Registering property: Time in Armenia

Armenia: Registering property: Time was 8 days in 2019. ▲ Rising

Latest (2019)
8 days
Change on year
up 14.3%
World rank
159th
of 184 countries
All-time high
8 days
in 2019
All-time low
5 days
in 2006
Years of data
16
2004–2019

Registering property: Time in Armenia, 2004–2019

024682004201120192004: 6 days2005: 6 days2006: 5 days2007: 5 days2008: 5 days2009: 5 days2010: 7 days2011: 7 days2012: 7 days2013: 7 days2014: 7 days2015: 7 days2016: 7 days2017: 7 days2018: 7 days2019: 8 days

Source: World Bank. Measured in days.

Analysis

Armenia recorded 8 days for registering property: time in 2019. That is the highest value across all 16 years on record.

That represents a change of up 14.3% on the previous year and up 60.0% over ten years.

Over the whole period, registering property: time in Armenia peaked at 8 days in 2019 and was at its lowest, 5 days, in 2006.

That places Armenia 159th out of 184 countries with data for 2019, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.33 days 5 days 6 days 6
2010s 7.1 days 7 days 8 days 10

Countries ranked near Armenia

  1. 156 China 9 days compare
  2. 156 Cyprus 9 days compare
  3. 156 Thailand 9 days compare
  4. 160 Rwanda 7 days compare
  5. 160 Sweden 7 days compare
  6. 162 Nepal 6 days compare

See the full ranking of 186 places →

More private sector data for Armenia

All data for Armenia →

Frequently asked questions

What is registering property: time in Armenia?
Registering property: time in Armenia was 8 days in 2019, according to the World Bank.
What is the highest registering property: time recorded in Armenia?
The highest recorded value was 8 days in 2019.
What is the lowest registering property: time recorded in Armenia?
The lowest recorded value was 5 days in 2006.
How does Armenia rank for registering property: time?
Armenia ranks 159th out of 184 countries with data for 2019.
Is registering property: time rising or falling in Armenia?
Over the last ten years it is up 60.0%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from the World Bank, published as part of Registering property: Time (days). Statizoid updates them automatically from the source API.

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

About this data

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

The number of procedures records all the procedures necessary for a business (the buyer) to purchase a property from another business (the seller) and to transfer the property title to the buyer’s name so that the buyer can use the property for expanding its business, use the property as collateral in taking new loans or, if necessary, sell the property to another business. A procedure is defined as any interaction that is legally or in practice required between the buyer, the seller or their agents (if required) and external parties, including government agencies, inspectors, notaries and lawyers.