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Lower middle income - Time to import

Time to import, border compliance (hours)

The value for Time to import, border compliance (hours) in Lower middle income was 107.75 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 120.98 in 2016 and a minimum value of 107.75 in 2019.

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/).

Year	Value
2014	117.83
2015	114.12
2016	120.98
2017	115.94
2018	109.79
2019	107.75

Time to import, documentary compliance (hours)

The value for Time to import, documentary compliance (hours) in Lower middle income was 71.03 as of 2019. As the graph below shows, over the past 5 years this indicator reached a maximum value of 99.77 in 2014 and a minimum value of 71.03 in 2019.

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/).

Year	Value
2014	99.77
2015	91.48
2016	87.74
2017	84.51
2018	74.27
2019	71.03

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Trade facilitation