Territory of Heard Island and McDonald Islands | Saint Pierre and Miquelon | Vatican City State | Wales | Collectivity of Saint-Barthélemy | Department of Mayotte | Territory of the French Southern and Antarctic Lands | Scotland | Tokelau | Republic of Nauru | Principality of Monaco | Territory of Christmas Island | Western Sahara | United States Minor Outlying Islands | South Georgia and the South Sandwich Islands | England | Bailiwick of Jersey | Territory of the Wallis and Futuna Islands | Saint Helena, Ascension and Tristan da Cunha | Territory of Norfolk Island | Bailiwick of Guernsey | Hong Kong Special Administrative Region of the People's Republic of China | Isle of Man | Greenland | Territory of the Cocos (Keeling) Islands | Åland Islands | Falkland Islands | Pitcairn, Henderson, Ducie and Oeno Islands | Republic of the Marshall Islands | British Indian Ocean Territory | Bouvet Island | Antarctica | Republic of Kosovo | Svalbard and Jan Mayen | Northern Ireland | Republic of Namibia | Time (days)
The time captures the median duration that property lawyers, notaries or registry officials indicate is necessary to complete a procedure. It is calculated in calendar days. The time estimates of all procedures are added to calculate the total time required to obtain transfer the property title, taking into account simultaneity of processes. It is assumed that the minimum time required for each procedure is one day, except for proce­dures that can be fully completed online, for which the time required is recorded as half a day. Development relevance: Registered property rights are necessary to support investment, productivity and growth. Cadasters or surveys, together with land registries, are tools used around the world to map, prove and secure property and use rights. Keeping an up-to-date land information system is crucial as land and buildings account for between half and three-quarters of the wealth in most economies. Implementing an effective property registration system makes local owners more likely to invest in the economy. Formal property markets also increase domestic stability and decrease the likelihood of evictions in poor, urban areas, which is beneficial for employment and productivity. Limitations and exceptions: The Doing Business methodology has five limitations that should be considered when interpreting the data. First, for most economies the collected data refer to businesses in the largest business city and may not be representative of regulation in other parts of the economy. Second, the data often focus on a specific business form—generally a limited liability company (or its legal equivalent) of a specified size—and may not be representative of the regulation on other businesses. Third, transactions described in a standardized case scenario refer to a specific set of issues and may not represent the full set of issues that a business encounters. Fourth, the measures of time involve an element of judgment by the expert respondents. When sources indicate different estimates, the time indicators reported in Doing Business represent the median values of several responses given under the assumptions of the standardized case. Finally, the methodology assumes that a business has full information on what is required and does not waste time when completing procedures. In practice, completing a procedure may take longer if the business lacks information or is unable to follow up promptly. Alternatively, the business may choose to disregard some burdensome procedures. For both reasons the time delays reported in Doing Business would differ from the recollection of entrepreneurs reported in the World Bank Group Enterprise questionnaires or other firm-level questionnaires.. Statistical concept and methodology: Data are collected by the World Bank Group with a standardized questionnaire that uses a simple business case to ensure comparability across economies and over time—with assumptions about the legal form of the business, its size, its location and nature of its operation. Questionnaires are administered to more than 13,800 local experts, including lawyers, business consultants, accountants, freight forwarders, government officials and other professionals routinely administering or advising on legal and regulatory requirements. The Doing Business data are based on a detailed reading of domestic laws, regulations and administrative requirements as well as their implementation in practice as experienced by private firms. The report covers 190 economies—including some of the smallest and poorest economies, for which little or no data are available from other sources. The data are collected through several rounds of communication with expert respondents (both private sector practitioners and government officials), through responses to questionnaires, conference calls, written correspondence and visits by the team. Doing Business relies on four main sources of information: the relevant laws and regulations, Doing Business respondents, the governments of the economies covered and the World Bank Group regional staff.
