Chile vs Somalia: Registering property: Cost
Registering property: Cost over time
- Chile
- Somalia
How they compare
Somalia currently reports 1.4% against 1.1% in Chile, a difference of 0.3%.
That makes Somalia's figure about 1.3 times Chile's.
Across all 5 years both countries report, Somalia has been ahead every year.
Chile ranks 159th and Somalia ranks 157th of 187 countries.
Somalia has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher registering property: cost, Chile or Somalia?
- Somalia, at 1.4% against 1.1% in Chile as of 2019.
- What is the difference in registering property: cost between Chile and Somalia?
- 0.3%, with Somalia ahead.
- How many years of comparable data are there for Chile and Somalia?
- 5 years are reported by both, from 2015 to 2019.
- How do Chile and Somalia rank globally for registering property: cost?
- Chile ranks 159th and Somalia ranks 157th 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.