Dealing with construction permits: Cost (% of Warehouse value) in Marshall Islands
Marshall Islands: Dealing with construction permits: Cost (% of Warehouse value) was 2.2% in 2019. ▲ Rising
Dealing with construction permits: Cost in Marshall Islands, 2005–2019
Source: World Bank. Measured in % of Warehouse value.
Analysis
The most recent figure for dealing with construction permits: cost in Marshall Islands is 2.2%, measured in 2019.
The figure is up 4.8% on the previous year and up 100.0% over ten years.
Over the whole period, dealing with construction permits: cost in Marshall Islands peaked at 2.6% in 2012 and was at its lowest, 0.2%, in 2008.
That places Marshall Islands 100th out of 188 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Dealing with construction permits: Cost (% of Warehouse value) in Marshall Islands, year by year
| Year | % of Warehouse value | Change |
|---|---|---|
| 2005 | 1.2% | — |
| 2006 | 1.1% | -8.3% |
| 2007 | 1.1% | +0.0% |
| 2008 | 0.2% | -81.8% |
| 2009 | 1.1% | +450.0% |
| 2010 | 0.5% | -54.5% |
| 2011 | 0.6% | +20.0% |
| 2012 | 2.6% | +333.3% |
| 2013 | 2.4% | -7.7% |
| 2014 | 2.5% | +4.2% |
| 2015 | 2.5% | +0.0% |
| 2016 | 2.4% | -4.0% |
| 2017 | 2.3% | -4.2% |
| 2018 | 2.1% | -8.7% |
| 2019 | 2.2% | +4.8% |
Marshall Islands compared with similar countries
- Marshall Islands's 2.2% is above the median for upper middle income countries, which is 1.8%, 1.2× the median. (55 countries reporting)
- Marshall Islands's 2.2% is above the median for East Asia & Pacific, which is 2.2%, 1.0× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Dealing with construction permits: Cost (% of Warehouse value) in Marshall Islands 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 | +450.0% | 0.2% | 1.1% |
| 2012 | +333.3% | 0.6% | 2.6% |
| 2008 | -81.8% | 1.1% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9% | 0.2% | 1.2% | 5 |
| 2010s | 2.0% | 0.5% | 2.6% | 10 |
Countries ranked near Marshall Islands
- 97 Malta 2.3% compare
- 97 Philippines 2.3% compare
- 97 Zambia 2.3% compare
- 100 New Zealand 2.2% compare
- 100 Sao Tome and Principe 2.2% compare
- 100 United Arab Emirates 2.2% compare
More private sector data for Marshall Islands
- Merchandise trade 59.4% (2025)
- Merchandise imports 111.00 million current US$ (2025)
- Commercial service imports 64.21 million current US$ (2024)
- Merchandise exports 72.00 million current US$ (2025)
- Commercial service exports 19.38 million current US$ (2024)
- Merchandise exports (current US$), per capita 1,984 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2338 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.46 % change on previous year (2025)
- Merchandise imports (current US$), per capita 3,059 current US$ per person (2025)
- Merchandise imports (current US$), per unit of GDP 0.3604 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is dealing with construction permits: cost in Marshall Islands?
- Dealing with construction permits: cost in Marshall Islands was 2.2% in 2019, according to the World Bank.
- What is the highest dealing with construction permits: cost recorded in Marshall Islands?
- The highest recorded value was 2.6% in 2012.
- What is the lowest dealing with construction permits: cost recorded in Marshall Islands?
- The lowest recorded value was 0.2% in 2008.
- How does Marshall Islands rank for dealing with construction permits: cost?
- Marshall Islands ranks 100th out of 188 countries with data for 2019.
- Is dealing with construction permits: cost rising or falling in Marshall Islands?
- Over the last ten years it is up 100.0%. The long-run trend across the full record is rising.
- Where does this Marshall Islands 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.