Paying taxes: Time in Guyana

Guyana: Paying taxes: Time was 256 hours per year in 2019. ▼ Falling

Latest (2019)
256 hours per year
Change on year
unchanged
World rank
54th
of 187 countries
All-time high
288 hours per year
in 2005
All-time low
256 hours per year
in 2013
Years of data
15
2005–2019

Paying taxes: Time in Guyana, 2005–2019

01002003002005201220192005: 288 hours per year2006: 288 hours per year2007: 288 hours per year2008: 288 hours per year2009: 288 hours per year2010: 288 hours per year2011: 263 hours per year2012: 263 hours per year2013: 256 hours per year2014: 256 hours per year2015: 256 hours per year2016: 256 hours per year2017: 256 hours per year2018: 256 hours per year2019: 256 hours per year

Source: World Bank. Measured in hours per year.

Analysis

The most recent figure for paying taxes: time in Guyana is 256 hours per year, measured in 2019. That is the lowest value across all 15 years on record.

Compared with earlier readings it is down 11.1% over ten years.

Over the whole period, paying taxes: time in Guyana peaked at 288 hours per year in 2005 and was at its lowest, 256 hours per year, in 2013.

Guyana ranks 54th 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 288 hours per year 288 hours per year 288 hours per year 5
2010s 260.6 hours per year 256 hours per year 288 hours per year 10

Countries ranked near Guyana

  1. 51 Algeria 265 hours per year compare
  2. 52 Armenia 264 hours per year compare
  3. 53 Peru 260 hours per year compare
  4. 55 Colombia 255.5 hours per year compare
  5. 56 Albania 252 hours per year compare
  6. 57 India 251.88 hours per year compare

See the full ranking of 189 places →

More reference data data for Guyana

All data for Guyana →

Frequently asked questions

What is paying taxes: time in Guyana?
Paying taxes: time in Guyana was 256 hours per year in 2019, according to the World Bank.
What is the highest paying taxes: time recorded in Guyana?
The highest recorded value was 288 hours per year in 2005.
What is the lowest paying taxes: time recorded in Guyana?
The lowest recorded value was 256 hours per year in 2013.
How does Guyana rank for paying taxes: time?
Guyana ranks 54th out of 187 countries with data for 2019.
Is paying taxes: time rising or falling in Guyana?
Over the last ten years it is down 11.1%. The long-run trend across the full record is falling.
Where does this Guyana 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.

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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.