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

Libya: Paying taxes: Time to comply with corporate income tax correction was 11.5 DB17-20 methodology in 2019. ▬ Flat

Latest (2019)
11.5 DB17-20 methodology
Change on year
unchanged
World rank
66th
of 181 countries
All-time high
11.5 DB17-20 methodology
in 2015
All-time low
11.5 DB17-20 methodology
in 2015
Years of data
5
2015–2019

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

02.557.51012.52015201720192015: 11.5 DB17-20 methodology2016: 11.5 DB17-20 methodology2017: 11.5 DB17-20 methodology2018: 11.5 DB17-20 methodology2019: 11.5 DB17-20 methodology

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

Analysis

Libya recorded 11.5 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.

Compared with earlier readings it is unchanged over five years.

That places Libya 66th out of 181 countries with data for 2019, putting it in the middle of the range.

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

Annual values for Paying taxes: Time to comply with corporate income tax correction (hours) (DB17-20 methodology) in Libya, 2015 to 2019.
Year DB17-20 methodology Change
2015 11.5 DB17-20 methodology
2016 11.5 DB17-20 methodology +0.0%
2017 11.5 DB17-20 methodology +0.0%
2018 11.5 DB17-20 methodology +0.0%
2019 11.5 DB17-20 methodology +0.0%

Countries ranked near Libya

  1. 63 Comoros 12 DB17-20 methodology compare
  2. 63 Fiji 12 DB17-20 methodology compare
  3. 63 Norway 12 DB17-20 methodology compare
  4. 66 Bulgaria 11.5 DB17-20 methodology compare
  5. 66 Senegal 11.5 DB17-20 methodology compare
  6. 69 Malaysia 11.25 DB17-20 methodology compare

See the full ranking of 181 places →

More reference data data for Libya

All data for Libya →

Frequently asked questions

What is paying taxes: time to comply with corporate income tax correction in Libya?
Paying taxes: time to comply with corporate income tax correction in Libya was 11.5 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 Libya?
The highest recorded value was 11.5 DB17-20 methodology in 2015.
What is the lowest paying taxes: time to comply with corporate income tax correction recorded in Libya?
The lowest recorded value was 11.5 DB17-20 methodology in 2015.
How does Libya rank for paying taxes: time to comply with corporate income tax correction?
Libya ranks 66th out of 181 countries with data for 2019.
Where does this Libya 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 Libya. Statizoid. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/paying-taxes-time-to-comply-with-corporate-income-tax-correction-hours-db17-20-methodology/libya/

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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.