Nicaragua: The number of documents needed for importing goods: For that indicator, The World Bank provides data for Nicaragua from 2005 to 2014. The average value for Nicaragua during that period was 5 documents with a minumum of 5 documents in 2006 and a maximum of 7 documents in 2005. See the global rankings for that indicator or use the country comparator to compare trends over time.
Definition: All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. 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. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included.