Nicaragua: Number of taxes

* indicates monthly or quarterly data series

Number of taxes paid by businesses

 Latest value 43
 Year 2019
 Measure taxes
 Data availability 2005 - 2019
 Average 52
 Min - Max 43 - 66
 Source The World Bank (doing business survey)
For that indicator, we provide data for Nicaragua from 2005 to 2019. The average value for Nicaragua during that period was 52 taxes with a minimum of 43 taxes in 2011 and a maximum of 66 taxes in 2005. The latest value from 2019 is 43 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
Nicaragua - Number of taxes - Recent values chart

Historical chart
Nicaragua - 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.

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 13.78 2022 percent
 Government spending, in dollars 2.16 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 0.85 2022 percent
 Government debt 60.42 2022 percent
 Government expenditure 19.19 Q3/2023 billion
 Tax revenue 19.81 2022 percent
 Commercial tax rate 60.60 2019 percent
 Tax preparation time 201 2019 hours
 Number of taxes 43 2019 taxes
 Taxes on goods and services 46.07 2022 percent
 Taxes on international trade 3.24 2022 percent
 Income and profits taxes 41.63 2022 percent
 Foreign aid 753.42 2021 million U.S. dollars
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