Registering property: Time in Costa Rica

Costa Rica: Registering property: Time was 11 days in 2019. ▼ Falling

Latest (2019)
11 days
Change on year
unchanged
World rank
151st
of 184 countries
All-time high
21 days
in 2004
All-time low
11 days
in 2017
Years of data
16
2004–2019

Registering property: Time in Costa Rica, 2004–2019

051015202004201120192004: 21 days2005: 21 days2006: 21 days2007: 21 days2008: 21 days2009: 21 days2010: 20.5 days2011: 19 days2012: 19 days2013: 19 days2014: 19 days2015: 19 days2016: 19 days2017: 11 days2018: 11 days2019: 11 days

Source: World Bank. Measured in days.

Analysis

Costa Rica recorded 11 days for registering property: time in 2019. That is the lowest value across all 16 years on record.

The figure is down 47.6% over ten years.

Over the whole period, registering property: time in Costa Rica peaked at 21 days in 2004 and was at its lowest, 11 days, in 2017.

Costa Rica ranks 151st of 184 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 21 days 21 days 21 days 6
2010s 16.75 days 11 days 20.5 days 10

Countries ranked near Costa Rica

  1. 150 Malaysia 11.5 days compare
  2. 151 Sudan 11 days compare
  3. 153 Mongolia 10.5 days compare
  4. 154 Portugal 10 days compare

See the full ranking of 186 places →

More private sector data for Costa Rica

All data for Costa Rica →

Frequently asked questions

What is registering property: time in Costa Rica?
Registering property: time in Costa Rica was 11 days in 2019, according to the World Bank.
What is the highest registering property: time recorded in Costa Rica?
The highest recorded value was 21 days in 2004.
What is the lowest registering property: time recorded in Costa Rica?
The lowest recorded value was 11 days in 2017.
How does Costa Rica rank for registering property: time?
Costa Rica ranks 151st out of 184 countries with data for 2019.
Is registering property: time rising or falling in Costa Rica?
Over the last ten years it is down 47.6%. The long-run trend across the full record is falling.
Where does this Costa Rica 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.

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: 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.