Euro area - Time required to build a warehouse (days)

Time required to build a warehouse (days) in Euro area was reported at 185 days in 2017, according to the World Bank collection of development indicators, compiled from officially recognized sources.



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Time required to build a warehouse is the number of calendar days needed to complete the required procedures for building a warehouse. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.


Euro area | Private Sector

Distance to frontier score (0=lowest performance to 100=frontier)
75.34
Business extent of disclosure index (0=less disclosure to 10=more disclosure)
6.16
Ease of doing business index (1=most business-friendly regulations)
32.84
New business density (new registrations per 1;000 people ages 15-64)
6.94
Business entry rate (new registrations as % of total)
44.31 %
Total businesses registered (number)
8950062
Average time to clear exports through customs (days)
2.92 days
Power outages in firms in a typical month
0.36
Firing cost (weeks of wages)
364
Cost to export (US$ per container)
1015
Cost to export, border compliance (US$)
105
Cost to export, documentary compliance (US$)
18.84
Documents to export
3.89
Lead time to export (days)
10.79 days
Time to export, border compliance (hours)
10.37 hours
Time to export, documentary compliance (hours)
1.37 hours
Firms using banks to finance working capital (% of firms)
27.32 %
Bribery incidence (% of firms experiencing at least one bribe payment request)
3.7 %
Firms competing against unregistered firms (% of firms)
37.9 %
Informal payments to public officials (% of firms)
9.74 %
Losses due to theft, robbery, vandalism, and arson (% sales)
1.84 %
Time required to obtain an operating license (days)
26.62 days
Firms with female top manager (% of firms)
22.12 %
Firms with female participation in ownership (% of firms)
34.42 %
Firms formally registered when operations started (% of firms)
99.08 %
Firms that do not report all sales for tax purposes (% of firms)
32.58 %
ISO certification ownership (% of firms)
26.34 %
Firms offering formal training (% of firms)
37.48 %
Management time dealing with officials (% of management time)
7.22 %
Cost to import (US$ per container)
1082
Cost to import, border compliance (US$)
43.05
Cost to import, documentary compliance (US$)
6.58
Documents to import
4.5
Lead time to import (days)
9.84 days
Time to import, border compliance (hours)
2.32 hours
Time to import, documentary compliance (hours)
1.05 hours
Time to resolve insolvency (years)
1.86 years
Time required to enforce a contract (days)
650 days
Rigidity of employment index (0=less rigid to 100=more rigid)
113
Procedures to enforce a contract
31.95
Time required to register property (days) WDI
25.11 days
Procedures to register property
5.11
Cost of business start-up procedures, female (% of GNI per capita)
3.57 %
Cost of business start-up procedures, male (% of GNI per capita)
3.57 %
Cost of business start-up procedures (% of GNI per capita)
3.57 %
Time required to start a business (days)
9.01 days
Time required to start a business, female (days)
9 days
Time required to start a business, male (days)
9 days
Start-up procedures to register a business
5.16
Start-up procedures to register a business, female
5.16
Start-up procedures to register a business, male
5.16
Time to prepare and pay taxes (hours)
149 hours
Firms expected to give gifts in meetings with tax officials (% of firms)
2.92 %
Labor tax and contributions (% of commercial profits)
27.49 %
Average number of times firms spent in meetings with tax officials
2.08
Other taxes payable by businesses (% of commercial profits)
1.74 %
Tax payments
11
Profit tax (% of commercial profits)
13.32 %
Total tax rate (% of profit)
42.55 %
Time required to build a warehouse (days)
185 days
Procedures to build a warehouse
12.26
Burden of customs procedure, WEF (1=extremely inefficient to 7=extremely efficient)
5.02
Lead time to import, median case (days)
2.62 days
Logistics performance index: Efficiency of customs clearance process (1=low to 5=high)
3.48
Logistics performance index: Quality of trade and transport-related infrastructure (1=low to 5=high)
3.64
Logistics performance index: Ease of arranging competitively priced shipments (1=low to 5=high)
3.51
