Trading across borders: Cost to import: Border compliance (USD) in Colombia

Colombia: Trading across borders: Cost to import: Border compliance (USD) was 545 DB16-20 methodology in 2019. ▬ Flat

Latest (2019)
545 DB16-20 methodology
Change on year
unchanged
World rank
64th
of 186 countries
All-time high
545 DB16-20 methodology
in 2014
All-time low
545 DB16-20 methodology
in 2014
Years of data
6
2014–2019

Trading across borders: Cost to import: Border compliance (USD) in Colombia, 2014–2019

02004006002014201620192014: 545 DB16-20 methodology2015: 545 DB16-20 methodology2016: 545 DB16-20 methodology2017: 545 DB16-20 methodology2018: 545 DB16-20 methodology2019: 545 DB16-20 methodology

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

Analysis

Colombia recorded 545 DB16-20 methodology for trading across borders: cost to import: border compliance (usd) in 2019. That is the highest value across all 6 years on record.

The figure is unchanged over ten years.

Colombia ranks 64th of 186 countries on this measure, in the middle of the range.

Countries ranked near Colombia

  1. 61 Ghana 552.86 DB16-20 methodology compare
  2. 62 Guinea-Bissau 550 DB16-20 methodology compare
  3. 63 Antigua and Barbuda 546.39 DB16-20 methodology compare
  4. 64 Mali 545 DB16-20 methodology compare
  5. 66 Saint Vincent and the Grenadines 540 DB16-20 methodology compare
  6. 67 Australia 539 DB16-20 methodology compare

See the full ranking of 188 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is trading across borders: cost to import: border compliance (usd) in Colombia?
Trading across borders: cost to import: border compliance (usd) in Colombia was 545 DB16-20 methodology in 2019, according to the World Bank.
What is the highest trading across borders: cost to import: border compliance (usd) recorded in Colombia?
The highest recorded value was 545 DB16-20 methodology in 2014.
What is the lowest trading across borders: cost to import: border compliance (usd) recorded in Colombia?
The lowest recorded value was 545 DB16-20 methodology in 2014.
How does Colombia rank for trading across borders: cost to import: border compliance (usd)?
Colombia ranks 64th out of 186 countries with data for 2019.
Is trading across borders: cost to import: border compliance (usd) rising or falling in Colombia?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Colombia data come from?
The figures come from the World Bank, published as part of Trading across borders: Cost to import: Border compliance (USD) (DB16-20 methodology). Statizoid updates them automatically from the source API.

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CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Trading across borders: Cost to import: Border compliance (USD) (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 cost for border compliance to import records the cost 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 calculated in US dollars. The cost for this segment include the cost for customs clearance and inspection procedures conducted by other agencies. For example, the cost for conducting a technical standard inspection would be included here. Informal payments for which no receipt is issued are excluded from the costs recorded. The component indicator is computed based on the methodology in the DB16-20 studies.