Bhutan BT: Time to Prepare and Pay Taxes

2005 - 2019 | Yearly | Hour | World Bank

Bhutan BT: Time to Prepare and Pay Taxes data was reported at 52.000 Hour in 2019. This stayed constant from the previous number of 52.000 Hour for 2018. Bhutan BT: Time to Prepare and Pay Taxes data is updated yearly, averaging 95.000 Hour from Dec 2005 (Median) to 2019, with 15 observations. The data reached an all-time high of 95.000 Hour in 2017 and a record low of 52.000 Hour in 2019. Bhutan BT: Time to Prepare and Pay Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bhutan – Table BT.World Bank.WDI: Company Statistics. Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions.;World Bank, Doing Business project (http://www.doingbusiness.org/). NOTE: Doing Business has been discontinued as of 9/16/2021. For more information: https://bit.ly/3CLCbme;Unweighted average;Data are presented for the survey year instead of publication year.

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Bhutan Bhutan BT: Time to Prepare and Pay Taxes

What was Bhutan's Bhutan BT: Time to Prepare and Pay Taxes in 2019?

Last	Previous	Min	Max	Unit	Frequency	Range
52.000 2019	52.000 2018	52.000 2019	95.000 2017	Hour	yearly	2005 - 2019

Related Indicators for Bhutan BT: Time to Prepare and Pay Taxes

Related indicators	Last	Frequency	Range
Bhutan BT: Time to Prepare and Pay Taxes (Hour)	52.000 2019	yearly	2005 - 2019
Bhutan BT: Firms Competing Against Unregistered Firms: % of Firms (%)	7.200 2015	yearly	2009 - 2015
Bhutan BT: Firm with Female Top Manager: % of Firms (%)	26.300 2015	yearly	2015 - 2015
Bhutan BT: Average Time to Clear Exports Through Customs (Day)	12.700 2015	yearly	2009 - 2015
Bhutan BT: Firms using Banks to Finance Investment: % of Firms (%)	32.200 2015	yearly	2009 - 2015
Bhutan BT: Informal Payments to Public Officials: % of Firms (%)	0.100 2015	yearly	2009 - 2015
Bhutan BT: Losses Due To Theft and Vandalism: % of Annual Sales for Affected Fir... (%)	7.100 2015	yearly	2009 - 2015
Bhutan BT: Time Required to Obtain an Operating License (Day)	1.200 2015	yearly	2009 - 2015
Bhutan BT: Firms with Female Participation in Ownership: % of Firms (%)	43.300 2015	yearly	2009 - 2015
Bhutan BT: Firms Formally Registered When Operations Started: % of Firms (%)	95.200 2015	yearly	2009 - 2015
Bhutan BT: Value Lost Due to Electrical Outages: % of Sales for Affected Firms (%)	3.700 2015	yearly	2009 - 2015
Bhutan BT: Firms Offering Formal Training: % of Firms (%)	26.000 2015	yearly	2009 - 2015
Bhutan BT: Time Spent Dealing with the Requirements of Government Regulations: %... (%)	28.800 2015	yearly	2009 - 2015
Bhutan BT: Time Required to Enforce a Contract (Day)	225.000 2019	yearly	2003 - 2019
Bhutan BT: Time Required to Register Property (Day)	77.000 2019	yearly	2004 - 2019
Bhutan BT: Procedures to Register Property (Number)	3.000 2019	yearly	2004 - 2019
Bhutan BT: Cost of Business Start-Up Procedures: % of GNI per Capita (%)	3.700 2019	yearly	2003 - 2019
Bhutan BT: Time Required to Start a Business (Day)	12.000 2019	yearly	2003 - 2019
Bhutan BT: Start-Up Procedures to Register a Business (Number)	8.000 2019	yearly	2003 - 2019
Bhutan BT: Number of Visits or Required Meetings with Tax Officials: Average for... (NA)	1.200 2015	yearly	2009 - 2015
Bhutan BT: Tax Payments (Number)	18.000 2019	yearly	2005 - 2019
Bhutan BT: Total Tax Rate: % of Profit (%)	35.300 2019	yearly	2005 - 2019
Bhutan BT: Time Required to Build a Warehouse (Day)	150.000 2019	yearly	2005 - 2019
Bhutan BT: Procedures to Build a Warehouse (Number)	21.000 2019	yearly	2005 - 2019
Bhutan BT: Time Required to Get Electricity (Day)	61.000 2019	yearly	2009 - 2019
Bhutan BT: Firms using Banks to Finance Working Capital: % of Firms (%)	42.000 2015	yearly	2009 - 2015
Bhutan BT: Bribery Incidence: % of Firms Experiencing at Least One Bribe Payment... (%)	0.900 2015	yearly	2009 - 2015
Bhutan BT: Cost of Business Start-Up Procedures: % of GNI Per Capita: Female (%)	3.700 2019	yearly	2003 - 2019
Bhutan BT: Cost of Business Start-Up Procedures: % of GNI Per Capita: Male (%)	3.700 2019	yearly	2003 - 2019
Bhutan BT: Time Required to Start a Business: Female (Day)	12.000 2019	yearly	2003 - 2019
Bhutan BT: Time Required to Start a Business: Male (Day)	12.000 2019	yearly	2003 - 2019
Bhutan BT: Start-Up Procedures to Register a Business: Female (Number)	8.000 2019	yearly	2003 - 2019
Bhutan BT: Start-Up Procedures to Register a Business: Male (Number)	8.000 2019	yearly	2003 - 2019
Bhutan BT: Firms Visited or Required Meetings with Tax Officials: % of Firms (%)	81.500 2015	yearly	2009 - 2015
Bhutan BT: Firms That Spend On R&D: % of Firms (%)	18.700 2015	yearly	2015 - 2015
Bhutan BT: Firms Experiencing Losses Due To Theft and Vandalism: % of Firms (%)	15.700 2015	yearly	2009 - 2015

