Guyana: Tax preparation time

* indicates monthly or quarterly data series

Tax preparation time, in hours

 Latest value 256
 Year 2019
 Measure hours
 Data availability 2005 - 2019
 Average 270
 Min - Max 256 - 288
 Source The World Bank (doing business survey)
For that indicator, we provide data for Guyana from 2005 to 2019. The average value for Guyana during that period was 270 hours with a minimum of 256 hours in 2013 and a maximum of 288 hours in 2005. The latest value from 2019 is 256 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
Guyana - Tax preparation time - recent values

Historical chart
Guyana - 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 26.91 2005 percent
 Government spending, in dollars 0.22 2005 billion U.S. dollars
 Fiscal balance, percent of GDP -7.28 2021 percent
 Government debt 43.21 2021 percent
 Commercial tax rate 30.60 2019 percent
 Tax preparation time 256 2019 hours
 Number of taxes 35 2019 taxes
 Foreign aid 138.81 2021 million U.S. dollars
This site uses cookies.
Learn more here