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 135.00 as of 12/31/2019, the highest value since 12/31/2012.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 68.75 percent compared to the value the year prior.
The 1 year change in percent is 68.75.
The 3 year change in percent is 309.09.
The 5 year change in percent is 309.09.
The 10 year change in percent is -30.77.
| Measure | Realization |
| Indicator Name: | Registering property: Time (days) |
| Indicator Source: | | macro-rankings.com |
| Indicator Description: | 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. |
| Observations Date: | 12/31/2004 |