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Bhutan Key Series

National Accounts	Last	Frequency	Range
Forecast: GDP PPP Per Capita (PPP Intl $)	23,750.736 2029	yearly	1980 - 2029
Forecast: Nominal GDP Per Capita (USD)	4,729.400 2028	yearly	1980 - 2028
Forecast: Real GDP Growth (%)	5.114 2029	yearly	1980 - 2029

Government and Public Finance	Last	Frequency	Range
Forecast: Government Expenditure (BTN bn)	141.129 2029	yearly	1981 - 2029
Forecast: Government Net Debt (BTN bn)	571.583 2029	yearly	1993 - 2029
Forecast: Government Revenue (BTN bn)	119.972 2029	yearly	1981 - 2029

Demographic and Labour Market	Last	Frequency	Range
Forecast: Population (Person mn)	0.805 2028	yearly	1980 - 2028
Forecast: Unemployment Rate (%)	3.500 2023	yearly	2003 - 2023

Inflation	Last	Frequency	Range
Forecast: Consumer Price Index Growth (%)	3.960 2028	yearly	1980 - 2028

Balance of Payments	Last	Frequency	Range
Forecast: Current Account Balance (USD bn)	-0.728 2029	yearly	1980 - 2029

More Indicators for Bhutan

Indicators	Last	Frequency	Range
Bhutan BT: CPIA: Macroeconomic Management Rating: 1=Low To 6=High (NA)	3.500 2023	yearly	2005 - 2023
Bhutan BT: CPIA: Quality of Public Administration Rating: 1=Low To 6=High (NA)	4.000 2023	yearly	2005 - 2023
Bhutan BT: CPIA: Equity of Public Resource Use Rating: 1=Low To 6=High (NA)	4.500 2023	yearly	2005 - 2023
Bhutan BT: CPIA: Property Rights and Rule-Based Governance Rating: 1=Low To 6=Hi... (NA)	4.000 2023	yearly	2005 - 2023
Bhutan BT: CPIA: Social Protection Rating: 1=Low To 6=High (NA)	3.000 2023	yearly	2005 - 2023
Bhutan BT: CPIA: Public Sector Management and Institutions Cluster Average: 1=Lo... (NA)	4.000 2023	yearly	2005 - 2023
Bhutan BT: CPIA: Efficiency of Revenue Mobilization Rating: 1=Low To 6=High (NA)	3.500 2023	yearly	2005 - 2023
Bhutan BT: CPIA: Policies for Social Inclusion/Equity Cluster Average: 1=Low To ... (NA)	4.000 2023	yearly	2005 - 2023
Bhutan BT: CPIA: Structural Policies Cluster Average: 1=Low To 6=High (NA)	3.333 2023	yearly	2005 - 2023
Bhutan BT: CPIA: Trade Rating: 1=Low To 6=High (NA)	3.500 2023	yearly	2005 - 2023
Bhutan BT: CPIA: Transparency: Accountability: and Corruption in The Public Sect... (NA)	4.500 2023	yearly	2005 - 2023
Bhutan BT: Air Transport: Registered Carrier Departures Worldwide (Unit)	1,311.000 2020	yearly	1988 - 2020
Bhutan BT: Air Transport: Freight (Ton-km mn)	0.510 2020	yearly	2000 - 2020
Bhutan BT: Air Transport: Passengers Carried (Person)	48,825.000 2020	yearly	1988 - 2020
Bhutan BT: Secure Internet Servers (Unit)	527.000 2020	yearly	2010 - 2020
Bhutan BT: Secure Internet Servers: per 1 Million People (Number)	682.195 2020	yearly	2010 - 2020
Bhutan BT: Logistics Performance Index: 1=Low To 5=High: Efficiency of Customs C... (NA)	2.140 2018	yearly	2007 - 2018
