Dealing with construction permits: Cost in Micronesia, Federated States of
Micronesia, Federated States of: Dealing with construction permits: Cost was 0.6% in 2019. βΌ Falling
Dealing with construction permits: Cost in Micronesia, Federated States of, 2005β2019
Source: World Bank. Measured in % of Warehouse value.
Analysis
The most recent figure for dealing with construction permits: cost in Micronesia, Federated States of is 0.6%, measured in 2019.
Compared with earlier readings it is up 20.0% on the previous year and down 25.0% over ten years.
Over the whole period, dealing with construction permits: cost in Micronesia, Federated States of peaked at 0.9% in 2005 and was at its lowest, 0.5%, in 2013.
Micronesia, Federated States of ranks 153rd of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | 0.7% | 0.9% | 5 |
| 2010s | 0.6% | 0.5% | 0.8% | 10 |
Countries ranked near Micronesia, Federated States of
More private sector data for Micronesia, Federated States of
- Merchandise trade 83.5% (2025)
- Food imports 27.8% (2013)
- Manufactures imports 36.1% (2013)
- Merchandise imports 310.00 million current US$ (2025)
- Food exports 99.2% (2013)
- Manufactures exports 0.5% (2013)
- Merchandise exports 109.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 958.81 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2172 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -41.08 % change on previous year (2025)
Frequently asked questions
- What is dealing with construction permits: cost in Micronesia, Federated States of?
- Dealing with construction permits: cost in Micronesia, Federated States of was 0.6% in 2019, according to the World Bank.
- What is the highest dealing with construction permits: cost recorded in Micronesia, Federated States of?
- The highest recorded value was 0.9% in 2005.
- What is the lowest dealing with construction permits: cost recorded in Micronesia, Federated States of?
- The lowest recorded value was 0.5% in 2013.
- How does Micronesia, Federated States of rank for dealing with construction permits: cost?
- Micronesia, Federated States of ranks 153rd out of 187 countries with data for 2019.
- Is dealing with construction permits: cost rising or falling in Micronesia, Federated States of?
- Over the last ten years it is down 25.0%. The long-run trend across the full record is falling.
- Where does this Micronesia, Federated States of 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
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.