Paying taxes: Time in Guyana
Guyana: Paying taxes: Time was 256 hours per year in 2019. ▼ Falling
Paying taxes: Time in Guyana, 2005–2019
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 190 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.
Paying taxes: Time in Guyana, year by year
| Year | hours per year | Change |
|---|---|---|
| 2005 | 288 hours per year | — |
| 2006 | 288 hours per year | +0.0% |
| 2007 | 288 hours per year | +0.0% |
| 2008 | 288 hours per year | +0.0% |
| 2009 | 288 hours per year | +0.0% |
| 2010 | 288 hours per year | +0.0% |
| 2011 | 263 hours per year | -8.7% |
| 2012 | 263 hours per year | +0.0% |
| 2013 | 256 hours per year | -2.7% |
| 2014 | 256 hours per year | +0.0% |
| 2015 | 256 hours per year | +0.0% |
| 2016 | 256 hours per year | +0.0% |
| 2017 | 256 hours per year | +0.0% |
| 2018 | 256 hours per year | +0.0% |
| 2019 | 256 hours per year | +0.0% |
Guyana compared with similar countries
- Guyana's 256 hours per year is above the median for high income countries, which is 141.5 hours per year, 1.8× the median. (62 countries reporting)
- Guyana's 256 hours per year is above the median for Latin America & Caribbean, which is 218 hours per year, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Guyana
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0396 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0791 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.2193 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0297 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.2193 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1326 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0457 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.4179 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1619 (2050)
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 190 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.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.