Brunei: Tax preparation time

* indicates monthly or quarterly data series

Tax preparation time, in hours

 Latest value 53
 Year 2019
 Measure hours
 Data availability 2006 - 2019
 Average 102
 Min - Max 53 - 144
 Source The World Bank (doing business survey)
For that indicator, we provide data for Brunei from 2006 to 2019. The average value for Brunei during that period was 102 hours with a minimum of 53 hours in 2018 and a maximum of 144 hours in 2006. The latest value from 2019 is 53 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
Brunei - Tax preparation time - Recent values chart

Historical chart
Brunei - Tax preparation time - historical chart - 2006-2019

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 20.12 2022 percent
 Government spending, in dollars 3.45 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -5.38 2021 percent
 Government debt 2.06 2022 percent
 Government expenditure 1.08 Q3/2023 billion
 Commercial tax rate 8.00 2019 percent
 Tax preparation time 53 2019 hours
 Number of taxes 5 2019 taxes
 Foreign aid 0.77 2004 million U.S. dollars
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