View Topic Details
Research
What's the impact of regulations on business activity? Read brief summaries of important research papers on the importance of property rights.
This topic examines the steps, time, and cost involved in registering property, assuming a standardized case of an entrepreneur who wants to purchase land and a building that is already registered and free of title dispute.
The table below shows the main indicators, which include:
What's the impact of regulations on business activity? Read brief summaries of important research papers on the importance of property rights.
| Region or Economy | Procedures (number) | Time (days) | Cost (% of property value) |
|---|---|---|---|
| East Asia & Pacific | 5.0 | 97.5 | 3.9 |
| Eastern Europe & Central Asia | 5.7 | 59.7 | 2.2 |
| Latin America & Caribbean | 6.8 | 70.4 | 5.9 |
| Middle East & North Africa | 6.1 | 36.1 | 5.7 |
| OECD | 4.7 | 25.0 | 4.6 |
| South Asia | 6.3 | 105.9 | 5.6 |
| Sub-Saharan Africa | 6.7 | 80.7 | 9.9 |
| Afghanistan | 9 | 250 | 4.0 |
| Albania | 6 | 42 | 3.4 |
| Algeria | 11 | 47 | 7.1 |
| Angola | 7 | 184 | 11.4 |
| Antigua and Barbuda | 6 | 26 | 10.8 |
| Argentina | 6 | 52 | 7.0 |
| Armenia | 3 | 4 | 0.3 |
| Australia | 5 | 5 | 4.9 |
| Austria | 3 | 32 | 4.5 |
| Azerbaijan | 4 | 11 | 0.2 |
| Bahamas, the | 7 | 48 | 12.5 |
| Bahrain | 2 | 31 | 0.9 |
| Bangladesh | 8 | 245 | 10.2 |
| Belarus | 3 | 18 | 0.0 |
| Belgium | 7 | 79 | 12.7 |
| Belize | 8 | 60 | 4.7 |
| Benin | 4 | 120 | 11.8 |
| Bhutan | 5 | 64 | 0.0 |
| Bolivia | 7 | 92 | 4.8 |
| Bosnia and Herzegovina | 7 | 84 | 5.2 |
| Botswana | 5 | 16 | 5.0 |
| Brazil | 14 | 42 | 2.7 |
| Brunei Darussalam | no practice | no practice | no practice |
| Bulgaria | 8 | 15 | 2.3 |
| Burkina Faso | 4 | 59 | 13.2 |
| Burundi | 5 | 94 | 6.3 |
| Cambodia | 7 | 56 | 4.4 |
| Cameroon | 5 | 93 | 17.8 |
| Canada | 6 | 17 | 1.8 |
| Cape Verde | 6 | 73 | 7.6 |
| Central African Republic | 5 | 75 | 18.6 |
| Chad | 6 | 44 | 22.7 |
| Chile | 6 | 31 | 1.3 |
| China | 4 | 29 | 3.1 |
| Colombia | 7 | 20 | 2.0 |
| Comoros | 5 | 24 | 20.8 |
| Congo, Dem. Rep. | 8 | 57 | 9.8 |
| Congo, Rep. | 7 | 116 | 10.3 |
| Costa Rica | 6 | 21 | 3.4 |
| Côte d'Ivoire | 6 | 62 | 13.9 |
| Croatia | 5 | 104 | 5.0 |
| Cyprus | 3 | 34 | 10.0 |
| Czech Republic | 4 | 78 | 3.0 |
| Denmark | 6 | 42 | 0.6 |
| Djibouti | 7 | 40 | 13.2 |
| Dominica | 5 | 42 | 13.7 |
| Dominican Republic | 7 | 60 | 3.7 |
| Ecuador | 9 | 16 | 2.1 |
| Egypt, Arab Rep. | 7 | 72 | 0.9 |
| El Salvador | 5 | 31 | 3.8 |
| Equatorial Guinea | 6 | 23 | 6.2 |
| Eritrea | 12 | 101 | 5.2 |
| Estonia | 3 | 18 | 0.5 |
| Ethiopia | 10 | 41 | 2.2 |
| Fiji | 3 | 68 | 2.0 |
| Finland | 3 | 14 | 4.1 |
| France | 8 | 98 | 6.1 |
| Gabon | 7 | 39 | 10.5 |
| Gambia, the | 5 | 371 | 4.6 |
| Georgia | 2 | 3 | 0.0 |
| Germany | 4 | 40 | 5.2 |
| Ghana | 5 | 34 | 1.1 |
| Greece | 11 | 22 | 4.0 |
| Grenada | 8 | 77 | 7.4 |
| Guatemala | 4 | 27 | 1.0 |
| Guinea | 6 | 104 | 13.9 |
| Guinea-Bissau | 9 | 211 | 7.6 |
| Guyana | 6 | 34 | 4.5 |
| Haiti | 5 | 405 | 6.4 |
| Honduras | 7 | 23 | 5.5 |
| Hong Kong, China | 5 | 45 | 5.0 |
| Hungary | 4 | 17 | 11.0 |
| Iceland | 3 | 4 | 2.4 |
| India | 5 | 44 | 7.4 |
| Indonesia | 6 | 22 | 10.7 |
| Iran, Islamic Rep. | 9 | 36 | 10.5 |
