Dealing with construction permits: Cost in Panama
Panama: Dealing with construction permits: Cost was 2.5% in 2019. βΌ Falling
Dealing with construction permits: Cost in Panama, 2005β2019
Source: World Bank. Measured in % of Warehouse value.
Analysis
The most recent figure for dealing with construction permits: cost in Panama is 2.5%, measured in 2019.
Compared with earlier readings it is down 7.4% over ten years.
Over the whole period, dealing with construction permits: cost in Panama peaked at 3.5% in 2005 and was at its lowest, 2.3%, in 2012.
That places Panama 92nd out of 187 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.1% | 2.7% | 3.5% | 5 |
| 2010s | 2.6% | 2.3% | 2.7% | 10 |
Countries ranked near Panama
More private sector data for Panama
- Merchandise trade 41.6% (2025)
- Food imports 18.7% (2024)
- Manufactures imports 60.2% (2024)
- Merchandise imports 25.76 billion current US$ (2025)
- Food exports 73.6% (2024)
- Manufactures exports 10.9% (2024)
- Merchandise exports 11.90 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,604 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1316 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -9.7 % change on previous year (2025)
Frequently asked questions
- What is dealing with construction permits: cost in Panama?
- Dealing with construction permits: cost in Panama was 2.5% in 2019, according to the World Bank.
- What is the highest dealing with construction permits: cost recorded in Panama?
- The highest recorded value was 3.5% in 2005.
- What is the lowest dealing with construction permits: cost recorded in Panama?
- The lowest recorded value was 2.3% in 2012.
- How does Panama rank for dealing with construction permits: cost?
- Panama ranks 92nd out of 187 countries with data for 2019.
- Is dealing with construction permits: cost rising or falling in Panama?
- Over the last ten years it is down 7.4%. The long-run trend across the full record is falling.
- Where does this Panama 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 Β· JSON β 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.