South Korea vs Sri Lanka: Registering property: Cost (% of property value)
Registering property: Cost (% of property value) over time
- South Korea
- Sri Lanka
How they compare
South Korea currently reports 5.1% against 5.1% in Sri Lanka, a difference of 0.0%.
The two have swapped places 1 time across 16 shared years of data; in 2004 it was South Korea ahead.
South Korea ranks 85th and Sri Lanka ranks 85th of 187 countries.
Across the 2 decades both report, South Korea averaged higher in 1 and Sri Lanka in 1.
Head to head by decade
| Decade | South Korea | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.3% | 5.1% | 0.1% | South Korea |
| 2010s | 5.1% | 5.1% | 0.0% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher registering property: cost, South Korea or Sri Lanka?
- South Korea, at 5.1% against 5.1% in Sri Lanka as of 2019.
- What is the difference in registering property: cost between South Korea and Sri Lanka?
- 0.0%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Sri Lanka?
- 16 years are reported by both, from 2004 to 2019.
- How do South Korea and Sri Lanka rank globally for registering property: cost?
- South Korea ranks 85th and Sri Lanka ranks 85th 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.