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.

Trading Across Borders

Info

The costs and procedures involved in importing and exporting a standardized shipment of goods are detailed under this topic. Documents associated with every official procedure are counted - starting from the final contractual agreement between the two parties, and ending with the delivery of the goods.

DB 2015 Rank 122 DB 2014 Rank*** 132 Change in Rank up10
DB 2015 DTF** (% points) 66.44 DB 2014 DTF** (% points) 63.41 Change in DTF** (% points) up3.03
Indicator St. Lucia Latin America & Caribbean OECD

The total number of documents required per shipment to export goods. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account.

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Documents to export (number)
7 6 4

The time necessary to comply with all procedures required to export goods. If a procedure can be accelerated for an additional cost, the fastest legal procedure is chosen.

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Time to export (days)
14.0 16.8 10.5

The cost associated with all procedures required to export goods. Includes the costs for documents, administrative fees for customs clearance and technical control, customs broker fees, terminal handling charges and inland transport.

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Cost to export (US$ per container)
935.0 1,299.1 1,080.3

The Cost to export for each year is divided by GDP deflator, to take the general price level into account when benchmarking this absolute-cost indicator across economies with different inflation trends. In Doing Business 2015 the deflated costs are identical to the non-deflated (base year for the deflator).

View methodology
Cost to export (deflated US$ per container)
935.0 1,299.1 1,080.3

The total number of documents required per shipment to import goods. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account.

View methodology
Documents to import (number)
11 7 4

The time necessary to comply with all procedures required to import goods. If a procedure can be accelerated for an additional cost, the fastest legal procedure is chosen.

View methodology
Time to import (days)
13.0 18.7 9.6

The cost associated with all procedures required to import goods, including for documents, administrative fees for customs clearance and technical control, customs broker fees, terminal handling charges and inland transport.

View methodology
Cost to import (US$ per container)
2,280.0 1,691.1 1,100.4

The cost to import for each year is divided by GDP deflator, to take the general price level into account when benchmarking this absolute-cost indicator across economies with different inflation trends. In Doing Business 2015 the deflated costs are identical to the non-deflated (base year for the deflator).

View methodology
Cost to import (deflated US$ per container)
2,280.0 1,691.1 1,100.4
Nature of Export Procedures Duration (days) US$ Cost
Documents preparation 8 225
Customs clearance and inspections 2 200
Ports and terminal handling 2 300
Inland transportation and handling 2 210
Totals 14 935
Nature of Import Procedures Duration (days) US$ Cost
Documents preparation 8 270
Customs clearance and inspections 1 1,300
Ports and terminal handling 3 500
Inland transportation and handling 1 210
Totals 13 2,280
Export documents
Bill of lading
Certificate of origin
Commercial Invoice
Customs export declaration (Shipping bill)
Customs Release Order (exit certificate)
Notice to Pack for Home Consumption/Export
Packing list
Import documents
Application for Overtime Services
Bill of lading
Certificate of origin
Commercial invoice
Container Examination Request
Customs import declaration (Single Administrative Document --SAD)
Delivery order
Exit note from customs (Customs cargo release order)
Form A
Gate pass
Technical standard/health certificate

**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.

Note: Deflated and non-deflated values are identical in DB2015 because it is defined as the base year for the deflator.

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