Liberia: Tax preparation time

* indicates monthly or quarterly data series

Tax preparation time, in hours

 Latest value 140
 Year 2019
 Measure hours
 Data availability 2006 - 2019
 Average 146
 Min - Max 140 - 151
 Source The World Bank (doing business survey)
For that indicator, we provide data for Liberia from 2006 to 2019. The average value for Liberia during that period was 146 hours with a minimum of 140 hours in 2015 and a maximum of 151 hours in 2011. The latest value from 2019 is 140 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
Liberia - Tax preparation time - Recent values chart

Historical chart
Liberia - Tax preparation time - historical chart - 2006-2019

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
 Fiscal balance, percent of GDP -4.80 2022 percent
 Government debt 53.90 2022 percent
 Tax revenue 12.46 2013 percent
 Commercial tax rate 46.20 2019 percent
 Tax preparation time 140 2019 hours
 Number of taxes 33 2019 taxes
 Foreign aid 598.99 2021 million U.S. dollars
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