Africa vs Nigeria: Cost of registering property
Cost of registering property over time
- Africa
- Nigeria
How they compare
Nigeria currently reports 20.8% against 9.1% in Africa, a difference of 11.7%.
That makes Nigeria's figure about 2.3 times Africa's.
Across all 9 years both countries report, Nigeria has been ahead every year.
Africa ranks 5th and Nigeria ranks 2nd of 6 groups.
Nigeria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Africa | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.1% | 23.1% | 12.0% | Nigeria |
| 2010s | 9.2% | 20.8% | 11.6% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher cost of registering property, Africa or Nigeria?
- Nigeria, at 20.8% against 9.1% in Africa as of 2012.
- What is the difference in cost of registering property between Africa and Nigeria?
- 11.7%, with Nigeria ahead.
- How many years of comparable data are there for Africa and Nigeria?
- 9 years are reported by both, from 2004 to 2012.
- How do Africa and Nigeria rank globally for cost of registering property?
- Africa ranks 5th and Nigeria ranks 2nd of 6 groups.
- Where does this data come from?
- World Bank, Doing Business project (http://www.doingbusiness.org/), published as Cost of registering property (% of property value). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Cost is recorded as a percentage of the property value, assumed to be equivalent to 50 times income per capita. Only official costs required by law are recorded, including fees, transfer taxes, stamp duties and any other payment to the property registry, notaries, public agencies or lawyers. Other taxes, such as capital gains tax or value added tax, are excluded from the cost measure. Both costs borne by the buyer and those borne by the seller are included. If cost estimates differ among