Colombia

Ease of Doing Business in

Colombia

This page summarizes Doing Business 2013 data for Colombia. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

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Economy Summary
Starting a Business
Dealing with Construction Permits
Getting Electricity
Registering Property
Getting Credit
Protecting Investors
Paying Taxes
Trading Across Borders
Enforcing Contracts
Resolving Insolvency
Region Latin America & Caribbean
Income Category Upper middle income
Population 46,927,125
GNI Per Capita (US$) 6,110
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
45 44 down -1

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
70.2 70.2 0.0
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 61 65 up 4
Dealing with Construction Permits 27 26 up -1
Getting Electricity 134 129 up -5
Registering Property 52 53 up 1
Getting Credit 70 67 up -3
Protecting Investors 6 6 No change
Paying Taxes 99 99 No change
Trading Across Borders 91 91 No change
Enforcing Contracts 154 151 up -3
Resolving Insolvency 21 19 up -2

Economy Profile

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Dealing with Construction Permits

Info

Shown below are the procedures, time, and costs to build a warehouse, including obtaining necessary licenses and permits, completing required notifications and inspections, and obtaining utility connections.

DB 2013 Rank 27 DB 2012 Rank 26 Change in Rank down-1
DB 2013 DTF** (% points) 92.1 DB 2012 DTF** (% points) 91.8 Improvement in DTF** (% points) up0.3
Indicator Colombia Latin America & Caribbean OECD

The total number of procedures required to build a warehouse. A procedure is any interaction of the company’s employees or managers with external parties.

View methodology Procedures (number)
8 13 14

The total number of days required to build a warehouse. The measure captures the median duration that local experts indicate is necessary to complete a procedure in practice.

View methodology Time (days)
46 225 143

Cost is recorded as a percentage of the economy’s income per capita. Only official costs are recorded.

View methodology Cost (% of income per capita)
312.0 143.7 78.7
No. Procedure Time to Complete Associated Costs
1 File for and obtain construction license (licencia de construcción) 33 days COP 9,644,708
* 2 Pay variable charges and tax on Urban Delineation (Impuesto de Delineación Urbana) at the bank 1 day COP 27,194,911
3 Request water connection approval from EAAB 10 days COP 1,845,300
* 4 Receive water inspection from EAAB 1 day no charge
* 5 Obtain water connection from EAAB 10 days no charge
* 6 Receive inspection from authorized contractor 1 day no charge
* 7 Request and obtain telephone connection 4 days COP 200,000
8 Receive final inspection by Mayor’s office 1 day no charge
* Takes place simultaneously with another procedure.

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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