Paying taxes (DB17-20 methodology) - Score in Trinidad and Tobago

Trinidad and Tobago: Paying taxes (DB17-20 methodology) - Score was 53.53 in 2019. ▬ Flat

Latest (2019)
53.53
Change on year
up 5.0%
World rank
158th
of 188 countries
All-time high
53.72
in 2016
All-time low
50.97
in 2018
Years of data
5
2015–2019

Paying taxes (DB17-20 methodology) - Score in Trinidad and Tobago, 2015–2019

02040602015201720192015: 53.72016: 53.72017: 52.22018: 512019: 53.5

Source: World Bank.

Analysis

Trinidad and Tobago recorded 53.53 for paying taxes (db17-20 methodology) - score in 2019.

The figure is up 5.0% on the previous year and down 0.3% over five years.

That places Trinidad and Tobago 158th out of 188 countries with data for 2019, putting it in the bottom quarter.

Countries ranked near Trinidad and Tobago

  1. 155 Laos 54.22 compare
  2. 156 Algeria 53.85 compare
  3. 157 Nigeria 53.68 compare
  4. 159 Pakistan 52.93 compare
  5. 160 Nicaragua 52.69 compare
  6. 161 Puerto Rico 52.01 compare

See the full ranking of 190 places →

More reference data data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is paying taxes (db17-20 methodology) - score in Trinidad and Tobago?
Paying taxes (db17-20 methodology) - score in Trinidad and Tobago was 53.53 in 2019, according to the World Bank.
What is the highest paying taxes (db17-20 methodology) - score recorded in Trinidad and Tobago?
The highest recorded value was 53.72 in 2016.
What is the lowest paying taxes (db17-20 methodology) - score recorded in Trinidad and Tobago?
The lowest recorded value was 50.97 in 2018.
How does Trinidad and Tobago rank for paying taxes (db17-20 methodology) - score?
Trinidad and Tobago ranks 158th out of 188 countries with data for 2019.
Where does this Trinidad and Tobago data come from?
The figures come from the World Bank, published as part of Paying taxes (DB17-20 methodology) - Score. Statizoid updates them automatically from the source API.

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CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Paying taxes (DB17-20 methodology) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 950 data points, 2015–2019
Last refreshed

The score for paying taxes is the simple average of the scores for each of the component indicators, the payments, time and total tax and contribution rate for a company to comply with tax laws in an economy, as well as the postfiling procedures to request and process a VAT refund claim and to comply with and complete a corporate income tax correction. The score is computed based on the methodology in the DB17-20 studies.