Paying taxes: Time in Colombia

Colombia: Paying taxes: Time was 255.5 hours per year in 2019. ▼ Falling

Latest (2019)
255.5 hours per year
Change on year
unchanged
World rank
55th
of 187 countries
All-time high
456 hours per year
in 2005
All-time low
193 hours per year
in 2011
Years of data
15
2005–2019

Paying taxes: Time in Colombia, 2005–2019

01002003004005002005201220192005: 456 hours per year2006: 456 hours per year2007: 268 hours per year2008: 256 hours per year2009: 208 hours per year2010: 208 hours per year2011: 193 hours per year2012: 203 hours per year2013: 203 hours per year2014: 239 hours per year2015: 239 hours per year2016: 239 hours per year2017: 239 hours per year2018: 255.5 hours per year2019: 255.5 hours per year

Source: World Bank. Measured in hours per year.

Analysis

In 2019, paying taxes: time in Colombia stood at 255.5 hours per year.

Compared with earlier readings it is up 22.8% over ten years.

Over the whole period, paying taxes: time in Colombia peaked at 456 hours per year in 2005 and was at its lowest, 193 hours per year, in 2011.

Colombia ranks 55th of 187 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 328.8 hours per year 208 hours per year 456 hours per year 5
2010s 227.4 hours per year 193 hours per year 255.5 hours per year 10

Countries ranked near Colombia

  1. 52 Armenia 264 hours per year compare
  2. 53 Peru 260 hours per year compare
  3. 54 Guyana 256 hours per year compare
  4. 56 Albania 252 hours per year compare
  5. 57 India 251.88 hours per year compare
  6. 58 Guatemala 248 hours per year compare
  7. 58 Yemen 248 hours per year compare

See the full ranking of 189 places →

More reference data data for Colombia

All data for Colombia →

Frequently asked questions

What is paying taxes: time in Colombia?
Paying taxes: time in Colombia was 255.5 hours per year in 2019, according to the World Bank.
What is the highest paying taxes: time recorded in Colombia?
The highest recorded value was 456 hours per year in 2005.
What is the lowest paying taxes: time recorded in Colombia?
The lowest recorded value was 193 hours per year in 2011.
How does Colombia rank for paying taxes: time?
Colombia ranks 55th out of 187 countries with data for 2019.
Is paying taxes: time rising or falling in Colombia?
Over the last ten years it is up 22.8%. The long-run trend across the full record is falling.
Where does this Colombia data come from?
The figures come from the World Bank, published as part of Paying taxes: Time (hours per year). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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
189 places, 2,778 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.