Hong Kong: Number of taxes

* indicates monthly or quarterly data series
 Hong Kong

Number of taxes paid by businesses

 Latest value 3
 Year 2019
 Measure taxes
 Data availability 2005 - 2019
 Average 3
 Min - Max 3 - 4
 Source The World Bank (doing business survey)
For that indicator, we provide data for Hong Kong from 2005 to 2019. The average value for Hong Kong during that period was 3 taxes with a minimum of 3 taxes in 2010 and a maximum of 4 taxes in 2005. The latest value from 2019 is 3 taxes. For comparison, the world average in 2019 based on 184 countries is 23 taxes. 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
Hong Kong - Number of taxes - Recent values chart

Historical chart
Hong Kong - Number of taxes - historical chart - 2005-2019

Definition: Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 14.33 2022 percent
 Government spending, in dollars 50.54 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -1.80 2023 percent
 Government debt 4.28 2022 percent
 Government expenditure 97.14 Q3/2023 billion
 Commercial tax rate 21.90 2019 percent
 Tax preparation time 35 2019 hours
 Number of taxes 3 2019 taxes
 Foreign aid 6.95 2004 million U.S. dollars
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