Registering property: Time in Panama

Panama: Registering property: Time was 22.5 days in 2019. ▼ Falling

Latest (2019)
22.5 days
Change on year
unchanged
World rank
118th
of 184 countries
All-time high
44 days
in 2004
All-time low
22.5 days
in 2014
Years of data
16
2004–2019

Registering property: Time in Panama, 2004–2019

0102030402004201120192004: 44 days2005: 44 days2006: 44 days2007: 44 days2008: 44 days2009: 32 days2010: 32 days2011: 32 days2012: 28.5 days2013: 29.5 days2014: 22.5 days2015: 22.5 days2016: 22.5 days2017: 22.5 days2018: 22.5 days2019: 22.5 days

Source: World Bank. Measured in days.

Analysis

The most recent figure for registering property: time in Panama is 22.5 days, measured in 2019. That is the lowest value across all 16 years on record.

The figure is down 29.7% over ten years.

Over the whole period, registering property: time in Panama peaked at 44 days in 2004 and was at its lowest, 22.5 days, in 2014.

Panama ranks 118th of 184 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 42 days 32 days 44 days 6
2010s 25.7 days 22.5 days 32 days 10

Countries ranked near Panama

  1. 115 Burundi 23 days compare
  2. 115 Equatorial Guinea 23 days compare
  3. 115 South Africa 23 days compare
  4. 119 United Kingdom 21.5 days compare
  5. 120 Eswatini 21 days compare
  6. 121 Austria 20.5 days compare

See the full ranking of 186 places →

More private sector data for Panama

All data for Panama →

Frequently asked questions

What is registering property: time in Panama?
Registering property: time in Panama was 22.5 days in 2019, according to the World Bank.
What is the highest registering property: time recorded in Panama?
The highest recorded value was 44 days in 2004.
What is the lowest registering property: time recorded in Panama?
The lowest recorded value was 22.5 days in 2014.
How does Panama rank for registering property: time?
Panama ranks 118th out of 184 countries with data for 2019.
Is registering property: time rising or falling in Panama?
Over the last ten years it is down 29.7%. The long-run trend across the full record is falling.
Where does this Panama 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.