | 5 | 0.0 | 20.6 |
| Georgia | 6 | 6 | 0.0 | 12.2 |
| Honduras | 6 | 6 | 21.7 | 58.7 |
| Mongolia | 6 | 3 | 22.2 | 0.0 |
| Netherlands | 6 | 5 | 0.0 | 83.5 |
| Pakistan | 6 | 4 | 5.6 | 1.5 |
| Panama | 6 | 6 | 0.0 | 45.9 |
| Samoa | 6 | 0 | 0.0 | 0.0 |
| Sierra Leone | 6 | 0 | 0.0 | 0.0 |
| Slovenia | 6 | 2 | 2.7 | 0.0 |
| Spain | 6 | 5 | 45.3 | 7.6 |
| Swaziland | 6 | 5 | 0.0 | 42.3 |
| Antigua and Barbuda | 7 | 0 | 0.0 | 0.0 |
| Austria | 7 | 6 | 1.4 | 39.2 |
| Bangladesh | 7 | 2 | 0.9 | 0.0 |
| Belgium | 7 | 4 | 56.5 | 0.0 |
| Botswana | 7 | 4 | 0.0 | 51.9 |
| Brunei Darussalam | 7 | 0 | 0.0 | 0.0 |
| Fiji | 7 | 4 | 0.0 | 48.6 |
| Finland | 7 | 5 | 0.0 | 14.7 |
| France | 7 | 4 | 32.5 | 0.0 |
| Germany | 7 | 6 | 0.8 | 98.3 |
| Ghana | 7 | 0 | 0.0 | 0.0 |
| Hungary | 7 | 5 | 0.0 | 10.3 |
| Iceland | 7 | 5 | 0.0 | 100.0 |
| Japan | 7 | 6 | 0.0 | 76.2 |
| Korea, Rep. | 7 | 6 | 0.0 | 93.8 |
| Lesotho | 7 | 0 | 0.0 | 0.0 |
| Luxembourg | 7 | 0 | 0.0 | 0.0 |
| Macedonia, FYR | 7 | 4 | 28.1 | 0.0 |
| Micronesia, Fed. Sts. | 7 | 0 | 0.0 | 0.0 |
| Norway | 7 | 4 | 0.0 | 100.0 |
| Peru | 7 | 6 | 23.0 | 31.8 |
| Puerto Rico | 7 | 5 | 0.0 | 73.8 |
| Tonga | 7 | 0 | 0.0 | 0.0 |
| Uganda | 7 | 0 | 0.0 | 0.0 |
| Zimbabwe | 7 | 0 | 0.0 | 0.0 |
| Azerbaijan | 8 | 5 | 6.9 | 0.0 |
| Belize | 8 | 0 | 0.0 | 0.0 |
| Bulgaria | 8 | 6 | 34.8 | 6.2 |
| Cambodia | 8 | 0 | 0.0 | 0.0 |
| Grenada | 8 | 0 | 0.0 | 0.0 |
| Guatemala | 8 | 6 | 16.9 | 28.4 |
| India | 8 | 4 | 0.0 | 10.2 |
| Ireland | 8 | 5 | 0.0 | 100.0 |
| Jamaica | 8 | 0 | 0.0 | 0.0 |
| Kosovo | 8 | 3 | 18.9 | 0.0 |
| Malawi | 8 | 0 | 0.0 | 0.0 |
| Moldova | 8 | 0 | 0.0 | 0.0 |
| Namibia | 8 | 5 | 0.0 | 57.7 |
| Nigeria | 8 | 0 | 0.0 | 0.0 |
| Romania | 8 | 5 | 5.7 | 30.2 |
| Rwanda | 8 | 2 | 0.4 | 0.0 |
| Serbia | 8 | 6 | 0.0 | 94.2 |
| St. Kitts and Nevis | 8 | 0 | 0.0 | 0.0 |
| St. Lucia | 8 | 0 | 0.0 | 0.0 |
| St. Vincent and the Grenadines | 8 | 0 | 0.0 | 0.0 |
| Switzerland | 8 | 5 | 0.0 | 22.5 |
| Tanzania | 8 | 0 | 0.0 | 0.0 |
| Trinidad and Tobago | 8 | 4 | 0.0 | 41.7 |
| United States | 8 | 6 | 0.0 | 100.0 |
| Vietnam | 8 | 4 | 19.0 | 0.0 |
| Albania | 9 | 4 | 9.9 | 0.0 |
| Australia | 9 | 5 | 0.0 | 100.0 |
| Bahamas, the | 9 | 0 | 0.0 | 0.0 |
| Cyprus | 9 | 0 | 0.0 | 0.0 |
| Denmark | 9 | 4 | 0.0 | 5.2 |
| Dominica | 9 | 0 | 0.0 | 0.0 |
| Israel | 9 | 5 | 0.0 | 89.8 |
| Latvia | 9 | 5 | 46.5 | 0.0 |
| Montenegro | 9 | 2 | 27.6 | 0.0 |
| New Zealand | 9 | 5 | 0.0 | 100.0 |
| Poland | 9 | 4 | 0.0 | 68.3 |
| Slovak Republic | 9 | 4 | 1.4 | 44.0 |
| South Africa | 9 | 6 | 0.0 | 54.7 |
| Ukraine | 9 | 3 | 0.0 | 3.0 |
| United Kingdom | 9 | 6 | 0.0 | 100.0 |
| Vanuatu | 9 | 0 | 0.0 | 0.0 |
| Zambia | 9 | 3 | 0.0 | 0.4 |
| Hong Kong, China | 10 | 4 | 0.0 | 71.9 |
| Kenya | 10 | 4 | 0.0 | 2.3 |
| Kyrgyz Republic | 10 | 3 | 0.0 | 5.9 |
| Malaysia | 10 | 6 | 48.5 | 82.0 |
| Singapore | 10 | 4 | 0.0 | 40.3 |