Panama vs Vietnam: Paying taxes: Time (hours per year) - Score

Panama
44.51
in 2019
Vietnam
48.22
in 2019
Panama rank
171st
Vietnam rank
168th

Paying taxes: Time (hours per year) - Score over time

  • Panama
  • Vietnam
01020304050200520122019

How they compare

Vietnam currently reports 48.22 against 44.51 in Panama, a difference of 3.71.

That makes Vietnam's figure about 1.1 times Panama's.

The two have swapped places 1 time across 15 shared years of data; in 2005 it was Panama ahead.

Panama ranks 171st and Vietnam ranks 168th of 188 countries.

Panama has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Panama Vietnam Difference Ahead
2000s 28.25 0 28.25 Panama
2010s 41.17 13.35 27.82 Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher paying taxes: time (hours per year) - score, Panama or Vietnam?
Vietnam, at 48.22 against 44.51 in Panama as of 2019.
What is the difference in paying taxes: time (hours per year) - score between Panama and Vietnam?
3.71, with Vietnam ahead.
How many years of comparable data are there for Panama and Vietnam?
15 years are reported by both, from 2005 to 2019.
How do Panama and Vietnam rank globally for paying taxes: time (hours per year) - score?
Panama ranks 171st and Vietnam ranks 168th of 188 countries.
Where does this data come from?
The World Bank, published as Paying taxes: Time (hours per year) - Score. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Paying taxes: Time (hours per year) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 2,783 data points, 2005–2019
Last refreshed

The score for time to comply with tax laws benchmarks economies with respect to the regulatory best practice on the indicator. The score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.