Statizoid

Paying taxes: Time in Nicaragua

Nicaragua: Paying taxes: Time was 201 hours per year in 2019. ▼ Falling

Latest (2019)
201 hours per year
Change on year
unchanged
World rank
92nd
of 187 countries
All-time high
240 hours per year
in 2005
All-time low
201 hours per year
in 2016
Years of data
15
2005–2019

Paying taxes: Time in Nicaragua, 2005–2019

0501001502002502005201220192005: 240 hours per year2006: 240 hours per year2007: 240 hours per year2008: 240 hours per year2009: 240 hours per year2010: 222 hours per year2011: 207 hours per year2012: 207 hours per year2013: 207 hours per year2014: 207 hours per year2015: 207 hours per year2016: 201 hours per year2017: 201 hours per year2018: 201 hours per year2019: 201 hours per year

Source: World Bank. Measured in hours per year.

Analysis

Nicaragua recorded 201 hours per year for paying taxes: time in 2019. That is the lowest value across all 15 years on record.

The figure is down 16.2% over ten years.

Over the whole period, paying taxes: time in Nicaragua peaked at 240 hours per year in 2005 and was at its lowest, 201 hours per year, in 2016.

Nicaragua ranks 92nd 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 240 hours per year 240 hours per year 240 hours per year 5
2010s 206.1 hours per year 201 hours per year 222 hours per year 10

Countries ranked near Nicaragua

  1. 89 Croatia 206 hours per year compare
  2. 90 Honduras 203 hours per year compare
  3. 90 Saint Kitts and Nevis 203 hours per year compare
  4. 93 Mozambique 200 hours per year compare
  5. 93 Tonga 200 hours per year compare
  6. 95 Suriname 199 hours per year compare

See the full ranking of 189 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is paying taxes: time in Nicaragua?
Paying taxes: time in Nicaragua was 201 hours per year in 2019, according to the World Bank.
What is the highest paying taxes: time recorded in Nicaragua?
The highest recorded value was 240 hours per year in 2005.
What is the lowest paying taxes: time recorded in Nicaragua?
The lowest recorded value was 201 hours per year in 2016.
How does Nicaragua rank for paying taxes: time?
Nicaragua ranks 92nd out of 187 countries with data for 2019.
Is paying taxes: time rising or falling in Nicaragua?
Over the last ten years it is down 16.2%. The long-run trend across the full record is falling.
Where does this Nicaragua 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.