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Metadata Glossary
What's New
Quarterly External Debt Statistics GDDS was updated on April 30, 2024
Quarterly External Debt Statistics SDDS was updated on April 30, 2024
Quarterly Public Sector Debt was updated on April 26, 2024
World Development Indicators was updated on March 28, 2024
Metadata Glossary
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Filtered Results: 10
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Code
IC.PRP.DURS
Indicator Name
Time required to register property (days)
Long definition
Time required to register property is the number of calendar days needed for businesses to secure rights to property.
Source
World Bank, Doing Business project (http://www.doingbusiness.org/).
Topic
Private Sector & Trade: Business environment
Periodicity
Annual
Aggregation method
Unweighted average
Limitations and exceptions
The Doing Business methodology has limitations that should be considered when interpreting the data. First, the data collected refer to businesses in the economy's largest city and may not represent regulations in other locations of the economy. To address this limitation, subnational indicators are being collected for selected economies. These subnational studies point to significant differences in the speed of reform and the ease of doing business across cities in the same economy. Second, the data often focus on a specific business form - generally a limited liability company of a specified size - and may not represent regulation for other types of businesses such as sole proprietorships. Third, transactions described in a standardized business case refer to a specific set of issues and may not represent the full set of issues a business encounters. Fourth, the time measures involve an element of judgment by the expert respondents. When sources indicate different estimates, the Doing Business time indicators represent the median values of several responses given under the assumptions of the standardized case. Fifth, the methodology assumes that a business has full information on what is required and does not waste time when completing procedures.
General comments
Data are presented for the survey year instead of publication year.
License Type
CC BY-4.0
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