Guinea-Bissau: Tax preparation time

* indicates monthly or quarterly data series

Tax preparation time, in hours

 Latest value 218
 Year 2019
 Measure hours
 Data availability 2005 - 2019
 Average 218
 Min - Max 218 - 218
 Source The World Bank (doing business survey)
For that indicator, we provide data for Guinea-Bissau from 2005 to 2019. The average value for Guinea-Bissau during that period was 218 hours with a minimum of 218 hours in 2005 and a maximum of 218 hours in 2005. The latest value from 2019 is 218 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
Guinea-Bissau - Tax preparation time - recent values

Historical chart
Guinea-Bissau - 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 16.51 2020 percent
 Government spending, in dollars 0.24 2020 billion U.S. dollars
 Fiscal balance, percent of GDP -6.30 2022 percent
 Government debt 80.35 2022 percent
 Tax revenue 9.46 2019 percent
 Commercial tax rate 45.50 2019 percent
 Tax preparation time 218 2019 hours
 Number of taxes 46 2019 taxes
 Taxes on goods and services 23.41 2019 percent
 Taxes on international trade 18.22 2019 percent
 Income and profits taxes 18.49 2019 percent
 Foreign aid 166.12 2021 million U.S. dollars
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