Belize: Tax preparation time

* indicates monthly or quarterly data series
 Belize

Tax preparation time, in hours

 Latest value 147
 Year 2019
 Measure hours
 Data availability 2005 - 2019
 Average 147
 Min - Max 147 - 147
 Source The World Bank (doing business survey)
The latest value from 2019 is 147 hours, unchanged from 147 hours in 2018. In comparison, the world average is 235 hours, based on data from 184 countries. Historically, the average for Belize from 2005 to 2019 is 147 hours. The minimum value, 147 hours, was reached in 2005 while the maximum of 147 hours was recorded in 2005. 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 data
Belize - Tax preparation time - Recent values chart

Historical series
Belize - Tax preparation time - historical chart - 2005-2019




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 Reference Measure
 Government spending, percent of GDP 16.12 2023 percent
 Government spending, in dollars 0.48 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -1.90 2021 percent
 Government debt 74.50 2021 percent
 Tax revenue 21.34 2017 percent
 Commercial tax rate 31.10 2019 percent
 Tax preparation time 147 2019 hours
 Number of taxes 29 2019 taxes
 Taxes on goods and services 48.07 2017 percent
 Taxes on international trade 14.23 2017 percent
 Income and profits taxes 24.37 2017 percent
 Foreign aid 20.38 2022 million U.S. dollars
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