Nicaragua - Time to import

Time to import, border compliance (hours)

The value for Time to import, border compliance (hours) in Nicaragua was 72.00 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 72.00 in 2019 and a minimum value of 72.00 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 72.00
2015 72.00
2016 72.00
2017 72.00
2018 72.00
2019 72.00

Time to import, documentary compliance (hours)

The value for Time to import, documentary compliance (hours) in Nicaragua was 16.00 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 16.00 in 2019 and a minimum value of 16.00 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 16.00
2015 16.00
2016 16.00
2017 16.00
2018 16.00
2019 16.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation