Equatorial Guinea: Tax preparation time

* indicates monthly or quarterly data series
 Equatorial Guinea

Tax preparation time, in hours

 Latest value 492
 Year 2019
 Measure hours
 Data availability 2005 - 2019
 Average 492
 Min - Max 492 - 492
 Source The World Bank (doing business survey)
For that indicator, we provide data for Equatorial Guinea from 2005 to 2019. The average value for Equatorial Guinea during that period was 492 hours with a minimum of 492 hours in 2005 and a maximum of 492 hours in 2005. The latest value from 2019 is 492 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
Equatorial Guinea - Tax preparation time - Recent values chart

Historical chart
Equatorial Guinea - 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.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 23.98 2022 percent
 Government spending, in dollars 2.88 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 4.80 2022 percent
 Government debt 34.62 2022 percent
 Tax revenue 5.44 2021 percent
 Commercial tax rate 79.40 2019 percent
 Tax preparation time 492 2019 hours
 Number of taxes 46 2019 taxes
 Taxes on goods and services 5.97 2021 percent
 Taxes on international trade 1.26 2021 percent
 Income and profits taxes 26.02 2021 percent
 Foreign aid 12.78 2021 million U.S. dollars
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