Bhutan BT: Logistics Performance Index: 1=Low To 5=High: Quality of Trade and Tr... (NA)	1.910 2018	yearly	2007 - 2018
Bhutan BT: Logistics Performance Index: 1=Low To 5=High: Ease of Arranging Compe... (NA)	1.800 2018	yearly	2007 - 2018
Bhutan BT: Logistics Performance Index: 1=Low To 5=High: Competence and Quality ... (NA)	2.350 2018	yearly	2007 - 2018
Bhutan BT: Logistics Performance Index: 1=Low To 5=High: Overall (NA)	2.170 2018	yearly	2007 - 2018
Bhutan BT: Logistics Performance Index: 1=Low To 5=High: Frequency with which Sh... (NA)	2.490 2018	yearly	2007 - 2018
Bhutan BT: Logistics Performance Index: 1=Low To 5=High: Ability to Track and Tr... (NA)	2.350 2018	yearly	2007 - 2018
Bhutan BT: Arms Imports: SIPRI Trend Indicator Values (TIV) (TIV)	4,000,000.000 2021	yearly	1968 - 2021
Bhutan BT: GDP: USD: Final Consumption Expenditure: General Government (USD mn)	609.130 2022	yearly	1980 - 2022
Bhutan BT: GDP: Final Consumption Expenditure: General Government (BTN mn)	47,880.360 2022	yearly	1980 - 2022
Bhutan BT: GDP: Growth: Final Consumption Expenditure: General Government (%)	-2.322 2022	yearly	1991 - 2022
Bhutan BT: GDP: % of GDP: Final Consumption Expenditure: General Government (%)	21.017 2022	yearly	1980 - 2022
Bhutan BT: GDP: USD: Final Consumption Expenditure: Household: Include Discrepan... (USD mn)	1,126.13 2016	yearly	1980 - 2016
Bhutan BT: GDP: Final Consumption Expenditure: Household: Include Discrepancy (BTN mn)	75,670.95 2016	yearly	1980 - 2016
Bhutan BT: GDP: Growth: Final Consumption Expenditure: Household: Include Discre... (%)	-2.60 2016	yearly	2001 - 2016
Bhutan BT: GDP: Real: Final Consumption Expenditure: Household: Include Discrepa... (BTN mn)	33,918.19 2016	yearly	2000 - 2016
Bhutan BT: GDP: % of GDP: Final Consumption Expenditure: Household (%)	50.90 2016	yearly	1980 - 2016
Bhutan BT: GDP: USD: Final Consumption Expenditure: Include Discrepancy (USD mn)	1,499.10 2016	yearly	1980 - 2016
Bhutan BT: GDP: Final Consumption Expenditure: Include Discrepancy (BTN mn)	100,732.35 2016	yearly	1980 - 2016
Bhutan BT: GDP: Growth: Final Consumption Expenditure: Include Discrepancy (%)	-1.09 2016	yearly	2001 - 2016
Bhutan BT: GDP: Real: Final Consumption Expenditure: Include Discrepancy (BTN mn)	44,250.17 2016	yearly	2000 - 2016
Bhutan BT: GDP: % of GDP: Final Consumption Expenditure (%)	67.75 2016	yearly	1980 - 2016
Bhutan BT: GDP: USD: Gross National Expenditure (USD mn)	3,880.956 2022	yearly	1990 - 2022
Bhutan BT: GDP: Gross National Expenditure (BTN mn)	305,060.590 2022	yearly	1990 - 2022
Bhutan BT: GDP: Real: Gross National Expenditure (BTN mn)	229,837.410 2022	yearly	1990 - 2022
Bhutan BT: GDP: % of GDP: Gross National Expenditure (%)	133.908 2022	yearly	1990 - 2022
