Registering property: Time (days) for Morocco

Indicator Definition:
The number of procedures records all the procedures necessary for a business (the buyer) to purchase a property from another business (the seller) and to transfer the property title to the buyer’s name so that the buyer can use the property for expanding its business, use the property as collateral in taking new loans or, if necessary, sell the property to another business. A procedure is defined as any interaction that is legally or in practice required between the buyer, the seller or their agents (if required) and external parties, including government agencies, inspectors, notaries and lawyers.

The indicator "Registering property: Time (days)" stands at 20.00 as of 12/31/2019, the lowest value at least since 12/31/2005, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -2.44 percent compared to the value the year prior.
The 1 year change in percent is -2.44.
The 3 year change in percent is -4.76.
The 5 year change in percent is -51.22.
The 10 year change in percent is -73.68.

The Serie's long term average value is 56.59. It's latest available value, on 12/31/2019, is 64.66 percent lower, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2019, to it's latest available value, on 12/31/2019, is +0.0%.
The Serie's change in percent from it's maximum value, on 12/31/2004, to it's latest available value, on 12/31/2019, is -74.36%.