Index Of Legal Rights For Creditors And Borrowers

Carribean Ranking

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

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Puerto Rico	12	2020	1	12
2	Jamaica	9	2020	2	9
3	Trinidad and Tobago	7	2020	3	7
4	Grenada	6	2020	4	6
4	Barbados	6	2020	4	6
4	Bahamas	6	2020	4	6
4	Dominica	6	2020	4	6
8	Saint Vincent and the Grenadines	5	2020	8	5
8	Saint Lucia	5	2020	8	5
8	Antigua and Barbuda	5	2020	8	5
11	Belize	4	2019	11	4
12	Haiti	2	2020	12	2
13	Dominican Republic	1	2020	13	1

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.