Bhutan BT: GDP: USD: Exports of Goods and Services (USD mn)	747.501 2022	yearly	1980 - 2022
Bhutan BT: GDP: Growth: Exports of Goods and Services (%)	-8.099 2022	yearly	1991 - 2022
Bhutan BT: GDP: % of GDP: Exports of Goods and Services (%)	25.792 2022	yearly	1980 - 2022
Bhutan BT: GDP: USD: Gross Fixed Capital Formation (USD mn)	1,600.350 2022	yearly	1980 - 2022
Bhutan BT: GDP: Growth: Gross Fixed Capital Formation (%)	29.339 2022	yearly	2001 - 2022
Bhutan BT: GDP: % of GDP: Gross Fixed Capital Formation (%)	55.218 2022	yearly	1980 - 2022
Bhutan BT: GDP: USD: Changes in Inventories (USD mn)	3.524 2022	yearly	1980 - 2022
Bhutan BT: GDP: Real: Changes in Inventories (BTN mn)	98.754 2022	yearly	1990 - 2022
Bhutan BT: GDP: USD: Gross Capital Formation (USD mn)	1,603.876 2022	yearly	1980 - 2022
Bhutan BT: GDP: Growth: Gross Capital Formation (%)	28.836 2022	yearly	1991 - 2022
Bhutan BT: GDP: Real: Gross Capital Formation (BTN mn)	101,741.860 2022	yearly	1990 - 2022
Bhutan BT: GDP: % of GDP: Gross Capital Formation (%)	55.340 2022	yearly	1980 - 2022
Bhutan BT: GDP: USD: Imports of Goods and Services (USD mn)	1,742.951 2022	yearly	1980 - 2022
Bhutan BT: GDP: Growth: Imports of Goods and Services (%)	17.143 2022	yearly	1991 - 2022
Bhutan BT: GDP: % of GDP: Imports of Goods and Services (%)	60.139 2022	yearly	1980 - 2022
Bhutan BT: GDP: USD: External Balance of Goods and Services (USD mn)	-995.450 2022	yearly	1980 - 2022
Bhutan BT: GDP: Real: External Balance of Goods and Services (BTN mn)	-47,636.009 2022	yearly	2017 - 2022
Bhutan BT: GDP: % of GDP: External Balance on Goods and Services (%)	-34.347 2022	yearly	1980 - 2022
Bhutan BT: GDP: % of GDP: Trade (%)	85.930 2022	yearly	1980 - 2022
Bhutan BT: GDP: USD: Gross Value Added at Factor Cost: Agriculture (USD mn)	400.232 2019	yearly	1980 - 2019
Bhutan BT: GDP: Growth: Gross Value Added: Agriculture (%)	1.300 2019	yearly	1981 - 2019
Bhutan BT: GDP: % of GDP: Gross Value Added: Agriculture (%)	15.816 2019	yearly	1980 - 2019
Bhutan BT: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing (USD mn)	252.931 2022	yearly	1980 - 2022
Bhutan BT: GDP: Growth: Gross Value Added: Industry: Manufacturing (%)	6.727 2022	yearly	1981 - 2022
Bhutan BT: GDP: % of GDP: Gross Value Added: Industry: Manufacturing (%)	8.727 2022	yearly	1980 - 2022
Bhutan BT: GDP: USD: Gross Value Added at Factor Cost: Industry (USD mn)	914.331 2019	yearly	1980 - 2019
Bhutan BT: GDP: Growth: Gross Value Added: Industry (%)	2.006 2019	yearly	1981 - 2019
Bhutan BT: GDP: % of GDP: Gross Value Added: Industry (%)	36.132 2019	yearly	1980 - 2019
Bhutan BT: GDP: USD: Gross Value Added at Factor Cost: Services (USD mn)	827.64 2016	yearly	1980 - 2016
