Colombia vs Mongolia: Registering property: Cost
Registering property: Cost over time
- Colombia
- Mongolia
How they compare
Mongolia currently reports 2.1% against 2.0% in Colombia, a difference of 0.1%.
That makes Mongolia's figure about 1.1 times Colombia's.
The two have swapped places 1 time across 16 shared years of data; in 2004 it was Colombia ahead.
Colombia ranks 148th and Mongolia ranks 146th of 187 countries.
Across the 2 decades both report, Colombia averaged higher in 1 and Mongolia in 1.
Head to head by decade
| Decade | Colombia | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.3% | 2.2% | 0.1% | Colombia |
| 2010s | 1.9% | 2.1% | 0.2% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher registering property: cost, Colombia or Mongolia?
- Mongolia, at 2.1% against 2.0% in Colombia as of 2019.
- What is the difference in registering property: cost between Colombia and Mongolia?
- 0.1%, with Mongolia ahead.
- How many years of comparable data are there for Colombia and Mongolia?
- 16 years are reported by both, from 2004 to 2019.
- How do Colombia and Mongolia rank globally for registering property: cost?
- Colombia ranks 148th and Mongolia ranks 146th 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.