Registering property: Time in Lithuania

Lithuania: Registering property: Time was 3.5 days in 2019. ▼ Falling

Latest (2019)
3.5 days
Change on year
unchanged
World rank
174th
of 184 countries
All-time high
4 days
in 2004
All-time low
3.5 days
in 2011
Years of data
16
2004–2019

Registering property: Time in Lithuania, 2004–2019

012342004201120192004: 4 days2005: 4 days2006: 4 days2007: 4 days2008: 4 days2009: 4 days2010: 4 days2011: 3.5 days2012: 3.5 days2013: 3.5 days2014: 3.5 days2015: 3.5 days2016: 3.5 days2017: 3.5 days2018: 3.5 days2019: 3.5 days

Source: World Bank. Measured in days.

Analysis

In 2019, registering property: time in Lithuania stood at 3.5 days. That is the lowest value across all 16 years on record.

The figure is down 12.5% over ten years.

Over the whole period, registering property: time in Lithuania peaked at 4 days in 2004 and was at its lowest, 3.5 days, in 2011.

Lithuania ranks 174th 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 4 days 4 days 4 days 6
2010s 3.55 days 3.5 days 4 days 10

Countries ranked near Lithuania

  1. 171 Canada 4 days compare
  2. 171 Denmark 4 days compare
  3. 171 Taiwan 4 days compare
  4. 174 Iceland 3.5 days compare
  5. 174 Kyrgyzstan 3.5 days compare
  6. 174 New Zealand 3.5 days compare

See the full ranking of 186 places →

More private sector data for Lithuania

All data for Lithuania →

Frequently asked questions

What is registering property: time in Lithuania?
Registering property: time in Lithuania was 3.5 days in 2019, according to the World Bank.
What is the highest registering property: time recorded in Lithuania?
The highest recorded value was 4 days in 2004.
What is the lowest registering property: time recorded in Lithuania?
The lowest recorded value was 3.5 days in 2011.
How does Lithuania rank for registering property: time?
Lithuania ranks 174th out of 184 countries with data for 2019.
Is registering property: time rising or falling in Lithuania?
Over the last ten years it is down 12.5%. The long-run trend across the full record is falling.
Where does this Lithuania 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.