Paying taxes: Time in Latvia

Latvia: Paying taxes: Time was 168.5 hours per year in 2019. ▼ Falling

Latest (2019)
168.5 hours per year
Change on year
unchanged
World rank
120th
of 187 countries
All-time high
280 hours per year
in 2005
All-time low
168.5 hours per year
in 2016
Years of data
15
2005–2019

Paying taxes: Time in Latvia, 2005–2019

01002003002005201220192005: 280 hours per year2006: 280 hours per year2007: 239 hours per year2008: 239 hours per year2009: 239 hours per year2010: 253 hours per year2011: 250 hours per year2012: 224 hours per year2013: 224 hours per year2014: 193 hours per year2015: 193 hours per year2016: 168.5 hours per year2017: 168.5 hours per year2018: 168.5 hours per year2019: 168.5 hours per year

Source: World Bank. Measured in hours per year.

Analysis

Latvia recorded 168.5 hours per year for paying taxes: time in 2019. That is the lowest value across all 15 years on record.

Compared with earlier readings it is down 29.5% over ten years.

Over the whole period, paying taxes: time in Latvia peaked at 280 hours per year in 2005 and was at its lowest, 168.5 hours per year, in 2016.

Latvia ranks 120th 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 255.4 hours per year 239 hours per year 280 hours per year 5
2010s 201.1 hours per year 168.5 hours per year 253 hours per year 10

Countries ranked near Latvia

  1. 117 Belarus 170 hours per year compare
  2. 117 Turkey 170 hours per year compare
  3. 119 Malawi 169 hours per year compare
  4. 121 El Salvador 168 hours per year compare
  5. 121 Kiribati 168 hours per year compare
  6. 123 Romania 163 hours per year compare
  7. 123 Uruguay 163 hours per year compare

See the full ranking of 189 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is paying taxes: time in Latvia?
Paying taxes: time in Latvia was 168.5 hours per year in 2019, according to the World Bank.
What is the highest paying taxes: time recorded in Latvia?
The highest recorded value was 280 hours per year in 2005.
What is the lowest paying taxes: time recorded in Latvia?
The lowest recorded value was 168.5 hours per year in 2016.
How does Latvia rank for paying taxes: time?
Latvia ranks 120th out of 187 countries with data for 2019.
Is paying taxes: time rising or falling in Latvia?
Over the last ten years it is down 29.5%. The long-run trend across the full record is falling.
Where does this Latvia 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.