Bhutan BT: GDP: Gross Value Added at Factor Cost: Services (BTN mn)	55,613.41 2016	yearly	1980 - 2016
Bhutan BT: GDP: Growth: Gross Value Added: Services (%)	9.98 2016	yearly	1981 - 2016
Bhutan BT: GDP: Real: Gross Value Added at Factor Cost: Services (BTN mn)	25,466.23 2016	yearly	1980 - 2016
Bhutan BT: GDP: % of GDP: Gross Value Added: Services (%)	39.22 2016	yearly	1980 - 2016
Bhutan BT: Adjusted Savings: Education Expenditure (USD mn)	138.465 2021	yearly	1980 - 2021
Bhutan BT: Adjusted Savings: Education Expenditure: % of GNI (%)	5.808 2021	yearly	1970 - 2021
Bhutan BT: Adjusted Savings: Carbon Dioxide Damage (USD mn)	48.423 2021	yearly	1990 - 2021
Bhutan BT: Adjusted Savings: Carbon Dioxide Damage: % of GNI (%)	2.031 2021	yearly	1990 - 2021
Bhutan BT: Adjusted Savings: Net Forest Depletion (USD mn)	60.792 2021	yearly	1970 - 2021
Bhutan BT: Adjusted Savings: Net Forest Depletion: % of GNI (%)	2.550 2021	yearly	1980 - 2021
Bhutan BT: Adjusted Savings: Consumption of Fixed Capital (USD mn)	39.009 2021	yearly	1980 - 2021
Bhutan BT: Adjusted Savings: Consumption of Fixed Capital: % of GNI (%)	1.636 2021	yearly	1980 - 2021
Bhutan BT: Adjusted Savings: Mineral Depletion (USD mn)	0.156 2021	yearly	1970 - 2021
Bhutan BT: Adjusted Savings: Mineral Depletion: % of GNI (%)	0.007 2021	yearly	1980 - 2021
Bhutan BT: Adjusted Savings: Energy Depletion (USD mn)	0.000 2021	yearly	1980 - 2021
Bhutan BT: Adjusted Savings: Energy Depletion: % of GNI (%)	0.000 2021	yearly	1980 - 2021
Bhutan BT: Adjusted Savings: Particulate Emission Damage (USD mn)	12.987 2021	yearly	1990 - 2021
Bhutan BT: Adjusted Savings: Particulate Emission Damage: % of GNI (%)	0.545 2021	yearly	1990 - 2021
Bhutan BT: Adjusted Savings: Gross Savings: % of GNI (%)	14.311 2021	yearly	2006 - 2021
Bhutan BT: Adjusted Savings: Net National Savings (USD mn)	302.160 2021	yearly	2006 - 2021
Bhutan BT: Adjusted Savings: Net National Savings: % of GNI (%)	12.675 2021	yearly	2006 - 2021
Bhutan BT: Adjusted Net Savings: Including Particulate Emission Damage (USD mn)	318.268 2021	yearly	2006 - 2021
Bhutan BT: Adjusted Net Savings: Including Particulate Emission Damage: % of GNI (%)	13.351 2021	yearly	2006 - 2021
Bhutan BT: Adjusted Net Savings: Excluding Particulate Emission Damage (USD mn)	331.254 2021	yearly	2006 - 2021
Bhutan BT: Adjusted Net Savings: Excluding Particulate Emission Damage: % of GNI (%)	13.895 2021	yearly	2006 - 2021
Bhutan BT: GDP: Real: Exports as a Capacity to Import (BTN mn)	39,850.132 2022	yearly	1990 - 2022
Bhutan BT: Inflation:(GDP) Gross Domestic ProductDeflator (%)	5.795 2022	yearly	1971 - 2022
Bhutan BT: GDP: Discrepancy (BTN mn)	999.994 2022	yearly	1990 - 2022
Bhutan BT: GDP: Real: Discrepancy (BTN mn)	-0.001 2022	yearly	2017 - 2022

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