Indicator Definition:
The time captures the median duration that local experts indicate is necessary to complete a procedure in practice. It is calculated in calendar days. The time estimates of all procedures are added to calculate the total time required to complete each procedure, taking into account simultaneity of processes. It is assumed that the minimum time required for each procedure is one day, except for procedures that can be fully completed online, for which the time required is recorded as half a day.
The indicator "Dealing with construction permits: Time (days)" stands at 159.00 as of 12/31/2019.
Regarding the One-Year-Change of the series, the current value is equal to the value the year prior.
The 1 year change in percent is 0.0.
The 3 year change in percent is -0.625.
The 5 year change in percent is 21.37.
The 10 year change in percent is 32.50.
| Measure | Realization |
| Indicator Name: | Dealing with construction permits: Time (days) |
| Indicator Source: | | macro-rankings.com |
| Indicator Description: | The time captures the median duration that local experts indicate is necessary to complete a procedure in practice. It is calculated in calendar days. The time estimates of all procedures are added to calculate the total time required to complete each procedure, taking into account simultaneity of processes. It is assumed that the minimum time required for each procedure is one day, except for procedures that can be fully completed online, for which the time required is recorded as half a day. |
| Observations Date: | 12/31/2005 |