Dealing with construction permits: Cost in Hong Kong
Hong Kong: Dealing with construction permits: Cost was 0.3% in 2019. ▼ Falling
Dealing with construction permits: Cost in Hong Kong, 2005–2019
Source: World Bank. Measured in % of Warehouse value.
Analysis
The most recent figure for dealing with construction permits: cost in Hong Kong is 0.3%, measured in 2019. That is the lowest value across all 15 years on record.
The figure is down 25.0% on the previous year and down 40.0% over ten years.
Over the whole period, dealing with construction permits: cost in Hong Kong peaked at 0.7% in 2005 and was at its lowest, 0.3%, in 2019.
Hong Kong ranks 172nd of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Dealing with construction permits: Cost in Hong Kong, year by year
| Year | % of Warehouse value | Change |
|---|---|---|
| 2005 | 0.7% | — |
| 2006 | 0.6% | -14.3% |
| 2007 | 0.6% | +0.0% |
| 2008 | 0.5% | -16.7% |
| 2009 | 0.5% | +0.0% |
| 2010 | 0.5% | +0.0% |
| 2011 | 0.4% | -20.0% |
| 2012 | 0.4% | +0.0% |
| 2013 | 0.4% | +0.0% |
| 2014 | 0.4% | +0.0% |
| 2015 | 0.4% | +0.0% |
| 2016 | 0.4% | +0.0% |
| 2017 | 0.4% | +0.0% |
| 2018 | 0.4% | +0.0% |
| 2019 | 0.3% | -25.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6% | 0.5% | 0.7% | 5 |
| 2010s | 0.4% | 0.3% | 0.5% | 10 |
Countries ranked near Hong Kong
More private sector data for Hong Kong
- Merchandise trade 371.0% (2025)
- Food imports 3.3% (2024)
- Manufactures imports 83.0% (2024)
- Merchandise imports 831.83 billion current US$ (2025)
- Food exports 1.6% (2024)
- Manufactures exports 87.4% (2024)
- Merchandise exports 753.58 billion current US$ (2025)
- Merchandise exports (current US$), per capita 100,492 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 1.76 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 16.74 % change on previous year (2025)
Frequently asked questions
- What is dealing with construction permits: cost in Hong Kong?
- Dealing with construction permits: cost in Hong Kong was 0.3% in 2019, according to the World Bank.
- What is the highest dealing with construction permits: cost recorded in Hong Kong?
- The highest recorded value was 0.7% in 2005.
- What is the lowest dealing with construction permits: cost recorded in Hong Kong?
- The lowest recorded value was 0.3% in 2019.
- How does Hong Kong rank for dealing with construction permits: cost?
- Hong Kong ranks 172nd out of 188 countries with data for 2019.
- Is dealing with construction permits: cost rising or falling in Hong Kong?
- Over the last ten years it is down 40.0%. The long-run trend across the full record is falling.
- Where does this Hong Kong 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 — 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.