Registering property: Cost in Congo

Congo: Registering property: Cost was 13.6% in 2019. ▼ Falling

Latest (2019)
13.6%
Change on year
down 2.2%
World rank
8th
of 184 countries
All-time high
22.6%
in 2004
All-time low
10.3%
in 2009
Years of data
16
2004–2019

Registering property: Cost in Congo, 2004–2019

05101520252004201120192004: 22.6 % of property value2005: 22.3 % of property value2006: 22 % of property value2007: 22.1 % of property value2008: 10.7 % of property value2009: 10.3 % of property value2010: 10.5 % of property value2011: 20.5 % of property value2012: 20.4 % of property value2013: 20.4 % of property value2014: 20.4 % of property value2015: 15.1 % of property value2016: 15.5 % of property value2017: 16.1 % of property value2018: 13.9 % of property value2019: 13.6 % of property value

Source: World Bank. Measured in % of property value.

Analysis

In 2019, registering property: cost in Congo stood at 13.6%.

That represents a change of down 2.2% on the previous year and up 32.0% over ten years.

Over the whole period, registering property: cost in Congo peaked at 22.6% in 2004 and was at its lowest, 10.3%, in 2009.

That places Congo 8th out of 184 countries with data for 2019, putting it in the top 10%.

The long-run direction has been consistently falling across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.3% 10.3% 22.6% 6
2010s 16.6% 10.5% 20.5% 10

Countries ranked near Congo

  1. 5 Suriname 14.2% compare
  2. 6 Namibia 13.8% compare
  3. 7 Cameroon 13.7% compare
  4. 9 Malta 13.5% compare
  5. 10 Dominica 13.3% compare
  6. 10 Liberia 13.3% compare

See the full ranking of 186 places →

More private sector data for Congo

All data for Congo →

Frequently asked questions

What is registering property: cost in Congo?
Registering property: cost in Congo was 13.6% in 2019, according to the World Bank.
What is the highest registering property: cost recorded in Congo?
The highest recorded value was 22.6% in 2004.
What is the lowest registering property: cost recorded in Congo?
The lowest recorded value was 10.3% in 2009.
How does Congo rank for registering property: cost?
Congo ranks 8th out of 184 countries with data for 2019.
Is registering property: cost rising or falling in Congo?
Over the last ten years it is up 32.0%. The long-run trend across the full record is falling.
Where does this Congo data come from?
The figures come from the World Bank, published as part of Registering property: Cost (% of property value). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Registering property: Cost (% of property value)
Unit
% of property value
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 2,876 data points, 2004–2019
Last refreshed

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.