Paying taxes: Time (hours per year) for Saudi Arabia



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 152.00 as of 12/31/2019, the highest value at least since 12/31/2006, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 375.00 percent compared to the value the year prior.
The 1 year change in percent is 375.00.
The 3 year change in percent is 153.33.
The 5 year change in percent is 137.50.
The 10 year change in percent is 92.41.

The Serie's long term average value is 72.80. It's latest available value, on 12/31/2019, is 108.79 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2018, to it's latest available value, on 12/31/2019, is +375.00%.
The Serie's change in percent from it's maximum value, on 12/31/2019, to it's latest available value, on 12/31/2019, is 0.0%.

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