St. Lucia

Ease of Doing Business in

St. Lucia

This page summarizes Doing Business 2014 data for St. Lucia. The first table lists the overall "Ease of Doing Business" rank (out of 189 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

Region Latin America & Caribbean
Income Category Upper middle income
Population 180,870
GNI Per Capita (US$) 6,530
City covered Castries
Doing Business 2014 Rank Doing Business 2013 Rank*** Change in Rank
64 59 down -5

Doing Business 2014 DTF** (% points) Doing Business 2013 DTF** (% points) Change in DTF** (% points)
65.84 65.91 down -0.07
Positive=Doing Business reform making it easier to do business. Negative=Doing Business reform 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 2014 Rank 104 DB 2013 Rank*** 97 Change in Rank down-7
DB 2014 DTF** (% points) 66.97 DB 2013 DTF** (% points) 69.15 Change in DTF** (% points) down-2.18
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.

View methodology
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.

View methodology
Time to export (days)
14 17 11

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.

View methodology
Cost to export (US$ per container)
935 1,283 1,070

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)
8 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 19 10

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)
2,260 1,676 1,090
Nature of Export Procedures Duration (days) US$ Cost
Documents preparation 6 225
Customs clearance and technical control 3 200
Ports and terminal handling 3 300
Inland transportation and handling 2 210
Totals 14 935
Nature of Import Procedures Duration (days) US$ Cost
Documents preparation 8 250
Customs clearance and technical control 1 1,300
Ports and terminal handling 3 500
Inland transportation and handling 1 210
Totals 13 2,260
Export documents
Bill of lading
Certificate of origin
Commercial Invoice
Customs export declaration (Shipping bill)
Notice to pack
Packing list
Value Added Tax -Notice of Intent to Export form
Import documents
Bill of lading
Certificate of origin
Commercial invoice
Customs import declaration (Single Administrative Document --SAD)
Delivery order
Exit note from customs (Customs cargo release order)
Gate pass
Technical standard/health certificate

** 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 topics including Getting Electricity across all economies 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...

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

Explore Economy Data


- OR -

OTHER OPTIONS

Close