Dealing with construction permits: Cost (% of Warehouse value) in Cyprus
Cyprus: Dealing with construction permits: Cost (% of Warehouse value) was 0.9% in 2019. ▲ Rising
Dealing with construction permits: Cost in Cyprus, 2008–2019
Source: World Bank. Measured in % of Warehouse value.
Analysis
The most recent figure for dealing with construction permits: cost in Cyprus is 0.9%, measured in 2019.
Compared with earlier readings it is down 10.0% on the previous year and up 12.5% over ten years.
Over the whole period, dealing with construction permits: cost in Cyprus peaked at 1.2% in 2014 and was at its lowest, 0.8%, in 2009.
That places Cyprus 143rd out of 188 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Dealing with construction permits: Cost (% of Warehouse value) in Cyprus, year by year
| Year | % of Warehouse value | Change |
|---|---|---|
| 2008 | 1.1% | — |
| 2009 | 0.8% | -27.3% |
| 2010 | 1.0% | +25.0% |
| 2011 | 1.0% | +0.0% |
| 2012 | 0.9% | -10.0% |
| 2013 | 1.1% | +22.2% |
| 2014 | 1.2% | +9.1% |
| 2015 | 1.1% | -8.3% |
| 2016 | 1.1% | +0.0% |
| 2017 | 1.1% | +0.0% |
| 2018 | 1.0% | -9.1% |
| 2019 | 0.9% | -10.0% |
Cyprus compared with similar countries
- Cyprus's 0.9% is below the median for high income countries, which is 1.1%, 78% of the median. (62 countries reporting)
- Cyprus's 0.9% is below the median for Europe & Central Asia, which is 1.7%, 53% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.0% | 0.8% | 1.1% | 2 |
| 2010s | 1.0% | 0.9% | 1.2% | 10 |
Countries ranked near Cyprus
More private sector data for Cyprus
- Merchandise trade 52.1% (2025)
- Food imports 15.0% (2025)
- Manufactures imports 56.5% (2025)
- Merchandise imports 15.29 billion current US$ (2025)
- Commercial service imports 25.20 billion current US$ (2025)
- Food exports 15.9% (2025)
- Manufactures exports 16.5% (2025)
- Merchandise exports 6.19 billion current US$ (2025)
- Commercial service exports 35.55 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,513 current US$ per person (2025)
Frequently asked questions
- What is dealing with construction permits: cost in Cyprus?
- Dealing with construction permits: cost in Cyprus was 0.9% in 2019, according to the World Bank.
- What is the highest dealing with construction permits: cost recorded in Cyprus?
- The highest recorded value was 1.2% in 2014.
- What is the lowest dealing with construction permits: cost recorded in Cyprus?
- The lowest recorded value was 0.8% in 2009.
- How does Cyprus rank for dealing with construction permits: cost?
- Cyprus ranks 143rd out of 188 countries with data for 2019.
- Is dealing with construction permits: cost rising or falling in Cyprus?
- Over the last ten years it is up 12.5%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from the World Bank, published as part of Dealing with construction permits: Cost (% of Warehouse value). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.