Paying taxes: Time in Cyprus

Cyprus: Paying taxes: Time was 119.5 hours per year in 2019. ▼ Falling

Latest (2019)
119.5 hours per year
Change on year
down 2.4%
World rank
157th
of 187 countries
All-time high
149 hours per year
in 2008
All-time low
119.5 hours per year
in 2019
Years of data
12
2008–2019

Paying taxes: Time in Cyprus, 2008–2019

0501001502008201320192008: 149 hours per year2009: 149 hours per year2010: 149 hours per year2011: 149 hours per year2012: 146.5 hours per year2013: 146.5 hours per year2014: 146.5 hours per year2015: 145.5 hours per year2016: 127 hours per year2017: 127 hours per year2018: 122.5 hours per year2019: 119.5 hours per year

Source: World Bank. Measured in hours per year.

Analysis

Cyprus recorded 119.5 hours per year for paying taxes: time in 2019. That is the lowest value across all 12 years on record.

The figure is down 2.4% on the previous year and down 19.8% over ten years.

Over the whole period, paying taxes: time in Cyprus peaked at 149 hours per year in 2008 and was at its lowest, 119.5 hours per year, in 2019.

Cyprus ranks 157th of 187 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 12 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 149 hours per year 149 hours per year 149 hours per year 2
2010s 137.9 hours per year 119.5 hours per year 149 hours per year 10

Countries ranked near Cyprus

  1. 155 Botswana 120 hours per year compare
  2. 155 Vanuatu 120 hours per year compare
  3. 158 Netherlands 119 hours per year compare
  4. 158 North Macedonia 119 hours per year compare
  5. 160 Dominica 117 hours per year compare

See the full ranking of 189 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is paying taxes: time in Cyprus?
Paying taxes: time in Cyprus was 119.5 hours per year in 2019, according to the World Bank.
What is the highest paying taxes: time recorded in Cyprus?
The highest recorded value was 149 hours per year in 2008.
What is the lowest paying taxes: time recorded in Cyprus?
The lowest recorded value was 119.5 hours per year in 2019.
How does Cyprus rank for paying taxes: time?
Cyprus ranks 157th out of 187 countries with data for 2019.
Is paying taxes: time rising or falling in Cyprus?
Over the last ten years it is down 19.8%. The long-run trend across the full record is falling.
Where does this Cyprus 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 — 12 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.