Australia vs Papua New Guinea: Registering property: Cost
Registering property: Cost over time
- Australia
- Papua New Guinea
How they compare
Australia currently reports 5.4% against 5.2% in Papua New Guinea, a difference of 0.2%.
The two have swapped places 5 times across 16 shared years of data; in 2004 it was Papua New Guinea ahead.
Australia ranks 80th and Papua New Guinea ranks 83rd of 187 countries.
Australia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.2% | 5.1% | 0.1% | Australia |
| 2010s | 5.2% | 5.1% | 0.0% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher registering property: cost, Australia or Papua New Guinea?
- Australia, at 5.4% against 5.2% in Papua New Guinea as of 2019.
- What is the difference in registering property: cost between Australia and Papua New Guinea?
- 0.2%, with Australia ahead.
- How many years of comparable data are there for Australia and Papua New Guinea?
- 16 years are reported by both, from 2004 to 2019.
- How do Australia and Papua New Guinea rank globally for registering property: cost?
- Australia ranks 80th and Papua New Guinea ranks 83rd of 187 countries.
- Where does this data come from?
- The World Bank, published as Registering property: Cost (% of property value). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The cost is the total of official costs associated with completing the procedures to transfer the property, expressed as a percentage of the property value, assumed to be equivalent to 50 times income per capita. It is calculted as a percentage of the property value. 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 the seller are included. If cost estimates differ among sources, the median reported value is used.