(measure: hours; Source: The World Bank (doing business survey))
* indicates monthly or quarterly data series
Libya: Tax preparation time, in hours
For that indicator, we provide data for Libya from 2012 to 2019. The average value for Libya during that period was 889 hours with a minimum of 889 hours in 2012 and a maximum of 889 hours in 2012.
The latest value from 2019 is 889 hours. For comparison, the world average in 2019 based on 185
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.