Logistics performance index: Competence and quality of logistics services (1=low to 5=high)
3.56
Logistics performance index: Overall (1=low to 5=high)
3.66
Logistics performance index: Frequency with which shipments reach consignee within scheduled or expected time (1=low to 5=high)
4.06
Logistics performance index: Ability to track and trace consignments (1=low to 5=high)
3.71
International tourism, number of arrivals
364655000
International tourism, number of departures
253177059
International tourism, receipts
320982000000 USD
International tourism, receipts (% of total exports)
5.9 %
International tourism, receipts for passenger transport items
56466193545 USD
International tourism, expenditures for passenger transport items
45863905598 USD
International tourism, receipts for travel items
279672000000 USD
International tourism, expenditures for travel items
240323000000 USD
International tourism, expenditures
263927000000 USD
International tourism, expenditures (% of total imports)
5.4 %
Merchandise trade (% of GDP)
67.02 %
Food imports (% of merchandise imports)
10.28 %
Insurance and financial services (% of commercial service imports)
7.26 %
Manufactures imports (% of merchandise imports)
72.99 %
Merchandise imports from economies in the Arab World (% of total merchandise imports)
2.53 %
Merchandise imports
3834386941990 USD
Merchandise imports from high-income economies (% of total merchandise imports)
77.3 %
Merchandise imports from developing economies outside region (% of total merchandise imports)
22.33 %
Merchandise imports from developing economies in East Asia & Pacific (% of total merchandise imports)
9.31 %
Merchandise imports from developing economies in Europe & Central Asia (% of total merchandise imports)
6.48 %
Merchandise imports from developing economies in Latin America & the Caribbean (% of total merchandise imports)
1.96 %
Merchandise imports from developing economies in Middle East & North Africa (% of total merchandise imports)
1.78 %
Merchandise imports from developing economies in South Asia (% of total merchandise imports)
1.35 %
Merchandise imports from developing economies in Sub-Saharan Africa (% of total merchandise imports)
1.45 %
Merchandise imports by the reporting economy, residual (% of total merchandise imports)
0.3767 %
Merchandise imports by the reporting economy
3835103257424 USD
Computer, communications and other services (% of commercial service imports)
51.36 %
Commercial service imports
1377247763935 USD
Transport services (% of commercial service imports)
20.23 %
Travel services (% of commercial service imports)
21.15 %
Food exports (% of merchandise exports)
10.14 %
Insurance and financial services (% of commercial service exports)
8.18 %
Manufactures exports (% of merchandise exports)
78.78 %
Merchandise exports to economies in the Arab World (% of total merchandise exports)
4.11 %
Merchandise exports
4164089393580 USD
Merchandise exports to high-income economies (% of total merchandise exports)
81.59 %
Merchandise exports to developing economies outside region (% of total merchandise exports)
17.64 %
Merchandise exports to developing economies in East Asia & Pacific (% of total merchandise exports)
4.91 %
Merchandise exports to developing economies in Europe & Central Asia (% of total merchandise exports)
5.75 %
Merchandise exports to developing economies in Latin America & the Caribbean (% of total merchandise exports)
2.22 %
Merchandise exports to developing economies in Middle East & North Africa (% of total merchandise exports)
2.26 %
Merchandise exports to developing economies in South Asia (% of total merchandise exports)
1.02 %
Merchandise exports to developing economies in Sub-Saharan Africa (% of total merchandise exports)
1.48 %
Merchandise exports by the reporting economy, residual (% of total merchandise exports)
0.7723 %
Merchandise exports by the reporting economy
4163028784105 USD
Computer, communications and other services (% of commercial service exports)
53.68 %
Commercial service exports
1435167689628 USD
High-technology exports
501887312820 USD
High-technology exports (% of manufactured exports)
16.22 %
Transport services (% of commercial service exports)
18.21 %
Travel services (% of commercial service exports)
19.92 %






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