Dealing with construction permits: Cost (% of Warehouse value) in Venezuela
Venezuela: Dealing with construction permits: Cost (% of Warehouse value) was 12.0% in 2019. ◆ Volatile
Dealing with construction permits: Cost in Venezuela, 2005–2019
Source: World Bank. Measured in % of Warehouse value.
Analysis
Venezuela recorded 12.0% for dealing with construction permits: cost in 2019. That is the highest value across all 15 years on record.
That represents a change of up 172.7% on the previous year and up 144.9% over ten years.
Over the whole period, dealing with construction permits: cost in Venezuela peaked at 12.0% in 2019 and was at its lowest, 1.9%, in 2015.
Venezuela ranks 19th of 188 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Dealing with construction permits: Cost (% of Warehouse value) in Venezuela, year by year
| Year | % of Warehouse value | Change |
|---|---|---|
| 2005 | 4.9% | — |
| 2006 | 3.8% | -22.4% |
| 2007 | 2.2% | -42.1% |
| 2008 | 6.7% | +204.5% |
| 2009 | 4.9% | -26.9% |
| 2010 | 4.8% | -2.0% |
| 2011 | 3.6% | -25.0% |
| 2012 | 3.0% | -16.7% |
| 2013 | 2.7% | -10.0% |
| 2014 | 2.1% | -22.2% |
| 2015 | 1.9% | -9.5% |
| 2016 | 2.4% | +26.3% |
| 2017 | 2.8% | +16.7% |
| 2018 | 4.4% | +57.1% |
| 2019 | 12.0% | +172.7% |
Venezuela compared with similar countries
- Venezuela's 12.0% is above the median for lower middle income countries, which is 4.6%, 2.6× the median. (47 countries reporting)
- Venezuela's 12.0% is above the median for Latin America & Caribbean, which is 1.8%, 6.7× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Dealing with construction permits: Cost (% of Warehouse value) in Venezuela 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 |
|---|---|---|---|
| 2008 | +204.5% | 2.2% | 6.7% |
| 2019 | +172.7% | 4.4% | 12.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.5% | 2.2% | 6.7% | 5 |
| 2010s | 4.0% | 1.9% | 12.0% | 10 |
Countries ranked near Venezuela
More private sector data for Venezuela
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Commercial service imports 5.95 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Commercial service exports 1.12 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
Frequently asked questions
- What is dealing with construction permits: cost in Venezuela?
- Dealing with construction permits: cost in Venezuela was 12.0% in 2019, according to the World Bank.
- What is the highest dealing with construction permits: cost recorded in Venezuela?
- The highest recorded value was 12.0% in 2019.
- What is the lowest dealing with construction permits: cost recorded in Venezuela?
- The lowest recorded value was 1.9% in 2015.
- How does Venezuela rank for dealing with construction permits: cost?
- Venezuela ranks 19th out of 188 countries with data for 2019.
- Is dealing with construction permits: cost rising or falling in Venezuela?
- Over the last ten years it is up 144.9%. The long-run trend across the full record is volatile.
- Where does this Venezuela 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.