Bahamas: Tax preparation time

* indicates monthly or quarterly data series

Tax preparation time, in hours

 Latest value 155
 Year 2019
 Measure hours
 Data availability 2007 - 2019
 Average 103
 Min - Max 58 - 233
 Source The World Bank (doing business survey)
For that indicator, we provide data for the Bahamas from 2007 to 2019. The average value for the Bahamas during that period was 103 hours with a minimum of 58 hours in 2007 and a maximum of 233 hours in 2016. The latest value from 2019 is 155 hours. For comparison, the world average in 2019 based on 184 countries is 235 hours. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Bahamas - Tax preparation time - Recent values chart

Historical chart
Bahamas - Tax preparation time - historical chart - 2007-2019

Definition: Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 13.82 2022 percent
 Government spending, in dollars 1.86 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -3.80 2023 percent
 Government debt 86.40 2023 percent
 Government expenditure 0.47 Q3/2023 billion
 Tax revenue 16.73 2022 percent
 Commercial tax rate 33.80 2019 percent
 Tax preparation time 155 2019 hours
 Number of taxes 20 2019 taxes
 Taxes on goods and services 57.13 2022 percent
 Taxes on international trade 19.64 2022 percent
 Foreign aid 4.48 2004 million U.S. dollars
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