(measure: hours; Source: The World Bank (doing business survey))
* indicates monthly or quarterly data series
Liberia: Tax preparation time, in hours
For that indicator, The World Bank (doing business survey) provides 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.
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.