Registering property: Cost (% of property value) in Venezuela
Venezuela: Registering property: Cost (% of property value) was 2.6% in 2019. ▲ Rising
Registering property: Cost in Venezuela, 2004–2019
Source: World Bank. Measured in % of property value.
Analysis
In 2019, registering property: cost in Venezuela stood at 2.6%.
That represents a change of down 10.3% on the previous year and up 18.2% over ten years.
Over the whole period, registering property: cost in Venezuela peaked at 2.9% in 2018 and was at its lowest, 2.1%, in 2004.
That places Venezuela 138th out of 187 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Registering property: Cost (% of property value) in Venezuela, year by year
| Year | % of property value | Change |
|---|---|---|
| 2004 | 2.1% | — |
| 2005 | 2.1% | +0.0% |
| 2006 | 2.1% | +0.0% |
| 2007 | 2.2% | +4.8% |
| 2008 | 2.2% | +0.0% |
| 2009 | 2.2% | +0.0% |
| 2010 | 2.2% | +0.0% |
| 2011 | 2.5% | +13.6% |
| 2012 | 2.5% | +0.0% |
| 2013 | 2.5% | +0.0% |
| 2014 | 2.5% | +0.0% |
| 2015 | 2.5% | +0.0% |
| 2016 | 2.7% | +8.0% |
| 2017 | 2.7% | +0.0% |
| 2018 | 2.9% | +7.4% |
| 2019 | 2.6% | -10.3% |
Venezuela compared with similar countries
- Venezuela's 2.6% is below the median for lower middle income countries, which is 5.8%, 45% of the median. (46 countries reporting)
- Venezuela's 2.6% is below the median for Latin America & Caribbean, which is 4.7%, 55% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.1% | 2.1% | 2.2% | 6 |
| 2010s | 2.6% | 2.2% | 2.9% | 10 |
Countries ranked near Venezuela
More private sector data for Venezuela
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Commercial service imports 5.95 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Commercial service exports 1.12 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
Frequently asked questions
- What is registering property: cost in Venezuela?
- Registering property: cost in Venezuela was 2.6% in 2019, according to the World Bank.
- What is the highest registering property: cost recorded in Venezuela?
- The highest recorded value was 2.9% in 2018.
- What is the lowest registering property: cost recorded in Venezuela?
- The lowest recorded value was 2.1% in 2004.
- How does Venezuela rank for registering property: cost?
- Venezuela ranks 138th out of 187 countries with data for 2019.
- Is registering property: cost rising or falling in Venezuela?
- Over the last ten years it is up 18.2%. The long-run trend across the full record is rising.
- Where does this Venezuela 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
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.