St. Lucia

Ease of Doing Business in

St. Lucia

This page summarizes Doing Business 2015 data for St. Lucia. The first section presents the Ease of Doing Business rank (out of 189 economies) and the distance to frontier (DTF)** measure, overall and by topic. The second section summarizes the key indicators for each topic benchmarked against regional averages.

Economy Overview

 
Region Latin America & Caribbean
Income Category Upper middle income
Population 182,273
GNI Per Capita (US$) 7,090
City covered Castries
Doing Business 2015 Rank Doing Business 2014 Rank*** Change in Rank
100 95 down -5

Doing Business 2015 DTF** (% points) Doing Business 2014 DTF** (% points) Change in DTF** (% points)
61.35 61.08 down 0.27
Positive=Doing Business reform making it easier to do business. Negative=Change making it more difficult to do business.

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 2015 Rank 39 DB 2014 Rank*** 40 Change in Rank up1
DB 2015 DTF** (% points) 79.64 DB 2014 DTF** (% points) 79.52 Change in DTF** (% points) up0.12
Indicator St. Lucia 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)
13.0 13.3 11.9

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)
115.0 178.3 149.5

Cost is recorded as a percentage of the warehouse value.

View methodology
Cost (% of warehouse value)
0.7 2.7 1.7
No. Procedure Time to Complete Associated Costs
1 Obtain copy of land register extract 1 day XCD 10
* 2 Obtain survey plan, building forms, location plan and LRTP map extract 1 day XCD 30
3 Obtain recommendations from Health Department 21 days XCD 250
* 4 Obtain recommendations from Fire Department 14 days XCD 600
* 5 Receive stamp on drawings from a registered electrical engineer 3 days XCD 1,400
6 Obtain approval from DCA's Commercial Committee 42 days XCD 4,200
7 Receive random inspection 1 day no charge
8 Request inspection by Fire Department 1 day no charge
* 9 Request inspection from WASCO (Water Department) 1 day no charge
* 10 Receive inspection by Fire Department 1 day no charge
* 11 Receive inspection from WASCO (Water Department) 1 day no charge
12 Obtain water connection 45 days XCD 150
* 13 Obtain Fire Department letter 12 days no charge
* Takes place simultaneously with another procedure.

**The distance to frontier score shows how far on average an economy is at a point in time from the best performance achieved by any economy on each Doing Business indicator since 2005 or the third year in which data for the indicator were collected. The measure is normalized to range between 0 and 100, with 100 representing the frontier. Read more...

***Last year's rankings are adjusted. They are based on 10 topics and reflect data corrections.

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