Cost of registering property in Africa
Africa: Cost of registering property was 9.1% in 2012. ▼ Falling
Cost of registering property in Africa, 2004–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of property value.
Analysis
In 2012, cost of registering property in Africa stood at 9.1%. That is the lowest value across all 9 years on record.
The figure is down 1.6% on the previous year and down 26.3% over ten years.
Over the whole period, cost of registering property in Africa peaked at 12.4% in 2004 and was at its lowest, 9.1%, in 2012.
Cost of registering property in Africa, year by year
| Year | % of property value | Change |
|---|---|---|
| 2004 | 12.4% | — |
| 2005 | 11.8% | -4.2% |
| 2006 | 11.5% | -2.7% |
| 2007 | 10.9% | -5.4% |
| 2008 | 10.1% | -7.4% |
| 2009 | 9.7% | -4.0% |
| 2010 | 9.3% | -4.0% |
| 2011 | 9.3% | -0.5% |
| 2012 | 9.1% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.1% | 9.7% | 12.4% | 6 |
| 2010s | 9.2% | 9.1% | 9.3% | 3 |
Countries ranked near Africa
More private sector data for Africa
- Minimum capital for starting a business 112.7% (2012)
- Enforcing contracts, cost 47.7% (2012)
- Getting credit, legal rights index 5.45 (2012)
- Closing a business, cost 21.8% (2012)
- Closing a business, time 3.32 years (2012)
- Closing a business, recovery rate 23.52 cents on the dollar (2012)
- Protecting investors, director liability index 3.65 (2012)
- Protecting investors, investor protection index 4.55 (2012)
- Protecting investors, shareholder suits index 4.94 (2012)
- Dealing with construction permits, cost 730.2% (2012)
Frequently asked questions
- What is cost of registering property in Africa?
- Cost of registering property in Africa was 9.1% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest cost of registering property recorded in Africa?
- The highest recorded value was 12.4% in 2004.
- What is the lowest cost of registering property recorded in Africa?
- The lowest recorded value was 9.1% in 2012.
- How does Africa rank for cost of registering property?
- Africa ranks 5th out of 6 groups with data for 2012.
- Is cost of registering property rising or falling in Africa?
- Over the last ten years it is down 26.3%. The long-run trend across the full record is falling.
- Where does this Africa data come from?
- The figures come from World Bank, Doing Business project (http://www.doingbusiness.org/), published as part of Cost of registering property (% of property value). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Cost is recorded as a percentage of the property value, assumed to be equivalent to 50 times income per capita. 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 those borne by the seller are included. If cost estimates differ among