Euro Area - Time Required To Build A Warehouse (days)

Time required to build a warehouse (days) in Euro area was reported at 189 days in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Euro area - Time required to build a warehouse (days) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2020.


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euro area time required to build a warehouse days wb data


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)
76.08
Business extent of disclosure index (0=less disclosure to 10=more disclosure)
6.32
Ease of doing business index (1=most business-friendly regulations)
32.84
New business density (new registrations per 1;000 people ages 15-64)
2.8
Average time to clear exports through customs (days)
2.83 days
Power outages in firms in a typical month
0.45
Cost to export, border compliance (US$)
107
Cost to export, documentary compliance (US$)
18.84
Time to export, border compliance (hours)
10.28 hours
Time to export, documentary compliance (hours)
2.16 hours
Firms using banks to finance working capital (% of firms)
25.57 %
Bribery incidence (% of firms experiencing at least one bribe payment request)
4 %
Firms competing against unregistered firms (% of firms)
38.57 %
Informal payments to public officials (% of firms)
8.98 %
Losses due to theft, robbery, vandalism, and arson (% sales)
1.72 %
Time required to obtain an operating license (days)
28.1 days
Firms with female top manager (% of firms)
21.3 %
Firms with female participation in ownership (% of firms)
36.33 %
Firms formally registered when operations started (% of firms)
98.92 %
Time to import, documentary compliance (hours)
0.5947 hours
Time to resolve insolvency (years)
1.86 years
Time required to enforce a contract (days)
671 days
Time required to register property (days) WDI
25.32 days
Procedures to register property
5.32
Cost of business start-up procedures, female (% of GNI per capita)
3.21 %
Cost of business start-up procedures, male (% of GNI per capita)
3.21 %
Cost of business start-up procedures (% of GNI per capita)
8.2 %
Time required to start a business (days)
9.82 days
Total tax rate (% of profit)
42.84 %
Time required to build a warehouse (days)
189 days
Procedures to build a warehouse
12.63
Burden of customs procedure, WEF (1=extremely inefficient to 7=extremely efficient)
5.02
International tourism, expenditures (% of total imports)
5.33 %
Merchandise trade (% of GDP)
71.17 %
Food imports (% of merchandise imports)
9.58 %
Insurance and financial services (% of commercial service imports)
7.02 %
Manufactures imports (% of merchandise imports)
71.39 %
Merchandise imports from economies in the Arab World (% of total merchandise imports)
2.74 %
Merchandise imports
4726705000000 USD
Merchandise imports by the reporting economy, residual (% of total merchandise imports)
0.2255 %
Merchandise imports by the reporting economy
4270744025376 USD
Computer, communications and other services (% of commercial service imports)
51.44 %
Commercial service imports
1644381004276 USD
Transport services (% of commercial service imports)
20.62 %
Travel services (% of commercial service imports)
20.91 %
Food exports (% of merchandise exports)
9.64 %
Insurance and financial services (% of commercial service exports)
7.97 %
Manufactures exports (% of merchandise exports)
79.17 %
Merchandise exports to developing economies in South Asia (% of total merchandise exports)
1.07 %
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)
0.8967 %
Merchandise exports by the reporting economy
4564154444080 USD
Computer, communications and other services (% of commercial service exports)
53.39 %
Commercial service exports
1818661053447 USD
High-technology exports
582182985473 USD
High-technology exports (% of manufactured exports)
15.98 %
Transport services (% of commercial service exports)
18.76 %
Travel services (% of commercial service exports)
19.89 %
Merchandise exports to developing economies in Middle East & North Africa (% of total merchandise exports)
2.18 %
Merchandise exports to developing economies in Latin America & the Caribbean (% of total merchandise exports)
1.99 %
Merchandise exports to developing economies in Europe & Central Asia (% of total merchandise exports)
5.67 %
Merchandise exports to developing economies in East Asia & Pacific (% of total merchandise exports)
5.22 %
Merchandise exports to developing economies outside region (% of total merchandise exports)
17.61 %
Merchandise exports to high-income economies (% of total merchandise exports)
81.49 %
Merchandise exports
4985866000000 USD
Merchandise exports to economies in the Arab World (% of total merchandise exports)
3.8 %
Merchandise imports from developing economies in Sub-Saharan Africa (% of total merchandise imports)
1.44 %
Merchandise imports from developing economies in South Asia (% of total merchandise imports)
1.35 %
Merchandise imports from developing economies in Middle East & North Africa (% of total merchandise imports)
2.08 %
Merchandise imports from developing economies in Latin America & the Caribbean (% of total merchandise imports)
1.83 %
Merchandise imports from developing economies in Europe & Central Asia (% of total merchandise imports)
6.73 %
Merchandise imports from developing economies in East Asia & Pacific (% of total merchandise imports)
9.54 %
Merchandise imports from developing economies outside region (% of total merchandise imports)
22.96 %
Merchandise imports from high-income economies (% of total merchandise imports)
76.82 %
International tourism, expenditures
290837000000 USD
International tourism, expenditures for travel items
263042000000 USD
International tourism, receipts for travel items
324751000000 USD
International tourism, receipts (% of total exports)
6.24 %
International tourism, receipts
375582000000 USD
International tourism, number of departures
262760348
International tourism, number of arrivals
396702000
Logistics performance index: Ability to track and trace consignments (1=low to 5=high)
3.71
Logistics performance index: Frequency with which shipments reach consignee within scheduled or expected time (1=low to 5=high)
4.06
Logistics performance index: Overall (1=low to 5=high)
3.66
Logistics performance index: Competence and quality of logistics services (1=low to 5=high)
3.56
Logistics performance index: Ease of arranging competitively priced shipments (1=low to 5=high)
3.51
Logistics performance index: Quality of trade and transport-related infrastructure (1=low to 5=high)
3.64
Logistics performance index: Efficiency of customs clearance process (1=low to 5=high)
3.48
Lead time to import, median case (days)
2.62 days
Profit tax (% of commercial profits)
12.86 %
Tax payments
10.32
Other taxes payable by businesses (% of commercial profits)
1.72 %
Average number of times firms spent in meetings with tax officials
2.12
Labor tax and contributions (% of commercial profits)
28.27 %
Firms expected to give gifts in meetings with tax officials (% of firms)
2.72 %
Time to prepare and pay taxes (hours)
146 hours
Start-up procedures to register a business, male
5.05
Start-up procedures to register a business, female
5.05
Start-up procedures to register a business
5.05
Time required to start a business, male (days)
9.82 days
Time required to start a business, female (days)
9.82 days
Time to import, border compliance (hours)
2.25 hours
Cost to import, documentary compliance (US$)
6.58
Cost to import, border compliance (US$)
43.05
Management time dealing with officials (% of management time)
7.03 %
Firms offering formal training (% of firms)
34.83 %
ISO certification ownership (% of firms)
26.34 %