Belize vs Panama: Dealing with construction permits: Cost
Dealing with construction permits: Cost over time
- Belize
- Panama
How they compare
Panama currently reports 2.5% against 2.4% in Belize, a difference of 0.1%.
The two have swapped places 4 times across 15 shared years of data; in 2005 it was Panama ahead.
Belize ranks 93rd and Panama ranks 92nd of 187 countries.
Across the 2 decades both report, Belize averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Belize | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.1% | 3.1% | 0.1% | Panama |
| 2010s | 2.6% | 2.6% | 0.1% | Belize |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher dealing with construction permits: cost, Belize or Panama?
- Panama, at 2.5% against 2.4% in Belize as of 2019.
- What is the difference in dealing with construction permits: cost between Belize and Panama?
- 0.1%, with Panama ahead.
- How many years of comparable data are there for Belize and Panama?
- 15 years are reported by both, from 2005 to 2019.
- How do Belize and Panama rank globally for dealing with construction permits: cost?
- Belize ranks 93rd and Panama ranks 92nd of 187 countries.
- Where does this data come from?
- The World Bank, published as Dealing with construction permits: Cost (% of Warehouse value). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The cost records all official costs associated with completing the procedures to legally build a warehouse, including the costs associated with obtaining land use approvals and preconstruction design clearances; receiving inspections before, during and after construction; obtaining utility connections; and registering the warehouse at the property registry. It is calculated as a percentage of the warehouse value. Nonrecurring taxes required for the completion of the warehouse project are also recorded. Sales taxes (such as value added tax) or capital gains taxes are not recorded. Nor are deposits that must be paid up front and are later refunded.