Paraguay: Tax preparation time

* indicates monthly or quarterly data series
 Paraguay

Tax preparation time, in hours

 Latest value 378
 Year 2019
 Measure hours
 Data availability 2005 - 2019
 Average 358
 Min - Max 311 - 387
 Source The World Bank (doing business survey)
The latest value from 2019 is 378 hours, unchanged from 378 hours in 2018. In comparison, the world average is 235 hours, based on data from 184 countries. Historically, the average for Paraguay from 2005 to 2019 is 358 hours. The minimum value, 311 hours, was reached in 2010 while the maximum of 387 hours was recorded in 2011. 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 data
Paraguay - Tax preparation time - Recent values chart

Historical series
Paraguay - Tax preparation time - historical chart - 2005-2019




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.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 12.02 2023 percent
 Government spending, in dollars 5.16 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -3.40 2021 percent
 Government debt 38.18 2023 percent
 Government expenditure 9,839.41 Q2/2024 billion
 Tax revenue 10.27 2022 percent
 Commercial tax rate 35.00 2019 percent
 Tax preparation time 378 2019 hours
 Number of taxes 19 2019 taxes
 Taxes on goods and services 44.93 2022 percent
 Taxes on international trade 7.12 2022 percent
 Income and profits taxes 21.81 2022 percent
 Foreign aid 96.72 2022 million U.S. dollars
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