Lower middle income - Cost to import
Cost to import, border compliance (US$)
The latest value for Cost to import, border compliance (US$) in Lower middle income was 537.14 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 541.36 in 2016 and 530.96 in 2014.
Definition: Border compliance captures the time and cost associated with compliance with the economy’s customs regulations and with regulations relating to other inspections that are mandatory in order for the shipment to cross the economy’s border, as well as the time and cost for handling that takes place at its port or border. The time and cost for this segment include time and cost for customs clearance and inspection procedures conducted by other government agencies.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
See also:
| Year | Value |
|---|---|
| 2014 | 530.96 |
| 2015 | 530.96 |
| 2016 | 541.36 |
| 2017 | 539.68 |
| 2018 | 535.60 |
| 2019 | 537.14 |
Cost to import, documentary compliance (US$)
The latest value for Cost to import, documentary compliance (US$) in Lower middle income was 209.31 as of 2019. Over the past 5 years, the value for this indicator has fluctuated between 214.62 in 2016 and 206.71 in 2014.
Definition: Documentary compliance captures the time and cost associated with compliance with the documentary requirements of all government agencies of the origin economy, the destination economy and any transit economies. The aim is to measure the total burden of preparing the bundle of documents that will enable completion of the international trade for the product and partner pair assumed in the case study.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
See also:
| Year | Value |
|---|---|
| 2014 | 206.71 |
| 2015 | 206.71 |
| 2016 | 214.62 |
| 2017 | 213.70 |
| 2018 | 210.22 |
| 2019 | 209.31 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Trade facilitation