Publisher
The World Bank
Origin
Republic of Namibia
Records
17
Source
Create chart Download showed records Download Full dataset
Territory of Heard Island and McDonald Islands | Saint Pierre and Miquelon | Vatican City State | Wales | Collectivity of Saint-Barthélemy | Department of Mayotte | Territory of the French Southern and Antarctic Lands | Scotland | Tokelau | Republic of Nauru | Principality of Monaco | Territory of Christmas Island | Western Sahara | United States Minor Outlying Islands | South Georgia and the South Sandwich Islands | England | Bailiwick of Jersey | Territory of the Wallis and Futuna Islands | Saint Helena, Ascension and Tristan da Cunha | Territory of Norfolk Island | Bailiwick of Guernsey | Hong Kong Special Administrative Region of the People's Republic of China | Isle of Man | Greenland | Territory of the Cocos (Keeling) Islands | Åland Islands | Falkland Islands | Pitcairn, Henderson, Ducie and Oeno Islands | Republic of the Marshall Islands | British Indian Ocean Territory | Bouvet Island | Antarctica | Republic of Kosovo | Svalbard and Jan Mayen | Northern Ireland | Republic of Namibia | Time (days)
2004
2005
2006
2007
2008
2009
375 2010
375 2011
373 2012
242 2013
240 2014
241 2015
241 2016
241 2017
241 2018
239 2019
237 2020
Territory of Heard Island and McDonald Islands | Saint Pierre and Miquelon | Vatican City State | Wales | Collectivity of Saint-Barthélemy | Department of Mayotte | Territory of the French Southern and Antarctic Lands | Scotland | Tokelau | Republic of Nauru | Principality of Monaco | Territory of Christmas Island | Western Sahara | United States Minor Outlying Islands | South Georgia and the South Sandwich Islands | England | Bailiwick of Jersey | Territory of the Wallis and Futuna Islands | Saint Helena, Ascension and Tristan da Cunha | Territory of Norfolk Island | Bailiwick of Guernsey | Hong Kong Special Administrative Region of the People's Republic of China | Isle of Man | Greenland | Territory of the Cocos (Keeling) Islands | Åland Islands | Falkland Islands | Pitcairn, Henderson, Ducie and Oeno Islands | Republic of the Marshall Islands | British Indian Ocean Territory | Bouvet Island | Antarctica | Republic of Kosovo | Svalbard and Jan Mayen | Northern Ireland | Republic of Namibia | Time (days)
The time captures the median duration that property lawyers, notaries or registry officials indicate is necessary to complete a procedure. It is calculated in calendar days. The time estimates of all procedures are added to calculate the total time required to obtain transfer the property title, taking into account simultaneity of processes. It is assumed that the minimum time required for each procedure is one day, except for proce­dures that can be fully completed online, for which the time required is recorded as half a day. Development relevance: Registered property rights are necessary to support investment, productivity and growth. Cadasters or surveys, together with land registries, are tools used around the world to map, prove and secure property and use rights. Keeping an up-to-date land information system is crucial as land and buildings account for between half and three-quarters of the wealth in most economies. Implementing an effective property registration system makes local owners more likely to invest in the economy. Formal property markets also increase domestic stability and decrease the likelihood of evictions in poor, urban areas, which is beneficial for employment and productivity. Limitations and exceptions: The Doing Business methodology has five limitations that should be considered when interpreting the data. First, for most economies the collected data refer to businesses in the largest business city and may not be representative of regulation in other parts of the economy. Second, the data often focus on a specific business form—generally a limited liability company (or its legal equivalent) of a specified size—and may not be representative of the regulation on other businesses. Third, transactions described in a standardized case scenario refer to a specific set of issues and may not represent the full set of issues that a business encounters. Fourth, the measures of time involve an element of judgment by the expert respondents. When sources indicate different estimates, the time indicators reported in Doing Business represent the median values of several responses given under the assumptions of the standardized case. Finally, the methodology assumes that a business has full information on what is required and does not waste time when completing procedures. In practice, completing a procedure may take longer if the business lacks information or is unable to follow up promptly. Alternatively, the business may choose to disregard some burdensome procedures. For both reasons the time delays reported in Doing Business would differ from the recollection of entrepreneurs reported in the World Bank Group Enterprise questionnaires or other firm-level questionnaires.. Statistical concept and methodology: Data are collected by the World Bank Group with a standardized questionnaire that uses a simple business case to ensure comparability across economies and over time—with assumptions about the legal form of the business, its size, its location and nature of its operation. Questionnaires are administered to more than 13,800 local experts, including lawyers, business consultants, accountants, freight forwarders, government officials and other professionals routinely administering or advising on legal and regulatory requirements. The Doing Business data are based on a detailed reading of domestic laws, regulations and administrative requirements as well as their implementation in practice as experienced by private firms. The report covers 190 economies—including some of the smallest and poorest economies, for which little or no data are available from other sources. The data are collected through several rounds of communication with expert respondents (both private sector practitioners and government officials), through responses to questionnaires, conference calls, written correspondence and visits by the team. Doing Business relies on four main sources of information: the relevant laws and regulations, Doing Business respondents, the governments of the economies covered and the World Bank Group regional staff.
Publisher
The World Bank
Origin
Republic of Namibia
Records
17
Source
Create chart Download showed records Download Full dataset