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