Registering property: Time in Iceland
Iceland: Registering property: Time was 3.5 days in 2019. ▼ Falling
Registering property: Time in Iceland, 2004–2019
Source: World Bank. Measured in days.
Analysis
In 2019, registering property: time in Iceland stood at 3.5 days. That is the lowest value across all 16 years on record.
That represents a change of down 12.5% over ten years.
Over the whole period, registering property: time in Iceland peaked at 4 days in 2004 and was at its lowest, 3.5 days, in 2012.
That places Iceland 174th out of 184 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4 days | 4 days | 4 days | 6 |
| 2010s | 3.6 days | 3.5 days | 4 days | 10 |
Countries ranked near Iceland
More private sector data for Iceland
- Merchandise trade 46.9% (2025)
- Food imports 11.1% (2025)
- Manufactures imports 71.1% (2025)
- Merchandise imports 10.94 billion current US$ (2025)
- Food exports 46.9% (2025)
- Manufactures exports 14.0% (2025)
- Merchandise exports 7.17 billion current US$ (2025)
- Commercial service exports 8.13 billion current US$ (2025)
- Transport services 16.3% (2025)
- Computer, communications and other services 41.2% (2025)
Frequently asked questions
- What is registering property: time in Iceland?
- Registering property: time in Iceland was 3.5 days in 2019, according to the World Bank.
- What is the highest registering property: time recorded in Iceland?
- The highest recorded value was 4 days in 2004.
- What is the lowest registering property: time recorded in Iceland?
- The lowest recorded value was 3.5 days in 2012.
- How does Iceland rank for registering property: time?
- Iceland ranks 174th out of 184 countries with data for 2019.
- Is registering property: time rising or falling in Iceland?
- Over the last ten years it is down 12.5%. The long-run trend across the full record is falling.
- Where does this Iceland 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
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.