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Time Required to Register Property rose 0% to 22.5 days in Panama in 2018

Time Required to Register Property (days), 2018
Economy | Panama | December 30, 2020
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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