Panama vs Sao Tome and Principe: Paying taxes: Time
Panama
408 hours per year
in 2019
Sao Tome and Principe
424 hours per year
in 2019
Panama rank
17th
Sao Tome and Principe rank
14th
Paying taxes: Time over time
- Panama
- Sao Tome and Principe
How they compare
Sao Tome and Principe currently reports 424 hours per year against 408 hours per year in Panama, a difference of 16 hours per year.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Panama ahead.
Panama ranks 17th and Sao Tome and Principe ranks 14th of 189 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Sao Tome and Principe | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 513.2 hours per year | 424 hours per year | 89.2 hours per year | Panama |
| 2010s | 429.6 hours per year | 424 hours per year | 5.6 hours per year | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: time, Panama or Sao Tome and Principe?
- Sao Tome and Principe, at 424 hours per year against 408 hours per year in Panama as of 2019.
- What is the difference in paying taxes: time between Panama and Sao Tome and Principe?
- 16 hours per year, with Sao Tome and Principe ahead.
- How many years of comparable data are there for Panama and Sao Tome and Principe?
- 15 years are reported by both, from 2005 to 2019.
- How do Panama and Sao Tome and Principe rank globally for paying taxes: time?
- Panama ranks 17th and Sao Tome and Principe ranks 14th of 189 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.
Individual pages
About this data
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.