Sao Tome and Principe: Number of taxes
* indicates monthly or quarterly data series
| Sao Tome and Principe |
Number of taxes paid by businesses |
|---|---|
| Latest value | 46 |
| Year | 2019 |
| Measure | taxes |
| Data availability | 2005 - 2019 |
| Average | 45 |
| Min - Max | 42 - 46 |
| Source | The World Bank (doing business survey) |
The latest value from 2019 is 46 taxes, unchanged from 46 taxes in 2018. In comparison, the world average is 23 taxes, based on data from 184 countries. Historically, the average for Sao Tome and Principe from 2005 to 2019 is 45 taxes. The minimum value, 42 taxes, was reached in 2005 while the maximum of 46 taxes was recorded in 2010.
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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.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Fiscal balance, percent of GDP | -4.20 | 2023 | percent |
| Government debt | 50.66 | 2023 | percent |
| Commercial tax rate | 37.00 | 2019 | percent |
| Tax preparation time | 424 | 2019 | hours |
| Number of taxes | 46 | 2019 | taxes |
| Foreign aid | 53.13 | 2022 | million U.S. dollars |