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Paying taxes: Time to obtain VAT refund (weeks) in Lesotho

Lesotho: Paying taxes: Time to obtain VAT refund (weeks) was 41.74 DB17-20 methodology in 2019. ▬ Flat

Latest (2019)
41.74 DB17-20 methodology
Change on year
unchanged
World rank
22nd
of 101 countries
All-time high
41.74 DB17-20 methodology
in 2015
All-time low
41.74 DB17-20 methodology
in 2015
Years of data
5
2015–2019

Paying taxes: Time to obtain VAT refund (weeks) in Lesotho, 2015–2019

0102030402015201720192015: 41.7 DB17-20 methodology2016: 41.7 DB17-20 methodology2017: 41.7 DB17-20 methodology2018: 41.7 DB17-20 methodology2019: 41.7 DB17-20 methodology

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

Analysis

Lesotho recorded 41.74 DB17-20 methodology for paying taxes: time to obtain vat refund (weeks) in 2019. That is the highest value across all 5 years on record.

The figure is unchanged over five years.

Lesotho ranks 22nd of 101 countries on this measure, in the top quarter.

Countries ranked near Lesotho

  1. 19 Saint Kitts and Nevis 42.64 DB17-20 methodology compare
  2. 20 Nicaragua 42.6 DB17-20 methodology compare
  3. 21 Mexico 42.02 DB17-20 methodology compare
  4. 23 Trinidad and Tobago 40.33 DB17-20 methodology compare
  5. 24 Papua New Guinea 39.17 DB17-20 methodology compare
  6. 24 Rwanda 39.17 DB17-20 methodology compare

See the full ranking of 102 places →

More reference data data for Lesotho

All data for Lesotho →

Frequently asked questions

What is paying taxes: time to obtain vat refund (weeks) in Lesotho?
Paying taxes: time to obtain vat refund (weeks) in Lesotho was 41.74 DB17-20 methodology in 2019, according to the World Bank.
What is the highest paying taxes: time to obtain vat refund (weeks) recorded in Lesotho?
The highest recorded value was 41.74 DB17-20 methodology in 2015.
What is the lowest paying taxes: time to obtain vat refund (weeks) recorded in Lesotho?
The lowest recorded value was 41.74 DB17-20 methodology in 2015.
How does Lesotho rank for paying taxes: time to obtain vat refund (weeks)?
Lesotho ranks 22nd out of 101 countries with data for 2019.
Where does this Lesotho data come from?
The figures come from the World Bank, published as part of Paying taxes: Time to obtain VAT refund (weeks) (DB17-20 methodology). Statizoid updates them automatically from the source API.

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About this data

Indicator
Paying taxes: Time to obtain VAT refund (weeks) (DB17-20 methodology)
Unit
DB17-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
102 places, 510 data points, 2015–2019
Last refreshed

The time to obtain VAT refund measures the time from purchase of the machine to the date of submission of the refund claim (this is equal to half the filing period), the length of any mandatory period that the excess output VAT must be carried forward before a claim can be made, and the time from the submission of the VAT refund claim to the date the refund is received. If a company that requests a VAT cash refund arising from a capital purchase would be selected for additional review in 50% or more of cases, the duration of the review is included in the time to obtain a VAT refund. The component indicator is computed based on the methodology in the DB17-20 studies.