Paying taxes: Time to obtain VAT refund (weeks) in Trinidad and Tobago

Trinidad and Tobago: Paying taxes: Time to obtain VAT refund (weeks) was 40.33 DB17-20 methodology in 2019. ▬ Flat

Latest (2019)
40.33 DB17-20 methodology
Change on year
unchanged
World rank
23rd
of 103 countries
All-time high
40.33 DB17-20 methodology
in 2015
All-time low
40.33 DB17-20 methodology
in 2015
Years of data
5
2015–2019

Paying taxes: Time to obtain VAT refund (weeks) in Trinidad and Tobago, 2015–2019

0102030402015201720192015: 40.3 DB17-20 methodology2016: 40.3 DB17-20 methodology2017: 40.3 DB17-20 methodology2018: 40.3 DB17-20 methodology2019: 40.3 DB17-20 methodology

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

Analysis

In 2019, paying taxes: time to obtain vat refund (weeks) in Trinidad and Tobago stood at 40.33 DB17-20 methodology. That is the highest value across all 5 years on record.

Compared with earlier readings it is unchanged over five years.

That places Trinidad and Tobago 23rd out of 103 countries with data for 2019, putting it in the top quarter.

Paying taxes: Time to obtain VAT refund (weeks) in Trinidad and Tobago, year by year

Annual values for Paying taxes: Time to obtain VAT refund (weeks) (DB17-20 methodology) in Trinidad and Tobago, 2015 to 2019.
Year DB17-20 methodology Change
2015 40.33 DB17-20 methodology
2016 40.33 DB17-20 methodology +0.0%
2017 40.33 DB17-20 methodology +0.0%
2018 40.33 DB17-20 methodology +0.0%
2019 40.33 DB17-20 methodology +0.0%

Countries ranked near Trinidad and Tobago

  1. 20 Nicaragua 42.6 DB17-20 methodology compare
  2. 21 Mexico 42.02 DB17-20 methodology compare
  3. 22 Lesotho 41.74 DB17-20 methodology compare
  4. 24 Papua New Guinea 39.17 DB17-20 methodology compare
  5. 24 Rwanda 39.17 DB17-20 methodology compare
  6. 26 Iran 38.5 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 obtain vat refund (weeks) in Trinidad and Tobago?
Paying taxes: time to obtain vat refund (weeks) in Trinidad and Tobago was 40.33 DB17-20 methodology in 2019, according to the World Bank.
What is the highest paying taxes: time to obtain vat refund (weeks) recorded in Trinidad and Tobago?
The highest recorded value was 40.33 DB17-20 methodology in 2015.
What is the lowest paying taxes: time to obtain vat refund (weeks) recorded in Trinidad and Tobago?
The lowest recorded value was 40.33 DB17-20 methodology in 2015.
How does Trinidad and Tobago rank for paying taxes: time to obtain vat refund (weeks)?
Trinidad and Tobago ranks 23rd 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 obtain VAT refund (weeks) (DB17-20 methodology). Statizoid updates them automatically from the source API.

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Paying taxes: Time to obtain VAT refund (weeks) in Trinidad and Tobago. Statizoid. Retrieved 29 August 2026, from https://reference.statizoid.com/stat/paying-taxes-time-to-obtain-vat-refund-weeks-db17-20-methodology/trinidad-and-tobago/

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About this data

Indicator
Paying taxes: Time to obtain VAT refund (weeks) (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 obtain VAT refund measures the time from purchase of the machine to the date of submission of the refund claim (this is equal to half the filing period), the length of any mandatory period that the excess output VAT must be carried forward before a claim can be made, and the time from the submission of the VAT refund claim to the date the refund is received. If a company that requests a VAT cash refund arising from a capital purchase would be selected for additional review in 50% or more of cases, the duration of the review is included in the time to obtain a VAT refund. The component indicator is computed based on the methodology in the DB17-20 studies.