Bosnia and Herzegovina vs Panama: Paying taxes: Time

Bosnia and Herzegovina
411 hours per year
in 2019
Panama
408 hours per year
in 2019
Bosnia and Herzegovina rank
16th
Panama rank
17th

Paying taxes: Time over time

  • Bosnia and Herzegovina
  • Panama
0200400600200520122019

How they compare

Bosnia and Herzegovina currently reports 411 hours per year against 408 hours per year in Panama, a difference of 3 hours per year.

The two have swapped places 3 times across 15 shared years of data; in 2005 it was Panama ahead.

Bosnia and Herzegovina ranks 16th and Panama ranks 17th of 190 countries.

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

Head to head by decade

Decade Bosnia and Herzegovina Panama Difference Ahead
2000s 390.8 hours per year 513.2 hours per year 122.4 hours per year Panama
2010s 412.9 hours per year 429.6 hours per year 16.7 hours per year Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher paying taxes: time, Bosnia and Herzegovina or Panama?
Bosnia and Herzegovina, at 411 hours per year against 408 hours per year in Panama as of 2019.
What is the difference in paying taxes: time between Bosnia and Herzegovina and Panama?
3 hours per year, with Bosnia and Herzegovina ahead.
How many years of comparable data are there for Bosnia and Herzegovina and Panama?
15 years are reported by both, from 2005 to 2019.
How do Bosnia and Herzegovina and Panama rank globally for paying taxes: time?
Bosnia and Herzegovina ranks 16th and Panama ranks 17th of 190 countries.
Where does this data come from?
The World Bank, published as Paying taxes: Time (hours per year). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bosnia and Herzegovina vs Panama: Paying taxes: Time. Statizoid. Retrieved 29 August 2026, from https://reference.statizoid.com/compare/paying-taxes-time-hours-per-year/bosnia-and-herzegovina/panama/

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About this data

Indicator
Paying taxes: Time (hours per year)
Unit
hours per year
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 2,789 data points, 2005–2019
Last refreshed

The time to comply with tax laws measures the time taken to prepare, ?le and pay three major types of taxes and contributions: the corporate income tax, value added or sales tax and labor taxes, including payroll taxes and social contributions.