Time to import: Documentary compliance (hours) in Panama

Panama: Time to import: Documentary compliance (hours) was 6 DB16-20 methodology in 2019. ▬ Flat

Latest (2019)
6 DB16-20 methodology
Change on year
unchanged
World rank
130th
of 186 countries
All-time high
6 DB16-20 methodology
in 2014
All-time low
6 DB16-20 methodology
in 2014
Years of data
6
2014–2019

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

02462014201620192014: 6 DB16-20 methodology2015: 6 DB16-20 methodology2016: 6 DB16-20 methodology2017: 6 DB16-20 methodology2018: 6 DB16-20 methodology2019: 6 DB16-20 methodology

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

Analysis

In 2019, time to import: documentary compliance (hours) in Panama stood at 6 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 130th of 186 countries on this measure, in the middle of the range.

Countries ranked near Panama

  1. 127 United States 7.5 DB16-20 methodology compare
  2. 128 Oman 7 DB16-20 methodology compare
  3. 129 Malaysia 6.5 DB16-20 methodology compare
  4. 130 Bahamas 6 DB16-20 methodology compare
  5. 132 Kazakhstan 5.5 DB16-20 methodology compare
  6. 132 Montenegro 5.5 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: documentary compliance (hours) in Panama?
Time to import: documentary compliance (hours) in Panama was 6 DB16-20 methodology in 2019, according to the World Bank.
What is the highest time to import: documentary compliance (hours) recorded in Panama?
The highest recorded value was 6 DB16-20 methodology in 2014.
What is the lowest time to import: documentary compliance (hours) recorded in Panama?
The lowest recorded value was 6 DB16-20 methodology in 2014.
How does Panama rank for time to import: documentary compliance (hours)?
Panama ranks 130th out of 186 countries with data for 2019.
Is time to import: documentary 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: Documentary compliance (hours) (DB16-20 methodology). Statizoid updates them automatically from the source API.

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About this data

Indicator
Time to import: Documentary 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 documentary compliance to import records the time associated with compliance with the import documentary requirements of all government agencies of the origin economy, the destination economy and any transit economies. It is calculated in hours. It includes the time for obtaining documents, preparing documents, processing documents, presenting documents and submitting documents. All electronic or paper submissions of information requested by any government agency in connection with the shipment are considered to be documents obtained, prepared and submitted during the import process. All documents prepared by the freight forwarder or customs broker for the product and partner pair assumed in the case study are included regardless of whether they are required by law or in practice. The component indicator is computed based on the methodology in the DB16-20 studies.