Registering property: Time in Latvia

Latvia: Registering property: Time was 16.5 days in 2019. ◆ Volatile

Latest (2019)
16.5 days
Change on year
unchanged
World rank
136th
of 184 countries
All-time high
55 days
in 2004
All-time low
16.5 days
in 2015
Years of data
16
2004–2019

Registering property: Time in Latvia, 2004–2019

20304050602004201120192004: 55 days2005: 55 days2006: 54 days2007: 54 days2008: 49.5 days2009: 44.5 days2010: 41.5 days2011: 17.5 days2012: 17.5 days2013: 17.5 days2014: 17.5 days2015: 16.5 days2016: 16.5 days2017: 16.5 days2018: 16.5 days2019: 16.5 days

Source: World Bank. Measured in days.

Analysis

The most recent figure for registering property: time in Latvia is 16.5 days, measured in 2019. That is the lowest value across all 16 years on record.

Compared with earlier readings it is down 62.9% over ten years.

Over the whole period, registering property: time in Latvia peaked at 55 days in 2004 and was at its lowest, 16.5 days, in 2015.

Latvia ranks 136th of 184 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 52 days 44.5 days 55 days 6
2010s 19.4 days 16.5 days 41.5 days 10

Countries ranked near Latvia

  1. 136 Slovak Republic 16.5 days compare
  2. 138 Italy 16 days compare
  3. 138 Switzerland 16 days compare

See the full ranking of 186 places →

More private sector data for Latvia

All data for Latvia →

Frequently asked questions

What is registering property: time in Latvia?
Registering property: time in Latvia was 16.5 days in 2019, according to the World Bank.
What is the highest registering property: time recorded in Latvia?
The highest recorded value was 55 days in 2004.
What is the lowest registering property: time recorded in Latvia?
The lowest recorded value was 16.5 days in 2015.
How does Latvia rank for registering property: time?
Latvia ranks 136th out of 184 countries with data for 2019.
Is registering property: time rising or falling in Latvia?
Over the last ten years it is down 62.9%. The long-run trend across the full record is volatile.
Where does this Latvia 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.