Paying taxes: Time in Vietnam

Vietnam: Paying taxes: Time was 384 hours per year in 2019. ▼ Falling

Latest (2019)
384 hours per year
Change on year
down 22.9%
World rank
20th
of 187 countries
All-time high
1,050 hours per year
in 2005
All-time low
384 hours per year
in 2019
Years of data
15
2005–2019

Paying taxes: Time in Vietnam, 2005–2019

02505007501.0k2005201220192005: 1.1k hours per year2006: 1.1k hours per year2007: 1.1k hours per year2008: 1.1k hours per year2009: 1.1k hours per year2010: 941 hours per year2011: 941 hours per year2012: 872 hours per year2013: 872 hours per year2014: 872 hours per year2015: 770 hours per year2016: 540 hours per year2017: 498 hours per year2018: 498 hours per year2019: 384 hours per year

Source: World Bank. Measured in hours per year.

Analysis

In 2019, paying taxes: time in Vietnam stood at 384 hours per year. That is the lowest value across all 15 years on record.

That represents a change of down 22.9% on the previous year and down 63.4% over ten years.

Over the whole period, paying taxes: time in Vietnam peaked at 1,050 hours per year in 2005 and was at its lowest, 384 hours per year, in 2019.

Vietnam ranks 20th 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 1,050 hours per year 1,050 hours per year 1,050 hours per year 5
2010s 718.8 hours per year 384 hours per year 941 hours per year 10

Countries ranked near Vietnam

  1. 17 Panama 408 hours per year compare
  2. 18 Guinea 400 hours per year compare
  3. 19 Maldives 390.5 hours per year compare
  4. 21 Paraguay 378 hours per year compare
  5. 22 Nepal 377 hours per year compare
  6. 23 Egypt 370 hours per year compare

See the full ranking of 189 places →

More reference data data for Vietnam

All data for Vietnam →

Frequently asked questions

What is paying taxes: time in Vietnam?
Paying taxes: time in Vietnam was 384 hours per year in 2019, according to the World Bank.
What is the highest paying taxes: time recorded in Vietnam?
The highest recorded value was 1,050 hours per year in 2005.
What is the lowest paying taxes: time recorded in Vietnam?
The lowest recorded value was 384 hours per year in 2019.
How does Vietnam rank for paying taxes: time?
Vietnam ranks 20th out of 187 countries with data for 2019.
Is paying taxes: time rising or falling in Vietnam?
Over the last ten years it is down 63.4%. The long-run trend across the full record is falling.
Where does this Vietnam 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.