| Iraq | 5 | 8 | 7.7 |
| Ireland | 5 | 38 | 6.7 |
| Israel | 7 | 144 | 5.0 |
| Italy | 8 | 27 | 4.6 |
| Jamaica | 6 | 55 | 9.5 |
| Japan | 6 | 14 | 5.0 |
| Jordan | 7 | 21 | 7.5 |
| Kazakhstan | 5 | 40 | 0.1 |
| Kenya | 8 | 64 | 4.2 |
| Kiribati | 5 | 513 | 0.0 |
| Korea, Rep. | 7 | 11 | 5.1 |
| Kosovo | 8 | 33 | 1.0 |
| Kuwait | 8 | 55 | 0.5 |
| Kyrgyz Republic | 4 | 5 | 2.8 |
| Lao PDR | 9 | 135 | 4.1 |
| Latvia | 6 | 45 | 2.0 |
| Lebanon | 8 | 25 | 5.8 |
| Lesotho | 6 | 101 | 8.0 |
| Liberia | 10 | 50 | 13.2 |
| Lithuania | 2 | 3 | 0.5 |
| Luxembourg | 8 | 29 | 10.3 |
| Macedonia, FYR | 5 | 58 | 3.2 |
| Madagascar | 7 | 74 | 9.7 |
| Malawi | 6 | 88 | 3.2 |
| Malaysia | 5 | 144 | 2.6 |
| Maldives | no practice | no practice | no practice |
| Mali | 5 | 29 | 20.0 |
| Marshall Islands | no practice | no practice | no practice |
| Mauritania | 4 | 49 | 5.2 |
| Mauritius | 4 | 26 | 10.7 |
| Mexico | 5 | 74 | 5.2 |
| Micronesia, Fed. Sts. | no practice | no practice | no practice |
| Moldova | 5 | 5 | 0.9 |
| Mongolia | 5 | 11 | 2.1 |
| Montenegro | 8 | 86 | 3.3 |
| Morocco | 8 | 47 | 4.9 |
| Mozambique | 8 | 42 | 11.3 |
| Namibia | 9 | 23 | 9.6 |
| Nepal | 3 | 5 | 4.8 |
| Netherlands | 2 | 5 | 6.2 |
| New Zealand | 2 | 2 | 0.1 |
| Nicaragua | 8 | 124 | 3.8 |
| Niger | 4 | 35 | 11.0 |
| Nigeria | 13 | 82 | 20.9 |
| Norway | 1 | 3 | 2.5 |
| Oman | 2 | 16 | 3.0 |
| Pakistan | 6 | 50 | 7.2 |
| Palau | 5 | 14 | 0.3 |
| Panama | 7 | 32 | 2.4 |
| Papua New Guinea | 4 | 72 | 5.1 |
| Paraguay | 6 | 46 | 3.5 |
| Peru | 4 | 14 | 3.3 |
| Philippines | 8 | 33 | 4.3 |
| Poland | 6 | 197 | 0.5 |
| Portugal | 5 | 12 | 7.4 |
| Puerto Rico | 8 | 194 | 1.4 |
| Qatar | 10 | 16 | 0.3 |
| Romania | 8 | 48 | 1.3 |
| Russian Federation | 6 | 43 | 0.1 |
| Rwanda | 4 | 60 | 0.5 |
| Samoa | 5 | 147 | 1.6 |
| São Tomé and Principe | 7 | 62 | 10.9 |
| Saudi Arabia | 2 | 2 | 0.0 |
| Senegal | 6 | 124 | 20.6 |
| Serbia | 6 | 111 | 2.8 |
| Seychelles | 4 | 33 | 7.0 |
| Sierra Leone | 7 | 236 | 12.4 |
| Singapore | 3 | 5 | 2.8 |
| Slovak Republic | 3 | 17 | 0.1 |
| Slovenia | 6 | 391 | 2.0 |
| Solomon Islands | 10 | 297 | 4.8 |
| South Africa | 6 | 24 | 8.7 |
| Spain | 4 | 18 | 7.2 |
| Sri Lanka | 8 | 83 | 5.1 |
| St. Kitts and Nevis | 6 | 81 | 13.3 |
| St. Lucia | 6 | 16 | 7.4 |
| St. Vincent and the Grenadines | 7 | 38 | 11.9 |
| Sudan | 6 | 9 | 3.0 |
| Suriname | 6 | 197 | 13.8 |
| Swaziland | 11 | 46 | 7.1 |
| Sweden | 2 | 15 | 3.0 |
| Switzerland | 4 | 16 | 0.4 |
| Syrian Arab Republic | 4 | 19 | 28.0 |
| Taiwan, China | 3 | 5 | 6.2 |
| Tajikistan | 6 | 37 | 4.6 |
| Tanzania | 9 | 73 | 4.4 |
| Thailand | 2 | 2 | 1.1 |
| Timor-Leste | no practice | no practice | no practice |
| Togo | 5 | 295 | 13.1 |
| Tonga | 4 | 108 | 10.2 |
| Trinidad and Tobago | 8 | 162 | 7.0 |
| Tunisia | 4 | 39 | 6.1 |
| Turkey | 6 | 6 | 3.0 |
| Uganda | 13 | 77 | 3.5 |
| Ukraine | 10 | 93 | 2.6 |
| United Arab Emirates | 1 | 2 | 2.0 |
| United Kingdom | 2 | 8 | 4.1 |
| United States | 4 | 12 | 0.5 |
| Uruguay | 9 | 66 | 7.1 |
| Uzbekistan | 12 | 78 | 1.5 |
| Vanuatu | 2 | 188 | 7.0 |
| Venezuela, R.B. | 8 | 47 | 2.2 |
| Vietnam | 4 | 57 | 1.1 |
| West Bank and Gaza | 7 | 47 | 0.7 |
| Yemen, Rep. | 6 | 19 | 3.8 |
| Zambia | 6 | 39 | 6.6 |
| Zimbabwe | 5 | 31 | 10.1 |