Paying taxes: Time (hours per year) for Papua New Guinea



Indicator Definition:
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.

The indicator "Paying taxes: Time (hours per year)" stands at 207.00 as of 12/31/2019.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 1.97 percent compared to the value the year prior.
The 1 year change in percent is 1.97.
The 3 year change in percent is -0.9569.
The 5 year change in percent is -0.9569.
The 10 year change in percent is 6.98.

The Serie's long term average value is 202.77. It's latest available value, on 12/31/2019, is 2.09 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2008, to it's latest available value, on 12/31/2019, is +6.98%.
The Serie's change in percent from it's maximum value, on 12/31/2014, to it's latest available value, on 12/31/2019, is -0.957%.

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