Equatorial Guinea vs South Korea: Dealing with construction permits: Cost (% of Warehouse value)
Dealing with construction permits: Cost (% of Warehouse value) over time
- Equatorial Guinea
- South Korea
How they compare
South Korea currently reports 4.4% against 4.1% in Equatorial Guinea, a difference of 0.3%.
That makes South Korea's figure about 1.1 times Equatorial Guinea's.
Across all 15 years both countries report, South Korea has been ahead every year.
Equatorial Guinea ranks 65th and South Korea ranks 63rd of 188 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Equatorial Guinea | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.1% | 4.4% | 0.3% | South Korea |
| 2010s | 4.1% | 4.3% | 0.2% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher dealing with construction permits: cost, Equatorial Guinea or South Korea?
- South Korea, at 4.4% against 4.1% in Equatorial Guinea as of 2019.
- What is the difference in dealing with construction permits: cost between Equatorial Guinea and South Korea?
- 0.3%, with South Korea ahead.
- How many years of comparable data are there for Equatorial Guinea and South Korea?
- 15 years are reported by both, from 2005 to 2019.
- How do Equatorial Guinea and South Korea rank globally for dealing with construction permits: cost?
- Equatorial Guinea ranks 65th and South Korea ranks 63rd of 188 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.