Guinea: Tax preparation time

* indicates monthly or quarterly data series
 Guinea

Tax preparation time, in hours

 Latest value 400
 Year 2019
 Measure hours
 Data availability 2005 - 2019
 Average 417
 Min - Max 400 - 440
 Source The World Bank (doing business survey)
For that indicator, we provide data for Guinea from 2005 to 2019. The average value for Guinea during that period was 417 hours with a minimum of 400 hours in 2016 and a maximum of 440 hours in 2013. The latest value from 2019 is 400 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
Guinea - Tax preparation time - Recent values chart

Historical chart
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 16.59 2022 percent
 Government spending, in dollars 3.48 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -1.30 2022 percent
 Government debt 40.31 2023 percent
 Tax revenue 10.84 1992 percent
 Commercial tax rate 69.30 2019 percent
 Tax preparation time 400 2019 hours
 Number of taxes 33 2019 taxes
 Taxes on goods and services 20.48 1992 percent
 Taxes on international trade 35.79 1992 percent
 Income and profits taxes 10.99 1992 percent
 Foreign aid 586.66 2021 million U.S. dollars
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