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