Paying taxes: Time to comply with corporate income tax correction in Guyana

Guyana: Paying taxes: Time to comply with corporate income tax correction was 30.5 DB17-20 methodology in 2019. ▬ Flat

Latest (2019)
30.5 DB17-20 methodology
Change on year
unchanged
World rank
23rd
of 181 countries
All-time high
30.5 DB17-20 methodology
in 2015
All-time low
30.5 DB17-20 methodology
in 2015
Years of data
5
2015–2019

Paying taxes: Time to comply with corporate income tax correction in Guyana, 2015–2019

01020302015201720192015: 30.5 DB17-20 methodology2016: 30.5 DB17-20 methodology2017: 30.5 DB17-20 methodology2018: 30.5 DB17-20 methodology2019: 30.5 DB17-20 methodology

Source: World Bank. Measured in DB17-20 methodology.

Analysis

Guyana recorded 30.5 DB17-20 methodology for paying taxes: time to comply with corporate income tax correction in 2019. That is the highest value across all 5 years on record.

The figure is unchanged over five years.

Guyana ranks 23rd of 181 countries on this measure, in the top quarter.

Paying taxes: Time to comply with corporate income tax correction in Guyana, year by year

Annual values for Paying taxes: Time to comply with corporate income tax correction (hours) (DB17-20 methodology) in Guyana, 2015 to 2019.
Year DB17-20 methodology Change
2015 30.5 DB17-20 methodology
2016 30.5 DB17-20 methodology +0.0%
2017 30.5 DB17-20 methodology +0.0%
2018 30.5 DB17-20 methodology +0.0%
2019 30.5 DB17-20 methodology +0.0%

Countries ranked near Guyana

  1. 21 Iran, Islamic Republic of 32 DB17-20 methodology compare
  2. 22 Cambodia 31 DB17-20 methodology compare
  3. 23 Chile 30.5 DB17-20 methodology compare
  4. 25 Bosnia and Herzegovina 30 DB17-20 methodology compare
  5. 26 Slovenia 29 DB17-20 methodology compare

See the full ranking of 181 places →

More reference data data for Guyana

All data for Guyana →

Frequently asked questions

What is paying taxes: time to comply with corporate income tax correction in Guyana?
Paying taxes: time to comply with corporate income tax correction in Guyana was 30.5 DB17-20 methodology in 2019, according to the World Bank.
What is the highest paying taxes: time to comply with corporate income tax correction recorded in Guyana?
The highest recorded value was 30.5 DB17-20 methodology in 2015.
What is the lowest paying taxes: time to comply with corporate income tax correction recorded in Guyana?
The lowest recorded value was 30.5 DB17-20 methodology in 2015.
How does Guyana rank for paying taxes: time to comply with corporate income tax correction?
Guyana ranks 23rd out of 181 countries with data for 2019.
Where does this Guyana data come from?
The figures come from the World Bank, published as part of Paying taxes: Time to comply with corporate income tax correction (hours) (DB17-20 methodology). Statizoid updates them automatically from the source API.

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Paying taxes: Time to comply with corporate income tax correction in Guyana. Statizoid. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/paying-taxes-time-to-comply-with-corporate-income-tax-correction-hours-db17-20-methodology/guyana/

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About this data

Indicator
Paying taxes: Time to comply with corporate income tax correction (hours) (DB17-20 methodology)
Unit
DB17-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
181 places, 905 data points, 2015–2019
Last refreshed

The time to comply with a corporate income tax correction measures the time spent preparing and submitting the correction, and the time spent preparing information for the tax officers, if, in 25% or more of cases, a company that voluntarily reports an error in its CIT return and an underpayment of the tax due would be selected for additional review. The component indicator is computed based on the methodology in the DB17-20 studies.