Dealing with construction permits: Cost (% of Warehouse value) in Guyana
Guyana: Dealing with construction permits: Cost (% of Warehouse value) was 2.4% in 2019. ◆ Volatile
Dealing with construction permits: Cost in Guyana, 2005–2019
Source: World Bank. Measured in % of Warehouse value.
Analysis
The most recent figure for dealing with construction permits: cost in Guyana is 2.4%, measured in 2019. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 4.0% on the previous year and down 45.5% over ten years.
Over the whole period, dealing with construction permits: cost in Guyana peaked at 12.0% in 2005 and was at its lowest, 2.4%, in 2019.
Guyana ranks 94th of 188 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Dealing with construction permits: Cost (% of Warehouse value) in Guyana, year by year
| Year | % of Warehouse value | Change |
|---|---|---|
| 2005 | 12.0% | — |
| 2006 | 11.7% | -2.5% |
| 2007 | 10.3% | -12.0% |
| 2008 | 8.7% | -15.5% |
| 2009 | 4.4% | -49.4% |
| 2010 | 4.4% | +0.0% |
| 2011 | 3.5% | -20.5% |
| 2012 | 3.6% | +2.9% |
| 2013 | 3.3% | -8.3% |
| 2014 | 3.0% | -9.1% |
| 2015 | 2.8% | -6.7% |
| 2016 | 2.8% | +0.0% |
| 2017 | 2.6% | -7.1% |
| 2018 | 2.5% | -3.8% |
| 2019 | 2.4% | -4.0% |
Guyana compared with similar countries
- Guyana's 2.4% is above the median for high income countries, which is 1.1%, 2.1× the median. (62 countries reporting)
- Guyana's 2.4% is above the median for Latin America & Caribbean, which is 1.8%, 1.3× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Dealing with construction permits: Cost (% of Warehouse value) in Guyana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -49.4% | 8.7% | 4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.4% | 4.4% | 12.0% | 5 |
| 2010s | 3.1% | 2.4% | 4.4% | 10 |
Countries ranked near Guyana
More private sector data for Guyana
- Merchandise trade 106.7% (2025)
- Food imports 6.3% (2025)
- Manufactures imports 79.8% (2025)
- Merchandise imports 10.22 billion current US$ (2025)
- Commercial service imports 4.92 billion current US$ (2023)
- Food exports 1.7% (2025)
- Manufactures exports 0.2% (2025)
- Merchandise exports 18.69 billion current US$ (2025)
- Commercial service exports 523.75 million current US$ (2023)
- Merchandise exports (current US$), per capita 22,360 current US$ per person (2025)
Frequently asked questions
- What is dealing with construction permits: cost in Guyana?
- Dealing with construction permits: cost in Guyana was 2.4% in 2019, according to the World Bank.
- What is the highest dealing with construction permits: cost recorded in Guyana?
- The highest recorded value was 12.0% in 2005.
- What is the lowest dealing with construction permits: cost recorded in Guyana?
- The lowest recorded value was 2.4% in 2019.
- How does Guyana rank for dealing with construction permits: cost?
- Guyana ranks 94th out of 188 countries with data for 2019.
- Is dealing with construction permits: cost rising or falling in Guyana?
- Over the last ten years it is down 45.5%. The long-run trend across the full record is volatile.
- Where does this Guyana 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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CSV · JSON — 15 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.