Paying taxes: Time to comply with VAT refund (hours) in Trinidad and Tobago

Trinidad and Tobago: Paying taxes: Time to comply with VAT refund (hours) was 27 DB17-20 methodology in 2019. ▼ Falling

Latest (2019)
27 DB17-20 methodology
Change on year
down 64.9%
World rank
22nd
of 103 countries
All-time high
77 DB17-20 methodology
in 2015
All-time low
27 DB17-20 methodology
in 2019
Years of data
5
2015–2019

Paying taxes: Time to comply with VAT refund (hours) in Trinidad and Tobago, 2015–2019

0204060802015201720192015: 77 DB17-20 methodology2016: 77 DB17-20 methodology2017: 77 DB17-20 methodology2018: 77 DB17-20 methodology2019: 27 DB17-20 methodology

Source: World Bank. Measured in DB17-20 methodology.

Analysis

Trinidad and Tobago recorded 27 DB17-20 methodology for paying taxes: time to comply with vat refund (hours) in 2019. That is the lowest value across all 5 years on record.

The figure is down 64.9% on the previous year and down 64.9% over five years.

Trinidad and Tobago ranks 22nd of 103 countries on this measure, in the top quarter.

Paying taxes: Time to comply with VAT refund (hours) in Trinidad and Tobago, year by year

Annual values for Paying taxes: Time to comply with VAT refund (hours) (DB17-20 methodology) in Trinidad and Tobago, 2015 to 2019.
Year DB17-20 methodology Change
2015 77 DB17-20 methodology
2016 77 DB17-20 methodology +0.0%
2017 77 DB17-20 methodology +0.0%
2018 77 DB17-20 methodology +0.0%
2019 27 DB17-20 methodology -64.9%

Countries ranked near Trinidad and Tobago

  1. 20 Namibia 30 DB17-20 methodology compare
  2. 21 Mozambique 28 DB17-20 methodology compare
  3. 22 Kosovo 27 DB17-20 methodology compare
  4. 22 Kosovo (UNSCR 1244) 27 DB17-20 methodology compare
  5. 25 Chile 26 DB17-20 methodology compare

See the full ranking of 103 places →

More reference data data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is paying taxes: time to comply with vat refund (hours) in Trinidad and Tobago?
Paying taxes: time to comply with vat refund (hours) in Trinidad and Tobago was 27 DB17-20 methodology in 2019, according to the World Bank.
What is the highest paying taxes: time to comply with vat refund (hours) recorded in Trinidad and Tobago?
The highest recorded value was 77 DB17-20 methodology in 2015.
What is the lowest paying taxes: time to comply with vat refund (hours) recorded in Trinidad and Tobago?
The lowest recorded value was 27 DB17-20 methodology in 2019.
How does Trinidad and Tobago rank for paying taxes: time to comply with vat refund (hours)?
Trinidad and Tobago ranks 22nd out of 103 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: Time to comply with VAT refund (hours) (DB17-20 methodology). Statizoid updates them automatically from the source API.

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Paying taxes: Time to comply with VAT refund (hours) in Trinidad and Tobago. Statizoid. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/paying-taxes-time-to-comply-with-vat-refund-hours-db17-20-methodology/trinidad-and-tobago/

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About this data

Indicator
Paying taxes: Time to comply with VAT refund (hours) (DB17-20 methodology)
Unit
DB17-20 methodology
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
103 places, 515 data points, 2015–2019
Last refreshed

The time to comply with VAT refund measures the time spent preparing and submitting the refund claim and the time spent preparing information for the tax officers, if, in 50% or more of cases, a company that requests a VAT cash refund arising from a capital purchase would be selected for an additional review. The component indicator is computed based on the methodology in the DB17-20 studies.