Time required to register property rose 0% to 16.5 days in Latvia in 2018, according to the National Statistical Office.
Historically, time required to register property in Latvia reached an all time high of 55.0 days in 2005 and an all time low of 16.5 days in 2016. When compared to Latvia's main peers, time required to register property in Belarus amounted to 5.00 days, 17.5 days in Estonia, 3.50 days in Lithuania and 14.0 days in Russia in 2018.
Latvia has been ranked 126th within the group of 170 countries we follow in terms of time required to register property, 51 places below the position seen 10 years ago.
Time Required to Register Property | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
Belarus | days | ... | ... | ... | ... | ... | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | |||||||||||
China | days | ... | ... | ... | ... | ... | 23.5 | 23.5 | 23.5 | 23.5 | 23.5 | |||||||||||
Estonia | days | ... | ... | ... | ... | ... | 17.5 | 17.5 | 17.5 | 17.5 | 17.5 | |||||||||||
Finland | days | ... | ... | ... | ... | ... | 14.0 | 62.0 | 62.0 | 62.0 | 62.0 | |||||||||||
Germany | days | ... | ... | ... | ... | ... | 52.0 | 52.0 | 52.0 | 52.0 | 52.0 | |||||||||||
Japan | days | ... | ... | ... | ... | ... | 13.0 | 13.0 | 13.0 | 13.0 | 13.0 | |||||||||||
Latvia | days | ... | ... | ... | ... | ... | 17.5 | 17.5 | 16.5 | 16.5 | 16.5 | |||||||||||
Lithuania | days | ... | ... | ... | ... | ... | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 | |||||||||||
Poland | days | ... | ... | ... | ... | ... | 33.0 | 33.0 | 33.0 | 33.0 | 33.0 | |||||||||||
Russia | days | ... | ... | ... | ... | ... | 24.8 | 21.0 | 17.0 | 17.0 | 14.0 | |||||||||||
USA | days | ... | ... | ... | ... | ... | 15.2 | 15.2 | 15.2 | 15.2 | 15.2 | |||||||||||
Ukraine | days | ... | ... | ... | ... | ... | 45.0 | 27.0 | 16.0 | 16.0 | 16.0 |