Time to import: Border compliance (hours) in Panama

Panama: Time to import: Border compliance (hours) was 24 DB16-20 methodology in 2019. ▬ Flat

Latest (2019)
24 DB16-20 methodology
Change on year
unchanged
World rank
124th
of 186 countries
All-time high
24 DB16-20 methodology
in 2014
All-time low
24 DB16-20 methodology
in 2014
Years of data
6
2014–2019

Time to import: Border compliance (hours) in Panama, 2014–2019

05101520252014201620192014: 24 DB16-20 methodology2015: 24 DB16-20 methodology2016: 24 DB16-20 methodology2017: 24 DB16-20 methodology2018: 24 DB16-20 methodology2019: 24 DB16-20 methodology

Source: World Bank. Measured in DB16-20 methodology.

Analysis

In 2019, time to import: border compliance (hours) in Panama stood at 24 DB16-20 methodology. That is the highest value across all 6 years on record.

That represents a change of unchanged over ten years.

Panama ranks 124th of 186 countries on this measure, in the middle of the range.

Countries ranked near Panama

  1. 121 Saint Lucia 26.57 DB16-20 methodology compare
  2. 122 Tonga 25.5 DB16-20 methodology compare
  3. 123 New Zealand 25 DB16-20 methodology compare
  4. 124 Dominican Republic 24 DB16-20 methodology compare
  5. 124 Ecuador 24 DB16-20 methodology compare
  6. 124 Iceland 24 DB16-20 methodology compare
  7. 124 Ireland 24 DB16-20 methodology compare
  8. 124 Paraguay 24 DB16-20 methodology compare

See the full ranking of 188 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is time to import: border compliance (hours) in Panama?
Time to import: border compliance (hours) in Panama was 24 DB16-20 methodology in 2019, according to the World Bank.
What is the highest time to import: border compliance (hours) recorded in Panama?
The highest recorded value was 24 DB16-20 methodology in 2014.
What is the lowest time to import: border compliance (hours) recorded in Panama?
The lowest recorded value was 24 DB16-20 methodology in 2014.
How does Panama rank for time to import: border compliance (hours)?
Panama ranks 124th out of 186 countries with data for 2019.
Is time to import: border compliance (hours) rising or falling in Panama?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Time to import: Border compliance (hours) (DB16-20 methodology). Statizoid updates them automatically from the source API.

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About this data

Indicator
Time to import: Border compliance (hours) (DB16-20 methodology)
Unit
DB16-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
188 places, 1,126 data points, 2014–2019
Last refreshed

The time for border compliance to import records the time associated with compliance with the economy’s customs regulations and with regulations relating to other inspections that are mandatory in order for the import shipment to cross the economy’s border, as well as the time and cost for handling that takes place at its port or border. It is calculate in hours. The time for this segment includes time for customs clearance and inspection procedures conducted by other agencies. If all customs clearance and other inspections take place at the port or border at the same time, the time estimate for border compliance takes this simultaneity into account. The component indicator is computed based on the methodology in the DB16-20 studies.