Paying taxes: Time in Nigeria

Nigeria: Paying taxes: Time was 343.37 hours per year in 2019. ▼ Falling

Latest (2019)
343.37 hours per year
Change on year
down 1.2%
World rank
26th
of 187 countries
All-time high
614 hours per year
in 2005
All-time low
343.37 hours per year
in 2019
Years of data
15
2005–2019

Paying taxes: Time in Nigeria, 2005–2019

02004006002005201220192005: 614 hours per year2006: 614 hours per year2007: 614 hours per year2008: 432 hours per year2009: 432 hours per year2010: 432 hours per year2011: 432 hours per year2012: 450 hours per year2013: 429.4 hours per year2014: 429.4 hours per year2015: 429.4 hours per year2016: 429.4 hours per year2017: 360.4 hours per year2018: 347.4 hours per year2019: 343.4 hours per year

Source: World Bank. Measured in hours per year.

Analysis

In 2019, paying taxes: time in Nigeria stood at 343.37 hours per year. That is the lowest value across all 15 years on record.

Compared with earlier readings it is down 1.2% on the previous year and down 20.5% over ten years.

Over the whole period, paying taxes: time in Nigeria peaked at 614 hours per year in 2005 and was at its lowest, 343.37 hours per year, in 2019.

Nigeria ranks 26th of 187 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 541.2 hours per year 432 hours per year 614 hours per year 5
2010s 408.28 hours per year 343.37 hours per year 450 hours per year 10

Countries ranked near Nigeria

  1. 23 Egypt 370 hours per year compare
  2. 24 Laos 362 hours per year compare
  3. 25 Democratic Republic of Congo 346 hours per year compare
  4. 27 Sierra Leone 343 hours per year compare
  5. 28 Syria 336 hours per year compare
  6. 29 Poland 334 hours per year compare

See the full ranking of 189 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is paying taxes: time in Nigeria?
Paying taxes: time in Nigeria was 343.37 hours per year in 2019, according to the World Bank.
What is the highest paying taxes: time recorded in Nigeria?
The highest recorded value was 614 hours per year in 2005.
What is the lowest paying taxes: time recorded in Nigeria?
The lowest recorded value was 343.37 hours per year in 2019.
How does Nigeria rank for paying taxes: time?
Nigeria ranks 26th out of 187 countries with data for 2019.
Is paying taxes: time rising or falling in Nigeria?
Over the last ten years it is down 20.5%. The long-run trend across the full record is falling.
Where does this Nigeria 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.