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

Colombia: Trading across borders: Cost to import: Documentary compliance (USD) was 50 DB16-20 methodology in 2019. ▬ Flat

Latest (2019)
50 DB16-20 methodology
Change on year
unchanged
World rank
135th
of 186 countries
All-time high
50 DB16-20 methodology
in 2014
All-time low
50 DB16-20 methodology
in 2014
Years of data
6
2014–2019

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

010203040502014201620192014: 50 DB16-20 methodology2015: 50 DB16-20 methodology2016: 50 DB16-20 methodology2017: 50 DB16-20 methodology2018: 50 DB16-20 methodology2019: 50 DB16-20 methodology

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

Analysis

In 2019, trading across borders: cost to import: documentary compliance (usd) in Colombia stood at 50 DB16-20 methodology. That is the highest value across all 6 years on record.

The figure is unchanged over ten years.

That places Colombia 135th out of 186 countries with data for 2019, putting it in the middle of the range.

Countries ranked near Colombia

  1. 132 Fiji 57.5 DB16-20 methodology compare
  2. 133 Hong Kong 56.8 DB16-20 methodology compare
  3. 134 Turkey 55 DB16-20 methodology compare
  4. 135 Bhutan 50 DB16-20 methodology compare
  5. 135 Brunei 50 DB16-20 methodology compare
  6. 135 Chile 50 DB16-20 methodology compare
  7. 135 Cyprus 50 DB16-20 methodology compare
  8. 135 Dominica 50 DB16-20 methodology compare
  9. 135 Grenada 50 DB16-20 methodology compare
  10. 135 North Macedonia 50 DB16-20 methodology compare
  11. 135 Panama 50 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: documentary compliance (usd) in Colombia?
Trading across borders: cost to import: documentary compliance (usd) in Colombia was 50 DB16-20 methodology in 2019, according to the World Bank.
What is the highest trading across borders: cost to import: documentary compliance (usd) recorded in Colombia?
The highest recorded value was 50 DB16-20 methodology in 2014.
What is the lowest trading across borders: cost to import: documentary compliance (usd) recorded in Colombia?
The lowest recorded value was 50 DB16-20 methodology in 2014.
How does Colombia rank for trading across borders: cost to import: documentary compliance (usd)?
Colombia ranks 135th out of 186 countries with data for 2019.
Is trading across borders: cost to import: documentary 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: Documentary compliance (USD) (DB16-20 methodology). Statizoid updates them automatically from the source API.

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About this data

Indicator
Trading across borders: Cost to import: Documentary 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 documentary compliance to import records the cost 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 US dollars. The cost for documentary compliance includes the cost for obtaining, preparing, processing, presenting and submitting documents. Insurance cost and 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.