Guatemala: Tax preparation time

* indicates monthly or quarterly data series
 Guatemala

Tax preparation time, in hours

 Latest value 248
 Year 2019
 Measure hours
 Data availability 2005 - 2019
 Average 305
 Min - Max 248 - 344
 Source The World Bank (doing business survey)
For that indicator, we provide data for Guatemala from 2005 to 2019. The average value for Guatemala during that period was 305 hours with a minimum of 248 hours in 2017 and a maximum of 344 hours in 2005. The latest value from 2019 is 248 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.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Guatemala - Tax preparation time - recent values

Historical chart
Guatemala - 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 11.52 2022 percent
 Government spending, in dollars 10.94 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -1.71 2022 percent
 Government debt 27.45 2022 percent
 Government expenditure 23.10 Q3/2023 billion
 Tax revenue 11.61 2021 percent
 Commercial tax rate 35.20 2019 percent
 Tax preparation time 248 2019 hours
 Number of taxes 8 2019 taxes
 Taxes on goods and services 52.95 2021 percent
 Taxes on international trade 4.36 2021 percent
 Income and profits taxes 33.67 2021 percent
 Foreign aid 511.26 2021 million U.S. dollars
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