Cost of registering property in Nigeria
Nigeria: Cost of registering property was 20.8% in 2012. ▼ Falling
Cost of registering property in Nigeria, 2004–2012
Source: World Bank, Doing Business project (http://www.doingbusiness.org/). Measured in % of property value.
Analysis
Nigeria recorded 20.8% for cost of registering property in 2012. That is the lowest value across all 9 years on record.
Compared with earlier readings it is down 23.2% over ten years.
Over the whole period, cost of registering property in Nigeria peaked at 27.1% in 2004 and was at its lowest, 20.8%, in 2011.
Nigeria ranks 2nd of 51 countries on this measure, in the top 10%.
Cost of registering property in Nigeria, year by year
| Year | % of property value | Change |
|---|---|---|
| 2004 | 27.1% | — |
| 2005 | 27.1% | +0.0% |
| 2006 | 21.2% | -21.8% |
| 2007 | 21.2% | +0.0% |
| 2008 | 20.9% | -1.4% |
| 2009 | 20.9% | +0.0% |
| 2010 | 20.9% | +0.0% |
| 2011 | 20.8% | -0.5% |
| 2012 | 20.8% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.1% | 20.9% | 27.1% | 6 |
| 2010s | 20.8% | 20.8% | 20.9% | 3 |
Countries ranked near Nigeria
More private sector data for Nigeria
- Merchandise trade 33.3% (2025)
- Food imports 11.0% (2024)
- Manufactures imports 46.0% (2024)
- Merchandise imports 41.45 billion current US$ (2025)
- Food exports 6.0% (2024)
- Manufactures exports 3.5% (2024)
- Merchandise exports 55.47 billion current US$ (2025)
- Merchandise exports (current US$), per capita 233.52 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1907 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 4.03 % change on previous year (2025)
Frequently asked questions
- What is cost of registering property in Nigeria?
- Cost of registering property in Nigeria was 20.8% in 2012, according to World Bank, Doing Business project (http://www.doingbusiness.org/).
- What is the highest cost of registering property recorded in Nigeria?
- The highest recorded value was 27.1% in 2004.
- What is the lowest cost of registering property recorded in Nigeria?
- The lowest recorded value was 20.8% in 2011.
- How does Nigeria rank for cost of registering property?
- Nigeria ranks 2nd out of 51 countries with data for 2012.
- Is cost of registering property rising or falling in Nigeria?
- Over the last ten years it is down 23.2%. The long-run trend across the full record is falling.
- Where does this Nigeria 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.
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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