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Registering property: Cost in Namibia

Namibia: Registering property: Cost was 13.8% in 2019. ▲ Rising

Latest (2019)
13.8%
Change on year
unchanged
World rank
6th
of 184 countries
All-time high
13.9%
in 2013
All-time low
9.8%
in 2009
Years of data
16
2004–2019

Registering property: Cost in Namibia, 2004–2019

0510152004201120192004: 10.1 % of property value2005: 10 % of property value2006: 10 % of property value2007: 10 % of property value2008: 10 % of property value2009: 9.8 % of property value2010: 11.7 % of property value2011: 11.5 % of property value2012: 11.7 % of property value2013: 13.9 % of property value2014: 13.9 % of property value2015: 13.8 % of property value2016: 13.8 % of property value2017: 13.8 % of property value2018: 13.8 % of property value2019: 13.8 % of property value

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

Analysis

In 2019, registering property: cost in Namibia stood at 13.8%.

The figure is up 40.8% over ten years.

Over the whole period, registering property: cost in Namibia peaked at 13.9% in 2013 and was at its lowest, 9.8%, in 2009.

That places Namibia 6th out of 184 countries with data for 2019, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.0% 9.8% 10.1% 6
2010s 13.2% 11.5% 13.9% 10

Countries ranked near Namibia

  1. 3 Tonga 15.1% compare
  2. 4 South Sudan 14.6% compare
  3. 5 Suriname 14.2% compare
  4. 7 Cameroon 13.7% compare
  5. 8 Congo 13.6% compare
  6. 9 Malta 13.5% compare

See the full ranking of 186 places →

More private sector data for Namibia

All data for Namibia →

Frequently asked questions

What is registering property: cost in Namibia?
Registering property: cost in Namibia was 13.8% in 2019, according to the World Bank.
What is the highest registering property: cost recorded in Namibia?
The highest recorded value was 13.9% in 2013.
What is the lowest registering property: cost recorded in Namibia?
The lowest recorded value was 9.8% in 2009.
How does Namibia rank for registering property: cost?
Namibia ranks 6th out of 184 countries with data for 2019.
Is registering property: cost rising or falling in Namibia?
Over the last ten years it is up 40.8%. The long-run trend across the full record is rising.
Where does this Namibia 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.