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
Paying taxes (DB17-20 methodology) - Score in Trinidad and Tobago, 2015–2019
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 161st out of 191 countries with data for 2019, putting it in the bottom quarter.
Paying taxes (DB17-20 methodology) - Score in Trinidad and Tobago, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 53.66 | — |
| 2016 | 53.72 | +0.1% |
| 2017 | 52.22 | -2.8% |
| 2018 | 50.97 | -2.4% |
| 2019 | 53.53 | +5.0% |
Trinidad and Tobago compared with similar countries
- Trinidad and Tobago's 53.53 is below the median for high income countries, which is 83.6, 64% of the median. (62 countries reporting)
- Trinidad and Tobago's 53.53 is below the median for Latin America & Caribbean, which is 64.41, 83% of the median. (33 countries reporting)
Countries ranked near Trinidad and Tobago
More reference data data for Trinidad and Tobago
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0696 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0589 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.165 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0005 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.165 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.2333 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0945 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3189 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7976 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0027 (2050)
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 161st out of 191 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
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.