Chile: Tax preparation time

* indicates monthly or quarterly data series
 Chile

Tax preparation time, in hours

 Latest value 296
 Year 2019
 Measure hours
 Data availability 2005 - 2019
 Average 303
 Min - Max 291 - 316
 Source The World Bank (doing business survey)
For that indicator, we provide data for Chile from 2005 to 2019. The average value for Chile during that period was 303 hours with a minimum of 291 hours in 2012 and a maximum of 316 hours in 2005. The latest value from 2019 is 296 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
Chile - Tax preparation time - Recent values chart

Historical chart
Chile - 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 value Reference Measure
 Government spending, percent of GDP 14.40 2022 percent
 Government spending, in dollars 50.67 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -2.15 2023 percent
 Government debt 38.00 2022 percent
 Government expenditure 10,400.36 Q3/2023 billion
 Long-term government bond yield 5.97 9/2023 percent
 Tax revenue 19.60 2021 percent
 Commercial tax rate 34.00 2019 percent
 Tax preparation time 296 2019 hours
 Number of taxes 7 2019 taxes
 Taxes on goods and services 46.63 2021 percent
 Taxes on international trade 0.84 2021 percent
 Income and profits taxes 32.19 2021 percent
 Foreign aid 1.35 2021 million U.S. dollars
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