Dealing with construction permits: Cost in Grenada

Grenada: Dealing with construction permits: Cost was 1.8% in 2019. ▼ Falling

Latest (2019)
1.8%
Change on year
up 5.9%
World rank
109th
of 185 countries
All-time high
4.8%
in 2005
All-time low
1.7%
in 2018
Years of data
15
2005–2019

Dealing with construction permits: Cost in Grenada, 2005–2019

0123452005201220192005: 4.8 % of Warehouse value2006: 4.6 % of Warehouse value2007: 3.9 % of Warehouse value2008: 3.7 % of Warehouse value2009: 3 % of Warehouse value2010: 3.1 % of Warehouse value2011: 3.1 % of Warehouse value2012: 2.4 % of Warehouse value2013: 2.4 % of Warehouse value2014: 2.3 % of Warehouse value2015: 2.1 % of Warehouse value2016: 2 % of Warehouse value2017: 1.9 % of Warehouse value2018: 1.7 % of Warehouse value2019: 1.8 % of Warehouse value

Source: World Bank. Measured in % of Warehouse value.

Analysis

The most recent figure for dealing with construction permits: cost in Grenada is 1.8%, measured in 2019.

Compared with earlier readings it is up 5.9% on the previous year and down 40.0% over ten years.

Over the whole period, dealing with construction permits: cost in Grenada peaked at 4.8% in 2005 and was at its lowest, 1.7%, in 2018.

That places Grenada 109th out of 185 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.0% 3.0% 4.8% 5
2010s 2.3% 1.7% 3.1% 10

Countries ranked near Grenada

  1. 109 Brunei 1.8% compare
  2. 109 Canada 1.8% compare
  3. 109 Ecuador 1.8% compare

See the full ranking of 187 places →

More private sector data for Grenada

All data for Grenada →

Frequently asked questions

What is dealing with construction permits: cost in Grenada?
Dealing with construction permits: cost in Grenada was 1.8% in 2019, according to the World Bank.
What is the highest dealing with construction permits: cost recorded in Grenada?
The highest recorded value was 4.8% in 2005.
What is the lowest dealing with construction permits: cost recorded in Grenada?
The lowest recorded value was 1.7% in 2018.
How does Grenada rank for dealing with construction permits: cost?
Grenada ranks 109th out of 185 countries with data for 2019.
Is dealing with construction permits: cost rising or falling in Grenada?
Over the last ten years it is down 40.0%. The long-run trend across the full record is falling.
Where does this Grenada 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.

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About this data

Indicator
Dealing with construction permits: Cost (% of Warehouse value)
Unit
% of Warehouse value
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 2,740 data points, 2005–2019
Last refreshed

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.