Australia vs Korea, Rep.: Registering property: Time
Registering property: Time over time
- Australia
- Korea, Rep.
How they compare
Korea, Rep. currently reports 5.5 days against 4.5 days in Australia, a difference of 1 days.
That makes Korea, Rep.'s figure about 1.2 times Australia's.
Across all 16 years both countries report, Korea, Rep. has been ahead every year.
Australia ranks 166th and Korea, Rep. ranks 163rd of 184 countries.
Korea, Rep. has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Korea, Rep. | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.92 days | 9.58 days | 4.67 days | Korea, Rep. |
| 2010s | 4.3 days | 7.15 days | 2.85 days | Korea, Rep. |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher registering property: time, Australia or Korea, Rep.?
- Korea, Rep., at 5.5 days against 4.5 days in Australia as of 2019.
- What is the difference in registering property: time between Australia and Korea, Rep.?
- 1 days, with Korea, Rep. ahead.
- How many years of comparable data are there for Australia and Korea, Rep.?
- 16 years are reported by both, from 2004 to 2019.
- How do Australia and Korea, Rep. rank globally for registering property: time?
- Australia ranks 166th and Korea, Rep. ranks 163rd of 184 countries.
- Where does this data come from?
- The World Bank, published as Registering property: Time (days). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The number of procedures records all the procedures necessary for a business (the buyer) to purchase a property from another business (the seller) and to transfer the property title to the buyer’s name so that the buyer can use the property for expanding its business, use the property as collateral in taking new loans or, if necessary, sell the property to another business. A procedure is defined as any interaction that is legally or in practice required between the buyer, the seller or their agents (if required) and external parties, including government agencies, inspectors, notaries and lawyers.