Dealing with construction permits: Cost in Korea
Korea: Dealing with construction permits: Cost was 4.4% in 2019. ▬ Flat
Dealing with construction permits: Cost in Korea, 2005–2019
Source: World Bank. Measured in % of Warehouse value.
Analysis
In 2019, dealing with construction permits: cost in Korea stood at 4.4%.
The figure is unchanged over ten years.
Over the whole period, dealing with construction permits: cost in Korea peaked at 4.5% in 2005 and was at its lowest, 4.3%, in 2011.
Korea ranks 62nd of 187 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.4% | 4.4% | 4.5% | 5 |
| 2010s | 4.3% | 4.3% | 4.4% | 10 |
Countries ranked near Korea
More private sector data for Korea
- Merchandise trade 71.6% (2025)
- Food imports 6.3% (2024)
- Manufactures imports 60.1% (2024)
- Merchandise imports 631.89 billion current US$ (2025)
- Food exports 1.6% (2024)
- Manufactures exports 87.3% (2024)
- Merchandise exports 709.33 billion current US$ (2025)
- Merchandise exports (current US$), per capita 13,724 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3788 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 3.76 % change on previous year (2025)
Frequently asked questions
- What is dealing with construction permits: cost in Korea?
- Dealing with construction permits: cost in Korea was 4.4% in 2019, according to the World Bank.
- What is the highest dealing with construction permits: cost recorded in Korea?
- The highest recorded value was 4.5% in 2005.
- What is the lowest dealing with construction permits: cost recorded in Korea?
- The lowest recorded value was 4.3% in 2011.
- How does Korea rank for dealing with construction permits: cost?
- Korea ranks 62nd out of 187 countries with data for 2019.
- Is dealing with construction permits: cost rising or falling in Korea?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Korea 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.