Time required to register property rose 0% to 22.5 days in Panama in 2018, according to the National Statistical Office.
Historically, time required to register property in Panama reached an all time high of 44.0 days in 2008 and an all time low of 22.5 days in 2014. When compared to Panama's main peers, time required to register property in Colombia amounted to 15.0 days, 11.0 days in Costa Rica, 29.0 days in Honduras and 56.0 days in Nicaragua in 2018.
Panama has been ranked 111th within the group of 170 countries we follow in terms of time required to register property, 28 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 |
Belize | days | ... | ... | ... | ... | ... | ... | 60.0 | 60.0 | 60.0 | 60.0 | 60.0 | ||||||||||
Brazil | days | ... | ... | ... | ... | ... | 31.7 | 31.7 | 31.7 | 31.4 | 31.4 | |||||||||||
Colombia | days | ... | ... | ... | ... | ... | 15.0 | 15.0 | 15.0 | 15.0 | 15.0 | |||||||||||
Costa Rica | days | ... | ... | ... | ... | ... | 19.0 | 19.0 | 19.0 | 19.0 | 11.0 | |||||||||||
El Salvador | days | ... | ... | ... | ... | ... | 31.0 | 31.0 | 31.0 | 31.0 | 31.0 | |||||||||||
Guatemala | days | ... | ... | ... | ... | ... | 24.0 | 24.0 | 24.0 | 24.0 | 24.0 | |||||||||||
Honduras | days | ... | ... | ... | ... | ... | 22.0 | 22.0 | 22.0 | 22.0 | 29.0 | |||||||||||
Mexico | days | ... | ... | ... | ... | ... | 66.2 | 65.3 | 65.3 | 42.1 | 38.8 | |||||||||||
Nicaragua | days | ... | ... | ... | ... | ... | 56.0 | 56.0 | 56.0 | 56.0 | 56.0 | |||||||||||
Panama | days | ... | ... | ... | ... | ... | 29.5 | 22.5 | 22.5 | 22.5 | 22.5 | |||||||||||
Peru | days | ... | ... | ... | ... | ... | 9.50 | 9.50 | 9.50 | 9.50 | 9.50 | |||||||||||
USA | days | ... | ... | ... | ... | ... | 15.2 | 15.2 | 15.2 | 15.2 | 15.2 | |||||||||||
Venezuela | days | ... | ... | ... | ... | ... | 53.0 | 53.0 | 53.0 | 53.0 | 53.0 |